Federal Pell Grant
The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain postbaccalaureate students to promote access to postsecondary education. Grant amounts are dependent on: the student’s expected family contribution (EFC); the cost of attendance; the student’s enrollment status (full-time or part-time); and whether the student attends for a full academic year or less. This grant is subject to all Title IV regulations regarding proration based on the level of enrollment, outcomes of verification, if required, and used only for educational purposes. Repayment of this grant to the U. S. Department of Education may be required if an overpayment or over-award occurs based on the receipt of other assistance or loans or withdrawal from Emory & Henry College.
Federal Supplemental Educational Opportunity Grant
The FSEOG is for undergraduates with exceptional financial need; i.e., students with the lowest expected family contribution (EFC)—with priority to Pell-Grant recipients. Due to limited funding, there is no guarantee every eligible student will be able to receive an FSEOG. A student may be able to receive from up to $1,000 a year, depending on when they apply, their level of need, and available funding from the federal government to Emory & Henry College. Students must be enrolled full-time to receive this grant.
In order to encourage students to enter the teaching profession within certain specific shortage areas, the federal government created the TEACH Grant. Information about the teacher shortage areas by state and the currently approved low-income schools can be found at https://studentaid.gov/understand-aid/types/grants/teach . A total of four years out of the first eight years must be spent teaching in a high need area where the major population is low income families. Failure to complete this requirement will cause the grant to convert into a 6.8 percent interest rate loan. There is no proration for teaching less than four years. Once institutional eligibility has been established, the TEACH Grant will be awarded up to $4,000 per year based on full-time enrollment. Students with part-time enrollment will be eligible to receive a prorated award. There is a lifetime limit of $16,000 for undergraduate study and $8,000 for graduate study. Once eligibility is confirmed, our office will provide the necessary information to the U. S. Department of Education and the student will be notified to complete an Agreement to Serve. The student must complete this agreement with the federal government (Agreement to Serve), using their FSA ID to confirm their promise to repay this grant as a loan with 6.8% interest accruing from the date funds were received if they do not complete all the requirements. The TEACH Grant is not considered Need Based aid.
Federal Requirements to be elgible for the TEACH Grant:
- Meet the basic eligibility criteria for the federal student aid programs.
- Complete the Free Application for Federal Student Aid (FAFSA®) form.
- Be enrolled as an undergraduate, postbaccalaureate, or graduate student at a school that participates in the TEACH Grant Program.
- Be enrolled in a TEACH-Grant-eligible program.
- Meet certain academic achievement requirements (generally, scoring above the 75th percentile on one or more portions of a college admissions test or maintaining a cumulative GPA of at least 3.25). For specific information about the academic requirements, talk to the financial aid office at your college or career school.
- Receive TEACH Grant counseling that explains the terms and conditions of the TEACH Grant service obligation. You must complete counseling each year that you receive a TEACH Grant.
- Sign a TEACH Grant Agreement to Serve.
In addition to federal requirements, the student must:
- Be enrolled in one of the following programs and plan to enter the teaching profession:
- Any graduate level program, including 5-year M.Ed. program
- Post baccalaureate coursework leading to teacher licensure
- Undergraduate program only if declared an education track major
- Complete the annual Counseling and Agreement to Serve form with the U. S. Department of Education confirming the responsibilities associated with this grant program, including required payback if these responsibilities are not met. For initial and subsequent award years, the student will be notified by the CSA office when their information has been uploaded to the Department’s site. At that time, online documents must be completed using their FSA ID before funds can be disbursed to their student account.
- Complete exit counseling regarding the TEACH Grant when leaving enrollment at Emory & Henry College.