Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000 per year to students who are completing or plan to complete course work needed to begin a career in teaching.
As a condition for receiving a TEACH Grant:
You must complete the 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.
You must also sign a TEACH Grant Agreement to Serve in which you agree to (among other requirements) teach
- in a high-need field;
- at an elementary school, secondary school, or educational service agency that serves students from low-income families; and
- for at least four complete academic years within eight years after completing (or ceasing enrollment in) the course of study for which you received the grant.
Visit the TEACH grant site for more information.