Between exiting AmeriCorps at the end of your first year in Teach For America (approximately June 30th) and enrolling again in AmeriCorps for the second year of your commitment (approximately September 10th), your loans may come out of forbearance, as you won't officially be an AmeriCorps member during this "forbearance gap."
Exiting your first year: at some point in late May or June you will complete AmeriCorps exit paperwork for your first year of service. Your actual "exit date" from AmeriCorps will most likely be around June 30, 2021.
Enrolling in your second year: you will re-enroll in AmeriCorps for your second year of service at some point in September 2021.
Will my loans come out of forbearance?
We don't know. Some loan providers will notice and may take you out of forbearance and others may not. We have no control over this.
Who do I talk to about my loans and if they will come out of forbearance?
Your loan provider and AmeriCorps (1-800-942-2677)
When exactly will I be re-enrolled in AmeriCorps for my second year of service?
We cannot provide an exact date at this point. For our current corps members (2018s and 2019s) the enrollment date was September 10th. The date is determined by the national TFA AmeriCorps Partnerships Team in coordination with AmeriCorps.
What steps can I take?
Let your loan provider know that you are still a Teach For America corps member and that by mid-September 2021 at the latest you will be re-enrolled in AmeriCorps. Many loan providers are receptive to this and will keep your loans in forbearance. If your loan provider asks for proof of your upcoming re-enrollment in AmeriCorps ask Joshua for a "TFA Phoenix Loan Forbearance Letter."