The Teacher Education Assistance for College and Higher Education (TEACH) Grant is available to students in an eligible bachelor's or master's degree program who intend to teach in a public or private elementary or secondary school serving students from low-income families.
The grant will convert into a Federal Direct Unsubsidized Stafford Loan if you do not complete the four years of qualified teaching service within the eight years following graduation or failure to meet any other TEACH Grant requirements. You must repay these loans in full, with interest charged from the date of each TEACH Grant disbursement. You will be repaying more than you received.
For the purpose of the TEACH Grant program, the definition of a low-income school is a public or private elementary or secondary school that is listed in the annual directory of Designated Low-Income Schools for Teacher Cancellation Benefits.
The amount of your TEACH grant will depend on your enrollment status.
Eligible full-time students may receive $4,000 per year in TEACH Grant funds:
Per semester award (will be reduced by sequestration)