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. You must teach for at least four academic years within eight calendar years of completing the program of study for which your received a TEACH Grant. If you fail to complete this service obligation, all TEACH Grant funds that you received will be converted to a Federal Direct Unsubsidized Stafford Loan; you must then repay the total amount to the U.S. Department of Education and will be charged retroactive interest at a rate of 6.21% from the date the grant was disbursed. We encourage only those students who believe they can fulfill this service obligation to accept this fund.
Indiana Wesleyan University
Financial Aid Office 1900 W. 50th St. Marion, IN 46953 800-621-8667, ext. 2516 765-677-2516 Fax: email@example.com
Financial Aid Estimator
Free Application for Federal Student Aid