Good Monday everyone! I hope you all had an amazing weekend!

I got this from FAFSA’s official website and I think this will be a very
useful GRANT for a lot of students.

TEACH GRANT PROGRAM

NOTE: For the TEACH Grant Fact Sheet, click here.

Through the College Cost Reduction and Access Act of 2007, Congress created
the Teacher Education Assistance for College and Higher Education (TEACH) Grant
Program that provides grants of up to $4,000 per year to students who intend to
teach in a public or private elementary or secondary school that serves students
from low-income families. If, after reading all of the information on this fact
sheet, you are interested in learning more about the TEACH Grant Program, you
should contact the financial aid office at the college where you will be
enrolled starting with the 2008-2009 school year.

Effective Dates

The first TEACH Grants will be awarded to eligible students for the

2008-2009 school year.

Conditions

In exchange for receiving a TEACH Grant, you must agree to serve as a

full-time teacher in a high-need field in a public or private elementary or
secondary school that serves low-income students (see below for more information
on high-need fields and schools serving low-income students). As a recipient of
a TEACH Grant, you must teach for at least four academic years within eight
calendar years of completing the program of study for which you received a TEACH
Grant. IMPORTANT: If you fail to complete this service obligation, all amounts
of TEACH Grants that you received will be converted to a Federal Direct
Unsubsidized Stafford Loan. You must then repay this loan to the U.S. Department
of Education. You will be charged interest from the date the grant(s) was
disbursed. Note: TEACH Grant recipients will be given a 6-month grace period
prior to entering repayment if a TEACH Grant is converted to a Direct
Unsubsidized Loan.

Student Eligibility Requirements

To receive a TEACH Grant you must meet the following criteria:

• Complete the Free Application for Federal Student Aid (FAFSA), although
  you do not have to demonstrate financial need.
  
• Be a U.S. citizen or eligible non-citizen.
  
• Be enrolled as an undergraduate, post-baccalaureate, or graduate student
  in a postsecondary educational institution that has chosen to participate in
  the TEACH Grant Program.
  
• Be enrolled in course work that is necessary to begin a career in teaching
  or plan to complete such course work. Such course work may include subject
  area courses (e.g., math courses for a student who intends to be a math
  teacher).
  
• Meet certain academic achievement requirements (generally, scoring above
  the 75th percentile on a college admissions test or maintaining a cumulative
  GPA of at least 3.25).
  
• Sign a TEACH Grant Agreement to Serve (see below for more information on
  the TEACH Grant Agreement to Serve).

High-Need Field

High-need fields are the specific areas identified below –

• Bilingual Education and English Language Acquisition.
  
• Foreign Language.
  
• Mathematics.
  
• Reading Specialist.
  
• Science.
  
• Special Education.
  
• Other identified teacher shortage areas as of the time you begin teaching
  in that field. These are teacher subject shortage areas (not geographic areas)
  that are listed in the Department of Education’s Annual Teacher Shortage Area
  Nationwide Listing. To access the listing, please go to http://www.ed.gov/about/offices/list/ope/pol/tsa.doc.
  

Schools Serving Low-Income Students

Schools serving low-income students include any elementary or secondary
school that is listed in the Department of Education’s Annual Directory of
Designated Low-Income Schools for Teacher Cancellation Benefits. To access the
Directory, please go to https://www.tcli.ed.gov/CBSWebApp/tcli/TCLIPubSchoolSearch.jsp.

TEACH Grant Agreement to Serve

Each year you receive a TEACH Grant, you must sign a TEACH Grant Agreement to
Serve that will be available electronically on a Department of Education Web
site. The TEACH Grant Agreement to Serve specifies the conditions under which
the grant will be awarded, the teaching service requirements, and includes an
acknowledgment by you that you understand that if you do not meet the teaching
service requirements you must repay the grant as a Federal Direct Unsubsidized
Loan, with interest accrued from the date the grant funds were disbursed.
Specifically, the TEACH Grant Agreement to Serve will require the following:

• For each TEACH Grant-eligible program for which you received TEACH Grant
  funds, you must serve as a full-time teacher for a total of at least four
  academic years within eight calendar years after you completed or withdrew
  from the academic program for which you received the TEACH Grant.
  
• You must perform the teaching service as a highly-qualified teacher at a
  low-income school. The term highly-qualified teacher is defined in section
  9101(23) of the Elementary and Secondary Education Act of 1965 or in section
  602(10) of the Individuals With Disabilities Education Act.
  
• Your teaching service must be in a high-need field.
  
• You must comply with any other requirements that the Department of
  Education determines to be necessary.
  
• If you do not complete the required teaching service obligation, TEACH
  Grant funds you received will be converted to a Federal Direct Unsubsidized
  Stafford Loan that you must repay, with interest charged from the date of each
  TEACH Grant disbursement.

IMPORTANT REMINDER

If you receive a TEACH Grant but do not complete the required teaching
service, as explained above, you will be required to repay the grants as a
Federal Direct Unsubsidized Stafford Loan, with interest charged from the date
of each TEACH Grant disbursement.

Next Steps

If you are interested in learning more about the TEACH Grant Program, you
should contact the financial aid office at the college where you will be
enrolled to find out if they will participate in the TEACH Grant Program. For a
listing of the 2008-2009 school year TEACH Grant eligible institutions, click here.

Disclaimer

This page provides a preliminary summary of the TEACH Grant Program based on
the College Cost Reduction and Access Act of 2007. The information on this page
is subject to change and is not binding on the Department of Education.

 

 

For more detailed information on this Grant and many
others visit my website and sign-up for a FREE workshop

www.CollegePlanningExperts.com

-Brian Safdari