Is Teach For America a member of AmeriCorps?
Teach For America is a proud member of AmeriCorps, the national service network. Through this relationship, corps members may be eligible to enroll in AmeriCorps and therefore may be eligible for forbearance on their qualified student loans during their term of service. AmeriCorps alumni are eligible to have the National Service Trust pay all or a portion of the interest that accumulated on qualified student loan(s) during their term of service. Additionally, those who have not previously received AmeriCorps awards may receive a Segal AmeriCorps Education Award of up to $6,800 at the end of each year of service, which maybe used towards future educational expenses or to repay qualified student loans. As AmeriCorps members, corps members also join a national network of other service programs and have opportunities to meet others in the network and to participate in AmeriCorps events in their regions.
Given the nature of the AmeriCorps competitive grant process and the dependence on Congressional funding cycles, we cannot guarantee these benefits for corps members each year. Per regulations, the AmeriCorps education award and interest accrual payments are considered to be taxable income for the year in which they are used.
Learn more about AmeriCorps eligibility.