45 C.F.R. PART 2527—DETERMINING THE AMOUNT OF AN EDUCATION AWARD


Title 45 - Public Welfare


Title 45: Public Welfare

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PART 2527—DETERMINING THE AMOUNT OF AN EDUCATION AWARD

Section Contents
§ 2527.10   What is the amount of an AmeriCorps education award?


Authority:  42 U.S.C. 12601–12604.

Source:  64 FR 37415, July 12, 1999, unless otherwise noted.

§ 2527.10   What is the amount of an AmeriCorps education award?
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(a) Full-time term of service. The education award for a full-time term of service of at least 1,700 hours is $4,725.

(b) Part-time term of service. The education award for a part-time term of service of at least 900 hours is $2,362.50.

(c) Reduced part-time term of service. The education award for a reduced part-time term of service of fewer than 900 hours is—

(1) An amount equal to the product of—

(i) The number of hours of service required to complete the reduced part-time term of service divided by 900; and

(ii) 2,362.50; or

(2) An amount as determined otherwise by the Corporation.

(d) Release for compelling personal circumstances. The education award for an individual who is released from completing an originally-approved term of service for compelling personal circumstances is equal to the product of—

(1) The number of hours completed divided by the number of hours in the originally-approved term of service; and

(2) The amount of the education award for the originally-approved term of service.

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