Difference between pages "List of resources for Mongolia" and "Financial Benefits and Loan Deferment"

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(New page: Following is a list of websites for additional information about the Peace Corps and Mongolia, or to connect you to returned Volunteers and other invitees. Please keep in mind that althoug...)
 
(New page: During service, Peace Corps Volunteers receive vacation time, pay and living expenses, deferment of student loans, and transportation to and from the country of service. ==Vacation Time=...)
 
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Following is a list of websites for additional information about the Peace Corps and Mongolia, or to connect you to returned Volunteers and other invitees. Please keep in mind that although we try to make sure all these links are active and current, we cannot guarantee it.  
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During service, Peace Corps Volunteers receive vacation time, pay and living expenses, deferment of student loans, and transportation to and from the country of service.  
  
A note of caution: As you surf these sites, be aware that you will find bulletin boards and chat rooms in which people are free to give opinions and advice based on their own experiences. The opinions expressed are not those of the Peace Corps or the U.S. government. You may find opinions of people who were unhappy with their choice to serve in the Peace Corps. As you read these comments, we hope you will keep in mind that the Peace Corps is not for everyone, and no two people experience their service in the same way.
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==Vacation Time==
  
==General Information ==
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Volunteers receive two vacation days per month of service, a total of 48 days over two years. Many use this time to travel to nearby countries, expanding their opportunities for adventure and cross-cultural experiences. Some invite family or friends to visit so they can share their experience of the host country with loved ones. And of course, Volunteers can use this time for a visit home (at their own expense).
  
http://www.countrywatch.com <br>
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==Pay and Living Expenses==
On this site, you can learn anything from what time it is in Ulaanbaatar to information about converting currency from the dollar to the tugrik. Just click on Mongolia and go from there.
 
  
http://www.lonelyplanet.com/destinations  <br>
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The Peace Corps provides Volunteers with a living allowance that enables them to live in a manner similar to the local people in their community. Returning from overseas requires some adjustment, so when you complete your service, the Peace Corps provides just over $6,000 toward your transition to life back home. This money is yours to use as you wish: for travel, a vacation, making a move, or securing housing.  
Visit this site to learn all you need to know about any country in the world.  
 
  
http://www.state.gov  <br>
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==Deferment of Student Loans==
The U.S. State Department’s website issues background notes periodically about countries around the world. Find Mongolia and learn more about its social and political history.
 
  
http://www.psr.keele.ac.uk/official.htm  <br>
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Volunteers may defer repayment of student loans under several federal programs, i.e., Stafford (formerly known as guaranteed student loans), Perkins, direct and consolidation loans. Some commercial loans may also be deferred during Peace Corps service. Because the rules that authorize deferment are complicated and subject to change, it is best to talk to a Peace Corps recruiter about how this benefit applies to your situation.
This site includes links to all the official sites for governments of countries around the world.  
 
  
http://www.geography.about.com/library/maps/blindex.htm  <br>
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==Cancellation of Student Loans==
This online world atlas includes maps and geographical information about countries around the world. Each country page contains links to other sites, such as the Library of Congress, that contain comprehensive historical, social, and political background.
 
  
http://www.cyberschoolbus.un.org/infonation/info.asp  <br>
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Only Volunteers with Perkins loans are eligible for a partial cancellation benefit. Fifteen percent of your Perkins loans can be cancelled upon the completion of each 365 days of service during your first two years of service, and 20 percent can be cancelled upon completion of each of the third and fourth years. Therefore, four full years of service would equal a 70 percent cancellation of your existing loan.  
This United Nations site allows you to search for statistical information for member states of the U.N.
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http://www.worldinformation.com  <br>
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[[Instructions for Student Loans]]<br>
This site provides an additional source of current and historical information about countries worldwide.
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Learn how Peace Corps service affects loan deferment, interest payment, and more.   
 
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==Connect With Returned Volunteers and Other Invitees ==
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[[Student Loan Deferment / Cancellation Frequently Asked Questions]]<br>   
http://clubs.yahoo.com/clubs/peacecorps  <br>
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Find answers to your loan deferment questions.  
This Yahoo site hosts a bulletin board where prospective Volunteers and returned Volunteers can come together.  
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==External Links==
http://www.rpcv.org <br>
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[http://www.peacecorps.gov/index.cfm?shell=learn.whyvol.finben Financial Benefits and Loan Deferment] Official US Peace Corps Website
This is the site of the National Peace Corps Association, made up of returned Volunteers. On this site you can find links to all the Web pages of the “friends of” groups for most countries of service, made up of former Volunteers who served in those countries. There are also regional groups who frequently get together for social events and local Volunteer activities. Or go straight to the Friends of Mongolia site:
 
http://www.friendsofmongolia.org <br>
 
 
 
http://www.peacecorpswriters.org <br>
 
This site is hosted by a group of returned Volunteer writers. It is a monthly online publication of essays and Volunteer accounts from countries around the world.
 
 
 
==Online Articles/Current News Sites==
 
 
 
http://www.MongoliaToday.com  <br>
 
An online magazine started by two Mongolian journalists
 
 
 
http://ulaanbaatar.net/home/index.shtml  <br>
 
A website that focuses on the capital city
 
 
 
http://www.mongolmessenger.mn <br>
 
The Mongol Messenger is one of two English language newspapers in Mongolia.  
 
 
 
http://ubpost.mongolnews.mn/main/index.php <br>
 
The UB Post is the other English language paper.
 
 
 
==International Development Sites==
 
 
 
http://www.un-mongolia.mn  <br>
 
Information about the work of the United Nations in Mongolia
 
 
 
http://www.eurasianet.org/resource/mongolia/index.shtml  <br>
 
A site with links to a variety of resources
 
 
 
==Recommended Books ==
 
 
 
# Goldstein, Melvyn C., and Cynthia M. Beall. The Changing World of Mongolia’s Nomads. Berkeley: University of California Press, 1994.
 
# Kohn, Michael. Lonely Planet Mongolia. Footscray, Victoria; London: Lonely Planet Publications, 2005.
 
# Sanders, Alan J.H., and J. Bat-Ireediu. Lonely Planet Mongolian Phrasebook. Footscray, Victoria; London: Lonely Planet Publications, 1995.
 
# Sarangerel, Odigan. Riding Windhorses: A Journey Into the Heart of Mongolian Shamanism. Rochester, Vermont: Destiny Books, 2000.
 
# Severin, Tim. In Search of Genghis Khan: An Exhilarating Journey on Horseback across the Steppes of Mongolia. NY: Cooper Square Press, 2003.
 
 
 
==Books About the History of the Peace Corps ==
 
 
 
# Hoffman, Elizabeth Cobbs. All You Need is Love: The Peace Corps and the Spirit of the 1960’s. Cambridge, Mass.: Harvard University Press, 2000.
 
# Rice, Gerald T. The Bold Experiment: JFK’s Peace Corps. Notre Dame, Ind.: University of Notre Dame Press, 1985.
 
# Stossel, Scott. Sarge: The Life and Times of Sargent Shriver. Washington, D.C.: Smithsonian Institution Press, 2004.
 
 
 
==Books on the Volunteer Experience ==
 
 
 
# Dirlam, Sharon. Beyond Siberia: Two Years in a Forgotten Place. Santa Barbara, Calif.: McSeas Books, 2004.
 
# Casebolt, Marjorie DeMoss. Margarita: A Guatemalan Peace Corps Experience. Gig Harbor, Wash.: Red Apple Publishing, 2000.
 
# Erdman, Sarah. Nine Hills to Nambonkaha: Two Years in the Heart of an African Village. New York, N.Y.: Picador, 2003.
 
# Hessler, Peter. River Town: Two Years on the Yangtze. New York, N.Y.: Perennial, 2001.
 
# Kennedy, Geraldine ed. From the Center of the Earth: Stories out of the Peace Corps. Santa Monica, Calif.: Clover Park Press, 1991.
 
# Thompsen, Moritz. Living Poor: A Peace Corps Chronicle. Seattle, Wash.: University of Washington Press, 1997 (reprint).
 
 
 
[[Category:Morocco]]
 

Revision as of 08:44, 20 June 2007

During service, Peace Corps Volunteers receive vacation time, pay and living expenses, deferment of student loans, and transportation to and from the country of service.

Vacation Time

Volunteers receive two vacation days per month of service, a total of 48 days over two years. Many use this time to travel to nearby countries, expanding their opportunities for adventure and cross-cultural experiences. Some invite family or friends to visit so they can share their experience of the host country with loved ones. And of course, Volunteers can use this time for a visit home (at their own expense).

Pay and Living Expenses

The Peace Corps provides Volunteers with a living allowance that enables them to live in a manner similar to the local people in their community. Returning from overseas requires some adjustment, so when you complete your service, the Peace Corps provides just over $6,000 toward your transition to life back home. This money is yours to use as you wish: for travel, a vacation, making a move, or securing housing.

Deferment of Student Loans

Volunteers may defer repayment of student loans under several federal programs, i.e., Stafford (formerly known as guaranteed student loans), Perkins, direct and consolidation loans. Some commercial loans may also be deferred during Peace Corps service. Because the rules that authorize deferment are complicated and subject to change, it is best to talk to a Peace Corps recruiter about how this benefit applies to your situation.

Cancellation of Student Loans

Only Volunteers with Perkins loans are eligible for a partial cancellation benefit. Fifteen percent of your Perkins loans can be cancelled upon the completion of each 365 days of service during your first two years of service, and 20 percent can be cancelled upon completion of each of the third and fourth years. Therefore, four full years of service would equal a 70 percent cancellation of your existing loan.


Instructions for Student Loans
Learn how Peace Corps service affects loan deferment, interest payment, and more.


Student Loan Deferment / Cancellation Frequently Asked Questions
Find answers to your loan deferment questions.

External Links

Financial Benefits and Loan Deferment Official US Peace Corps Website