The student must teach full-time for at least four years within eight years of completing the program as a highly qualified teacher, at a Title I school, in a specified subject area:
If this service is NOT fulfilled, the grant must be repaid as an Unsubsidized Direct Stafford Loan, with interest from the date(s) of original disbursement.
For example, a $4,000 TEACH Grant/Loan will accrue about $2,000 in interest by the time it could convert to a loan 6 years from now. Consider carefully if the TEACH Grant/Loan is the right choice for you.
Students must sign an Agreement-to-Serve to certify that they understand the terms of the grant and the terms of their teaching service requirements.
Students must also complete Entrance Counseling, Subsequent Counseling for each year that the TEACH Grant/Loan is accepted, and Exit Counseling when no longer receiving the TEACH Grant/Loan.