This past summer, the federal government authorized the Federal Teacher Education Assistance for College and Higher Education (TEACH) Grant Program.

Beginning with the 2008-2009 academic year, Federal TEACH provides up to an annual $4,000 grant to undergraduate, post-baccalaureate and graduate students who agree to serve for at least 4 years as highly-qualified teachers in public or not-for-profit elementary or secondary schools who serve students from low-income families.  They must teach in a high-need field such as bi-lingual education, English language acquisition, foreign language, mathematics, reading specialist, science,special education or other fields designated as high-need.

it is important to note that those who do not successfull fulfill the service agreement will have their grant converted to a Federal Unsubsidized Stafford loan that accrues interest from the date the Federal TEACH Grant was received.

The following links will help you better understand the grant and complete the application process:

About the TEACH Grant

TEACH Grant powerpoint

Oswego TEACH Grant application(MS word 27kb)