The Federal TEACH Grant Program is a non-need-based program that currently provides grants of up to $ 3724 per year,* per sequestration, to graduate students enrolled in an eligible program, as defined by Walden University, and who intend to teach full time in high-need subject areas at schools that serve students from low-income families. Recipients of a Federal TEACH Grant must teach for at least 4 years within 8 years of completing the college program for which the Federal TEACH Grant was awarded (if a student ceases enrollment, he or she loses eligibility). Graduate students may receive up to 2 years of grant funding for a total of $8,000 in lifetime TEACH Grant awards, assuming the program remains eligible for a Federal TEACH Grant. A student may not receive Federal TEACH Grant payments concurrently from more than one school.
The TEACH Grant is only available to students in select education programs at Walden University. Students enrolled less than full-time will have their Federal TEACH Grant award reduced according to a schedule established by the U.S. Department of Education. The amount of Federal TEACH Grant awarded when combined with other student aid cannot exceed a student’s cost of attendance. Because total financial aid received must not exceed the cost of attendance, receiving a Federal TEACH Grant may reduce the recipient’s eligibility for other sources of financial aid. The Federal TEACH grant cannot be denied if you reach your aggregate maximum on federal loans. This grant is not based on need and does not factor into your aggregate limit on federal loans.
If a student awarded a Federal TEACH Grant either (1) fails to complete the teaching service obligation, (2) ceases enrollment in an eligible program for which the Federal TEACH Grant was received, or (3) does not meet any other requirement as defined by the Department of Education, his or her grant will convert into a Federal Direct Unsubsidized Loan (Direct Unsubsidized Loan), with interest accrued from the date the grant was disbursed.
It is the student’s responsibility to understand all requirements and rules for the Federal TEACH Grant Program.
* Due to sequestration, for any 2016–17 TEACH Grant first disbursed on or after Oct. 1, 2016, and before Oct. 1, 2017, the maximum award of $4,000 is reduced by 6.9 percent ($276), resulting in a maximum award of $3,724. To find out more about sequestration go to https://studentaid.ed.gov/sa/types/grants-scholarships/teach#sequestration.