§2525.240. Is there a limit on the amount of an Eligible Individual's education award that AmeriCorps will disburse to an institution for a given period of enrollment?

45 C.F.R. § 2525.240

Yes. AmeriCorps' disbursement from an Eligible Individual's education award for any period of enrollment may not exceed the difference between:

(a)

The Eligible Individual's educational expenses, determined by the institution; and

(b)

The Eligible Individual's estimated financial assistance for that period under part A of Title IV of the Higher Education Act.

Notes, amendments, and revision history

Authority: 42 U.S.C. 12601-12606

Source: 88 FR 44727, July 13, 2023, unless otherwise noted.