Caution! This grant may be converted by the U. S. Department of Education to an unsubsidized Stafford loan with interest accruing to you from the date of receipt of any grant funds if you fail to fulfill ALL requirements for this grant within the time period allowed. Pease read all documents associated with this grant with care to be certain you wish to assume the associated responsibilities. You may learn more about the grant on the U. S. Department of Education website at www.teachgrant.ed.gov.
In order to encourage students to enter the teaching profession within certain specific shortage areas, the federal government created the TEACH Grant. You may read more about the teacher shortage areas by state and the currently approved low-income schools at www.teachgrant.ed.gov. You must teach full time a total four years out of the first eight years you are teaching in a high need field as defined by the U. S. Department of Education in a school with a majority of low income families in order for your grant to remain a grant and not convert into a loan. You must complete the full four years required or the entire grant funding received converts to a loan at 6.8 percent interest. There is no proration for teaching less than four years.
Emory & Henry College has been approved by the U. S. Department of Education to participate in the TEACH Grant program. After careful consideration all of the details of this program, if you desire to participate in the TEACH Grant program, you should notify the CSA Office. Once we establish institutional eligibility, we will award you the TEACH Grant at up to $4000 per year based on full-time enrollment. Part time enrollment will be eligible to receive a prorated award. There is a lifetime limit of $16,000. Once your eligibility is confirmed, our office will provide the necessary information to the U. S. Department of Education and will notify you when your Agreement to Serve is ready for you to complete. You must complete the Agreement to Serve with the federal government (www.teach-ats.ed.gov) with your PIN confirming that you promise to repay this grant as a loan with 6.8% interest accruing from the date funds were received by you if you fail to complete all requirements.
In addition to the federal requirements, to be eligible for a TEACH Grant you must: