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What are TEACH grants?

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Are you thinking about becoming a teacher but worried your future salary won’t allow you to pay your student loans? Check out the federal Teacher Education Assistance for College and Higher Education (TEACH) grant program, designed to help offset college costs for aspiring educators.

TEACH grants provide up to $4,000 per year while you attend college to earn your teaching credential. After you graduate, you must teach full-time in a “high-demand” field at a qualifying low-income school for at least four years. If you don’t complete your teaching job within eight years of graduating, the grant turns into a loan that you have to pay back with interest.

  • Science, including computer science.

  • Acquiring English.

TEACH grants are renewable for multiple years. In total, students can receive TEACH grants of up to $16,000 for undergraduate studies and up to $8,000 for eligible master’s studies.

Processing of TEACH grant applications will be suspended starting May 1 as the Department of Education takes over administration of the program through fall 2024. student loan service company MOHELA;

Keep reading for all the details you need to know about the TEACH grant, including what to expect from the processing pause.

TEACH Grant Eligibility Requirements

There are some basic eligibility requirements for TEACH Grants. To be eligible for these grants, you must:

  • Be a U.S. citizen or eligible foreign national.

  • Complete an eligible education-related degree at a school that participates in the TEACH Grant program. Check with your college’s scholarship office to find out if they participate.

  • Meet academic requirements. Generally, you’ll need to score at least 75% on a college entrance exam, such as the SAT or ACT, and maintain a college GPA of at least 3.25. Check with your college’s scholarship office for specific requirements.

How to apply for a TEACH grant

At the beginning of each year during your undergraduate studies, you must complete the following steps to apply for a TEACH grant:

  • Complete TEACH grant counseling StudentAid.govThe consultation will provide you with information about grant programs and work requirements. The consultation will take approximately 20-30 minutes and should be completed in one session.

  • Sign the contract Performance or repayment of TEACH grant agreementsThis document obligates you to repay your grant money if you don’t meet the work requirement. You can sign it online at StudentAid.gov.

  • Complete the University’s TEACH Grant application and submit it to the Scholarships Office.

What happens after graduation with TEACH Grants?

If you are nearing graduation (or plan to leave your program or school), complete TEACH Grant Exit Counseling on StudentAid.gov.

You must find a full-time teaching position at an eligible low-income school and complete your four-year work obligation within an eight-year period. The eight-year countdown begins on the date you graduate or drop out of the school that received the TEACH grant. For transfer students who receive TEACH grants from two schools, the period begins on the date you drop out of the college you are transferring to.

Your teaching duties may be suspended for up to three years in certain circumstances, including:

  • Obtain another degree or certificate program that is eligible for a TEACH grant.

  • Get leave covered by the Family and Medical Leave Act.

  • You or your spouse are called to active military service or deployment.

  • A major disaster will occur where you live or work.

This obligation may be permanently relieved in the event of disability, death, or extended active military service.

TEACH grants may be converted into loans if you don’t meet work requirements

If you do not meet the education requirements, your TEACH grant will be Direct Unsubsidized Student LoansInterest is added to the loan retroactively from the time the grant was first disbursed and continues to accrue until the loan is repaid. Federal Student Loan Servicersmanage your monthly bills.

your Student Loan Interest Rates It depends on the year you received your TEACH grant. For example, if you received an undergraduate TEACH grant in the 2018-19 academic year, it will be converted into a loan with a 5.05% interest rate because that was the rate at the time for undergraduate federal student loans. If you received your grant over multiple years, your corresponding interest rates may be different.

TEACH grant processing suspended until fall 2024

Processing of TEACH grant applications will be suspended from May 1 through fall 2024 as the Department of Education takes over administration of the program from student loan servicing company MOHELA.

Once the suspension of transfers and processing ends, you will administer your TEACH grant funds directly with the Department of Education, not MOHELA. You can submit TEACH forms, track the processing of your form, and get support through StudentAid.gov and the Department of Education’s Customer Service Center.

If you need to submit a TEACH Grant application during a break from school in the current or next academic year, you must mail it to:

  • TEACH Grants Program, PO Box 300010, Greenville, TX 75403.

Forms mailed in will not be processed until the suspension ends in the fall. If you mail in a form, do not resubmit it when the suspension ends, as doing so may result in further delays.

Alternatively, the Department of Education says people can wait until the fall and submit the form online at StudentAid.gov.

Other university scholarships for teachers

TEACH grants and student loans aren’t the only financial aid options for aspiring teachers. Here are some other grants that can help fund your undergraduate or graduate degree:

  • Pell Grant Up to $7,395 per year. Offered to students with demonstrated financial need. No service requirements.

  • State and institutional scholarships for future educators.

You must submit the FAFSA to be eligible for federal, state, and institutional aid. Some private scholarships also require the FAFSA.

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