§ 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?

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.