are considered gift aid and do not have to be repaid. Most grant aid
is based on some type of need-based eligibility requirement; therefore,
you must complete the FAFSA to apply for most grants. Although grants are a very desirable source of financial aid, the
availability of grants is generally limited to the neediest
students. Below are the grants available from the federal government.
Pell Grants are awarded based upon the analysis of the FAFSA,
cost-of-attendance, and enrollment status (full-time or part-time).
Pell Grants are awarded only to undergraduate students who have not earned
a bachelor's degree or professional degree. Pell Grants often
provide a foundation of financial aid to which other aid is added for the
United States Department of Education uses a standardized formula,
established by Congress called the Federal Needs Analysis Methodology, to
evaluate the information you report on the FAFSA. The formula
produces an Expected Family Contribution (EFC). The EFC number can
range from zero to 99,999 or higher. Your Student Aid Report (SAR)
contains this number and will tell you if you are eligible for a Pell
Grant. You can get a booklet called the EFC Formula Book, which
describes how a student's EFC is calculated, by writing to:
Student Aid Programs
P.O. Box 84
Washington, DC 20044
maximum Pell Grant for 2012-2013 is $5550 if you have a zero EFC.
The maximum Pell Award can change each year based upon Congressional
funding levels. However, if you are eligible for a Pell Grant based
upon your EFC number, you are guaranteed to receive it. For the
2012-2013 school year, full-time students with an EFC from zero to 4995
qualify for some Pell Grant. Those with EFCs of 4996 or greater are
not eligible for a Pell Grant, but could be eligible for other types of
Supplemental Educational Opportunity Grant (SEOG)
Federal Supplemental Education Opportunity Grant (SEOG) is for
undergraduate students with exceptional financial need. Preference
is given to Pell Grant recipients with a zero EFC.
Teacher Education Assistance for
College and Higher Education (TEACH) Grant
The new Teacher Education Assistance
for College and Higher Education (TEACH) Grant Program provides up to
$4,000 per year in grants for graduate and undergraduate students who
intend to teach full-time in high-need subject areas at
schools that serve low-income families for at least
four academic years within eight years.
study: up to $4,000 per year for first baccalaureate to a maximum of
study: up to $4,000 per year for first post-baccalaureate teacher
certification program, up to remaining balance of undergraduate
- Graduate study: up
to $4,000 per year for a Master’s degree to a maximum of $8,000
Students that do not complete their
four year teaching obligation will have to repay the TEACH Grants as if
they were a Federal Direct Unsubsidized Loan, with interest accruing
from the time the grant was disbursed.
Student Eligibility Requirements
To receive a TEACH Grant you must:
- Complete the Free
Application for Federal Student Aid (FAFSA), although you do not
have to demonstrate financial need.
- Be enrolled in a
program of study designated as TEACH Grant-eligible. Eligible
programs are those that prepare a student to teach in a high-need
area. High need fields include:
Education and English Language Acquisition
- Other teacher
shortage areas documented as high-need by the Federal
government, a State government, or a local education agency,
approved by the U.S. Department of Education, and listed in the
Department of Education’s Annual Teacher Shortage Area
Nationwide Listing at the time you begin your teaching service.
- Complete TEACH
Grant initial counseling and subsequent counseling.
- Sign a TEACH Grant
Agreement to Serve and respond to requests by the U.S.
Department of Education confirming your continuing intention to meet
the teaching obligation.
- For undergraduate
programs, meet one of the following academic achievement
- Score above
the 75th percentile on a college admissions test
(e.g. SAT, ACT, GRE); or
- Graduate from
high school with a cumulative GPA of at least 3.25 (on a 4.0
scale) to receive a grant as a freshman; or
- Have a
cumulative GPA of at least 3.25 (on a 4.0 scale) through the
most recent payment period on your college coursework to receive
a grant for each subsequent term.
Agreement to Serve and Promise to
Each year you receive a TEACH Grant, you
must sign a TEACH Grant Agreement to Serve that is
available electronically on the
TEACH Grant Agreement to Serve Web site. The TEACH
Grant Agreement to Serve specifies the conditions under
which the grant will be awarded, the teaching service
requirements, and includes an acknowledgment by you that
you understand that if you do not meet the teaching
service requirements you must repay the grant as a
Federal Direct Unsubsidized Loan, with interest accrued
from the date the grant funds were disbursed.
Specifically, the TEACH Grant Agreement to Serve will
require the following:
- For each TEACH Grant-eligible
program for which you received TEACH Grant
funds, you must serve as a full-time teacher for
a total of at least four academic years within
eight calendar years after you completed or
withdrew from the academic program for which you
received the TEACH Grant.
- You must perform the teaching
service as a highly-qualified teacher at a
low-income school. The term highly-qualified
teacher is defined in section 9101(23) of the
Elementary and Secondary Education Act of 1965
or in section 602(10) of the Individuals With
Disabilities Education Act.
- Your teaching service must be
in a high-need field.
- You must comply with any
other requirements that the Department of
Education determines to be necessary.
- If you do not complete the
required teaching service obligation, TEACH
Grant funds you received will be converted to a
Federal Direct Unsubsidized Stafford Loan that
you must repay, with interest charged from the
date of each TEACH Grant disbursement.
Schools Serving Low-Income Students
Schools serving low-income students
include any elementary or secondary school that is
listed in the Department of Educations Annual Directory
of Designated Low-Income Schools for Teacher
Cancellation Benefits. To access the Directory, please
If you receive a TEACH Grant
but do not complete the required teaching service, as explained above,
you will be required to repay the grants as a Federal Direct
Unsubsidized Stafford Loan, with interest charged from the date of each
TEACH Grant disbursement. Once the grant
has been converted to a loan, it cannot be converted back to a grant.
If you are interested in learning
more about the TEACH Grant Program, please contact
the Financial Aid Office at 740-351-4357
or visit the the Department of Education's