If you are an AmeriCorps national and community service program, you calculate your AmeriCorps cost per MSY by dividing AmeriCorps' share of budgeted grant costs by the number of member service years you are awarded in your grant. You do not include child-care or the cost of the education award a member may earn through serving with your program.
[70 FR 39603, July 8, 2005]
source: 59 FR 13796, Mar. 23, 1994, unless otherwise noted.
cite as: 45 CFR 2522.485