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TEACH GRANT OVERVIEW. Teach Grant is: Non-Need Based – Must file FAFSA (www.fafsa.ed.gov/ (www.fafsa.ed.gov/) Up to $4,000.00 per Year for FT Attendance(for.

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Presentation on theme: "TEACH GRANT OVERVIEW. Teach Grant is: Non-Need Based – Must file FAFSA (www.fafsa.ed.gov/ (www.fafsa.ed.gov/) Up to $4,000.00 per Year for FT Attendance(for."— Presentation transcript:

1 TEACH GRANT OVERVIEW

2 Teach Grant is: Non-Need Based – Must file FAFSA (www.fafsa.ed.gov/ (www.fafsa.ed.gov/) Up to $4,000.00 per Year for FT Attendance(for 5 th year Credential Students) Lifetime award is $16,000 2 Teach Grant Program Summary

3 Student Eligibility Highly Qualified Teacher Low Income School Cumulative GPA of 3.25 or Score in the 75 th Percentile on 1 Battery of Nationally Normed test Teach for 4 years in a High Need Field Mathematics, Science, Foreign Language, Bilingual Education & English Acquisition, 3 Teach 4 Years

4 Student Eligibility 4 Special Education, or Reading Specialist Also listed in CA: Agriculture, Business, Music Teach for 4 full years within 8 years of Program completion (This means beginning within 4 years)

5 Cancellation of Grant Student Can Request of schools up to 120 after disbursement. (Grant is returned or converted to Unsubsidized Loan Discharge of Grant occurs if: Student becomes totally/permanently disabled & applies for discharge Recipient Dies 5

6 6 Suspension of Grant Student can apply for no more than a 3 year suspension when: A condition covered under the Family Medical Leave Act arises Call or order to active military duty for more than 30 days Suspension must be requested prior to conversion to Direct Loan

7 Conversion To Loan Teach Grant can convert to Unsubsidized Direct Loan Conversion is permanent and Irrevocable Loan Interest is Capitalized from 1 st disbursement Conversions Occurs When: Recipient does not annually confirm intent to go satisfy Teaching Service Agreement 7

8 Conversion To Loan Within 120 days of ceasing enrollment, the recipient fails to notify ED she is employed or intends to pursue qualified FT employment Recipient fails to maintain qualified employment Recipient fails to begin qualified employment in time to complete teaching obligation 8

9 Conversion To Loan Within one year of ceasing enrollment if the recipient has not been determined eligible for a suspension, has not re- enrolled in a Teach Grant eligible program, or has not begun teaching service in accordance with the Agreement to Serve 9

10 What’s Next If you Think Teach Grant is Right 4 You Sign-up for Teach Grant Counseling Accept your Teach Grant Offer Sign the Agreement to Serve & Complete Teach Counseling : https://teach- ats.ed.gov/ats/index.actionhttps://teach- ats.ed.gov/ats/index.action Low-Income School Directory: http://www.tcli.ed.gov/CBSWebApp/tcli/TC LIPubSchoolSearch.jsp http://www.tcli.ed.gov/CBSWebApp/tcli/TC LIPubSchoolSearch.jsp 10

11 What’s Next Highly qualified teacher criteria at http://www.ed.gov/teachers/nclbguide/impr ove-quality.html http://www.ed.gov/teachers/nclbguide/impr ove-quality.html Department of Education Nationwide Listing of Teacher Shortage Areas: http://www.ed.gov/about/offices/list/ope/pol /tsa.pdf http://www.ed.gov/about/offices/list/ope/pol /tsa.pdf 11

12 Teach Grant Your Question ???? 12

13 Contact Information Office of Financial Aid finaid@csueastbay.edu (510)885-2784 – Option 2 FAFSA: www.fafsa.ed.gov/ 13


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