Teaching is one of the most noble professions around, with dedicated individuals spending their lives in the service of improving the lives and educations of children. For that reason, the government often tries to support the education and financing of teaching education. In fact they have a program called the Teacher Education Assistance for College and Higher Education (TEACH) program to help finance teachers as they embark on their studies. This program has many interesting elements about it.
Firstly, the Teacher Education Assistance for College and Higher Education (TEACH) Grant is specifically for teachers and must be used in pursuit of a teaching degree. The grant provides $4,000 per year to students that are accepted. In addition, you must commit to serving a low-income student population. Finally, you need to focus on subject matter that is consider high need. Students must agree to serve as a teacher for at least 4 years within an 8 year time period after they graduate.
To obtain the grant, you need to be in a school that participates in the program, complete the Free Application for Federal Student Aid (FAFSA), maintain a 3.25 GPA or score in the 75th percentile of the college entrance exam. You will have to keep the Department of Education up to date with your progress including documentation of your degree and of your teaching experience once you start.
Unfortunately, if you do not complete all of the requirements for the grant, the funds are converted into a loan that you have to pay back with interest to the Department of Education. For that reason, the decision to accept the grant is a very serious and long-lasting one.
For students seeking to decrease their financial burden while strengthening their commitment to their teaching careers the Teacher Education Assistance for College and Higher Education (TEACH) grant is a great program. Students interested in the grant can speak with their counselors or go directly to the Department of Education website for more info.