Sec. 5. Authorized Benefits for Corps Members
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The Director shall provide for members of the Corps to receive allowances, health insurance, and post-service educational awards authorized by this section. The Director shall provide each Corps member with such living, travel, and leave allowances, and such housing transportation, supplies, equipment, and subsistence as the Director may determine to be necessary for the member’s maintenance and to ensure the member’s health and capacity to serve effectively. The Director shall provide for each Corps member to receive health insurance coverage. The health insurance coverage described paragraph
(1)shall meet the requirements of section 5000A(f) of the Internal Revenue Code of 1986. The Director shall establish an educational award for Corps members. In the case of a Corps member who completes a 12-month term of full-time service as determined by the Director, such member shall receive an educational award having a value equal to the maximum amount of a Federal Pell Grant under section 401 of the Higher Education Act of 1965 ( 20 U.S.C. 1070a ) that a student eligible for such grant may receive in the aggregate (without regard to whether the funds are provided through discretionary or mandatory appropriations) for the award year. A Corps member may receive up to 2 such awards. In the case of a Corps member who completes less than a 12-month term of full-time service as determined by the Director, such member may receive a portion of the educational award described in subparagraph
(A)that corresponds to the quantity of service actually completed by the member. An educational award shall be used to pay— costs of attendance at an institution of higher education; or government or commercial loans received by an individual for costs of attendance at an institution of higher education. For purposes of this subsection, the following definitions shall apply: The term cost of attendance has the meaning given such term by section 472 of the Higher Education Act of 1965 (20 U.S.C. 1087ll). The term institution of higher education has the meaning given such term by section 101(a) of the Higher Education Act of 1965 (20 U.S.C. 1001(a)). The Director shall issue any regulations that the Director determines to be necessary to carry out this section.
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