"TEACH Grants" submitted by SchoolGrantsfor Editorial Team and last updated on Monday 25th July 2011
If you receive a TEACH Grant but do not complete the required four years of teaching service within eight years after completing the coursework for which you received the grant, or if you otherwise do not meet the requirements of the TEACH Grant Program, all TEACH Grant funds that you received will be converted to a Federal Direct Unsubsidized Stafford/ William D. Ford Loan (Direct Unsubsidized Loan). This must be repaid in full, with interest that has been accruing since the time you received the funds, to the Department. Once a TEACH Grant is converted to a loan, it cannot be converted back to a grant.
|Federal Teacher Education Assistance for College and Higher Education (TEACH) Grants||Provides $4,000 for each academic year, up to a total of $16,000, for tuition if you qualify and teach a high-need subject at a high-need school. Must be agree to serve as a full-time, highly qualified teacher for four years within eight years of completing the course of study and are enrolled in an eligible institution and maintain a 3.25 GPA. Also see: TEACH Grant For Graduate/Professional and Undergraduate Students|
|Federal Perkins Loan, Federal Work-Study, Stafford Loan||If you’re enrolled at least half-time in a program to obtain a professional credential or certification required by a state for employment as an elementary or secondary school teacher, you can get a Federal Perkins Loan, Federal Work-Study, a Stafford Loan, or your parents can get a PLUS Loan, while you’re enrolled in that program.|
|Federal Loan Forgiveness for Teachers||Forgives up to $5,000 in federal Stafford loan debt in return for five years of paid teaching service at a low-income school. Up to $17,500 for highly qualified math, science or special education teachers.|
|Federal Perkins Loan Forgiveness||Perkins Loans can be cancelled after graduation if borrowers engage in specified public service activities, such as teaching in a Head Start program or low-income school, full-time law enforcement work, or nursing. Forgives part or all of a federal Perkins loan if you teach at a designated low-income public school, in a designated subject, or to children with disabilities|
|Federal Pell Grants||May be used to attend a teacher credential program at a college that doesn’t offer a bachelor’s degree in education, even if you already have a bachelor’s degree. See your college financial aid office. In some limited cases, however, you might receive a Pell Grant if you’re enrolled in a post-baccalaureate teacher certificate program.|
|Teach for America||Offers forbearance and interest payment benefits on qualified student loans, plus up to $4,725 a year to repay loans, if you teach for two years at a disadvantaged school. Go to www.teachforamerica.org for details.|
American Federation of Teachers (AFT)
American Federation of Teachers (AFT) is to support our members in performing the vital work of improving our public schools and educating our nation’s children. To that end, we have created Tools for Teachers, an online clearinghouse of materials and strategies to help educators improve student perfor- mance and school atmosphere. AFT recognizes that healthy, productive, professional relationships are an important key to a successful classroom. These two areas of the Tools for Teachers Web site provide great strategies to help you create collaborative relationships that enhance student learning.