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Are you a teacher looking to further your education?
A Teacher Education Assistance for College and Higher Education (TEACH) Grant is different from other federal student grants for college because it requires you to take certain kinds of classes in order to get the grant to go back to schools for new learnings and get a teacher licensure or a principal licensure, and then do a certain kind of job to keep the grant from turning into a loan.
What is a TEACH Grant?
The TEACH Grant Program provides grants of up to $4,000 a year to students who are completing or plan to complete course work needed to begin a career in teaching.As a condition for receiving a TEACH Grant, you must sign a TEACH Grant Application to Serve in which you agree to (among other requirements) teach
in a high-need field
at an elementary school, secondary school, or educational service agency that serves students from low-income families
for at least four complete academic years within eight years after completing (or ceasing enrollment in) the course of study for which you received the grant.
IMPORTANT: If you do not complete your service obligation, all TEACH Grant funds you received will be converted to a Direct Unsubsidized Loan. You must then repay this loan to the U.S. Department of Education, with interest charged from the date the TEACH Grant was disbursed (paid to you or on your behalf).
Who can get a TEACH Grant?
To receive a TEACH Grant, you must:
Meet the basic eligibility criteria for the federal student aid programs.
Complete the Free Application for Federal Student Aid (FAFSASM).
Be enrolled as an undergraduate, graduate, post graduate student going for the Masters of Technology degree, at a school that participates in the TEACH Grant Program.
Be enrolled in a TEACH-Grant-eligible program.
Meet certain academic achievement requirements (generally, scoring above the 75th percentile on one or more portions of a college admissions test or maintaining a cumulative GPA of at least 3.25). For specific information about the academic requirements, talk to the financial aid office at your college or career school.
Receive TEACH Grant counseling that explains the terms and conditions of the TEACH Grant service obligation. You must complete counseling each year that you receive a TEACH Grant.