How are Need-Based Financial Support amounts determined?
Need-Based Financial Support packages (which are loans, and in some cases, grants) are determined by your demonstrated financial need beyond the baseline funds offered through Transitional Financial Support to cover cost incurred by moving to your assigned region, and necessary expenses before your first paycheck.
We try to be as exhaustive as possible in estimating the cost associated with your transition. We consider expenses such as travel, testing fees, upfront certification fees, health insurance, apartment rental, and cost of living after you finish Pre-Service Training and before you receive your first paycheck.
Need-Based Financial Support is not able to cover all costs that our corps members may face over the summer, such as cost of living before and during your Pre-Service Training and the cost of purchasing a car. Given that the overall transitional funding budget is limited, most recipients are provided packages that cover some, but not all, of their expected transitional costs.
Have other questions or need more help? Contact us