Students who plan to teach may wish to consider the TEACH Grant, a federal program that began in 2008-2009. Eastern Michigan University participates in the TEACH Grant program.
Students who may be interested in receiving a TEACH Grant should:
- Must be admitted to the College of Education
- Be a U.S. citizen or eligible non-citizen
- Complete a FAFSA, although you do not have to demonstrate financial need
- Have a cumulative GPA of at least 3.25 throughout your academic program, or demonstrate a score above the 75th percentile on a national standardized college admissions test
- Be accepted into an eligible degree program. You may:
- Major in education and pursue a certification in a high need subject area, or:
- Major in a high need subject area with the intent of also completing teacher certification
- Federal Financial Aid regulations restrict the TEACH Grant program to undergraduate students pursuing their first Bachelors degree or graduate students in a Masters program. EMU students enrolled in the Post Bachelor Teacher Certification program or fifth year (Graduate Certification) of the teaching degree are NOT eligible to receive the TEACH Grant.
- Sign a service agreement and complete counseling each year that you receive a grant
How much will I receive?
The TEACH Grant Program provides up to $3,716 per year ($16,000 total for an undergraduate program; $8,000 total for graduate studies) in grants to full time students who plan to teach full time in high-need subject areas at schools serving students from low-income families.
Students attending less than full time will have the grant reduced (three-quarter time students may receive up to $1393/year; half-time students may receive up to $929/year).
If you receive any award amount ($16,000 or $1,000) you will have the same teaching obligation of 4 years within 8 years after graduation.
What do I need to do to keep my award?
Grant recipients agree to teach for at least four full years within eight years of finishing their teacher preparation program, and to teach high-need subjects in designated schools that serve low-income students.For students who receive the TEACH Grant and do not fulfill the stringent requirements of the program, the amount awarded in grant money becomes a loan with interest (at the same rate as the federal Stafford Loan) compounded from the time of the original disbursement date. This means that if you do not complete the teaching obligation, your grants will convert to an unsubsidized loan, which you must repay with interest accruing back to the original date of disbursement.
Each year you receive a TEACH Grant, you must sign a TEACH Grant Agreement to Serve and Promise to Pay (service agreement) which will be available electronically on the U.S. Department of Education web site. When you sign the service agreement, you are agreeing to repay the grant as a Federal Direct Unsubsidized Loan, with interest accrued from the date that the grant funds were disbursed, if you do not complete the teaching obligation. Once the grant has been converted to a loan, it cannot be converted back to a grant.
You will be required to complete counseling through the financial aid office each year that you accept a TEACH Grant. You will also be required to attend Exit Counseling when you graduate or leave school.
High-Need Subject Areas
- Bilingual education and English language acquisition
- Foreign language
- Special Education
- Other identified teacher shortage areas
- Other identified teacher shortage areas (listed by state)
You will need to confirm within 120 days of completing or ceasing to enroll in your teacher preparation program that you are fulfilling (or plan to fulfill) the terms and conditions of your service agreement. You must document your teaching service, and your documentation must be certified by the chief administrative officer at the school where you teach. If you do not notify or forget to notify the Department of Education, your grant will immediately turn into an unsubsidized loan with accrued interest back to the original date of disbursement.
According to some estimates, only 20% of the students who participate in the TEACH Grant Program will ultimately keep the funds as grants, while the rest will see the funds converted into loans with accumulated interest.