Federal TEACH Grant
| Type of aid: | Federal grant contingent upon Agreement to Serve |
|---|---|
| Award amounts: | Up to $3,774 per award year |
| Filing deadline: | Open |
| Application process: | Must complete the FAFSA and all associated paperwork, and the necessary TEACH documentation |
| Eligibility requirements: | Must meet all criteria to be eligible for federal student aid |
| Renewal requirements: | The FAFSA, TEACH Grant Counseling session, and TEACH Grant Agreement to Serve must be completed annually |
| EFC eligibility range: | Open |
| Enrollment requirements: | Must be enrolled in a Master of Education program |
| Special rules: |
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 5.31% (6.00% after 6/30/17) from the date the grant was disbursed. We encourage only those students who believe they can fulfill this service obligation to accept this fund. High-Need Fields:
|
| Costs this aid can cover: | Any education related expense |
Contact Info
Indiana Wesleyan University
Financial Aid Office
1900 W. 50th St.
Marion, IN 46953
800-621-8667, ext. 2516
765-677-2516
Fax: 765-677-2030
NonResAid@indwes.edu
FAFSA Code: 001822
Free Application for Federal Student Aid