TEACH Grant
The TEACH Grant program awards grants to students who intend to teach, to help meet the cost of their postsecondary education. In exchange for the grant, the student must agree to serve as a full-time teacher in a high-need field, in a school serving low-income students for at least four academic years within eight years of completing the program of study for which the student received the grant. If the student does not satisfy the service obligation, the amounts of the TEACH Grants received are treated as a Federal Direct Unsubsidized Stafford Loan (Federal Direct Unsubsidized Loan) and must be repaid with interest. (686.1, Scope and Purpose)
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Statutory Authority
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Regulations
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ED References
See also Subtopics for more specific references.
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NASFAA Publications and Articles
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NASFAA AskRegs Knowledgebase
Search or browse the Knowledgebase for answers to regulatory and compliance questions submitted by financial aid administrators.
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NASFAA Compliance Engine
The Compliance Engine is comprised of two modules: the Self-Evaluation Checklists which allows administrators to evaluate their programs in a centralized, shared online space, and the P&P Builder, a tool designed to assist institutions in the creation and maintenance of a policies and procedures manual. Along with an online space to update and maintain policies and procedures, the P&P Builder includes legislation and regulation associated with compliance with Title IV requirements.
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NASFAA U Authorized Events
NASFAA U Authorized Events are a comprehensive set of instructional materials for teaching financial aid concepts to groups of individuals. Materials include a study guide, instructor guide and accompanying presentation slides.
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Subtopics
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Agreement to serve as teacher
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Aggregate limits
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Calculation of grant
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Annual award
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Calculation of amount for payment period
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Correspondence programs
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Programs using standard terms with at least 30 weeks of instructional time
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Programs using standard terms with less than 30 weeks of instructional time
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Other programs using terms and credit hours
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Programs not using terms or using clock hours
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Programs for which an exception to the academic year definition has been granted
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Sequestration reduction
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Cost of attendance limitation
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Maximum disbursement (50% rule)
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Minimum payment
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Recalculation
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Change in cost of attendance
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Change in enrollment status
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Scheduled Award
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Concurrent payments from multiple institutions
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Conversion of grant to unsubsidized loan
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Counseling requirements
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Documentation
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Exit
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Initial (entrance)
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Subsequent
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Cross-over payment period (payment period occurs in two award years)
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Duration of student eligibility
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Undergraduate limits
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Graduate limits
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Eligibility for payment
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General rules
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Pursuit of teaching career
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Reversal of GPA determination
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Reversal of SAP determination
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Enrollment status
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Correspondence plus regular courses
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Noncredit/reduced credit courses
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Frequency and timing of payment
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Replacement of EFC with grant
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Reports to ED
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Service obligation
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Discharge of service obligation
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Death
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Disability
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Military
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Documentation from student to ED
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Failure to complete
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High-need field
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Per program of study
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Suspension of service period
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Student eligibility
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Study abroad
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TEACH Grant-eligible institution
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TEACH Grant-eligible program
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Teacher preparation program
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Transfer student