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TEACH Grant

TEACH Grant

Students who are pursuing teacher certificaiton may wish to consider the federal TEACH Grant program. At Davenport, students must be enrolled in the Graduate Certificate in Urban Education to be considered for the TEACH Grant.

Be aware that if you receive the TEACH Grant but 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 award.  According to some estimates, only 20% of 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.

Amount of grant

Anyone applying for the TEACH Grant after October 1st, 2018 may be eligible for up to $3,752 per year 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 prorated based on their enrollment.

Award limits

  • Annual maximum award = $3,752 for the 18/19 academic year, including all three semesters of fall 2018, winter 2019, and spring/sumer 2019.
  • Per Semester amounts are Full-time = $1,876 or 1/2-time $938.  (The sum of the amounts disbursed in various semesters will not exceed the annual maximum.)
  • The lifetime maximum amount a student may receive is $8,000 total for graduate studies.

Teaching obligation

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.  If you do not complete the teaching obligation, your grants will convert to an unsubsidized loan, which you must repay with interest.

Service agreement:

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 website.  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.

Counseling

You will be required to complete counseling through the U.S. Department of Education website each year that you accept a TEACH Grant.  You will also be required to complete Exit Counseling when you graduate or leave school.

High-need subject areas

Eligibility

At Davenport University, you must:

  1. Be a U.S. citizen or eligible non-citizen
  2. Complete a FAFSA, although you do not have to demonstrate financial need to be eligible
  3. Have a cumulative GPA of at least 3.25 throughout your academic program.
  4. Be accepted into (and enrolled in) the Graduate Certificate in Urban Education.
  5. Be currently or previously employed as an elementary or secondary school teacher
  6. Sign an Agreement to Serve and complete counseling each year that you receive a grant.
  7. Complete Entrance Counseling.

Documentation

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.

How to apply

  1. Submit your FAFSA as soon as possible.
  2. Complete the Initial and Subsequent Counseling and Sign the Agreement to Serve.