Amount.
Amount. The portion of accrued interest that AmeriCorps will pay is determined by the length of service. The percentage of accrued interest that AmeriCorps will pay is the lesser of
(1) The product of—
(i) The number of completed service hours divided by the number of days for which forbearance was granted; and
(ii) 365 divided by 17; and
(2) One hundred (100).