Fiscal Year 2016: Funding supported awards to approximately 32,000 students. Fiscal Year 2017: Funding will support awards to approximately 32,000 students. Fiscal Year 2018: Funding will support awards to approximately 33,000 students.

Uses and Use Restrictions

Undergraduate and graduate students completing coursework or other requirements necessary to begin a career in teaching.

Students must attend an institution of higher education that provides high-quality teacher preparation and professional development services; is financially sound; provides, or assists in the provision, of pedagogical coursework; and provides, or assists in the provision, of supervision and support services to teachers.

Eligibility Requirements

Applicant Eligibility

Undergraduate and graduate students completing coursework or other requirements necessary to begin a career in teaching.

Students must attend an institution of higher education that provides high-quality teacher preparation and professional development services; is financially sound; provides, or assists in the provision, of pedagogical coursework; and provides, or assists in the provision, of supervision and support services to teachers.

Beneficiary Eligibility

Students must have a grade-point-average (GPA) comparable to a 3.25 on a scale of zero to 4.0, except that, if the student is in the first year of undergraduate education, the grade point average is determined based on the student's cumulative secondary school grade point average. A student applying for a grant to obtain a graduate degree must be a teacher or a retiree from another occupation with expertise in a field in which there is a shortage of teachers; grants for graduate education may also be obtained by a student who is or was a teacher who is pursuing high-quality alternative certification. In addition, students must sign an agreement to serve as a full-time teacher for not less than four years within eight years of completing the course of study for which they received a TEACH Grant. Service must be performed at a school serving a primarily disadvantaged population and must be in one of the following fields: mathematics, science, a foreign language, bilingual education, special education, as a reading specialist, or in another field documented as high-need. Students must also agree to provide evidence of qualifying employment upon completion of each year of service. Failure to complete the service requirements results in the student's TEACH Grants being treated as Federal Direct Unsubsidized Stafford Loans, with interest accrued from the date of award. Students must also sign a statement of educational purpose, not owe a refund on a Title IV grant, and not be in default on a Title IV loan. Eligible males that are at least 18 years old and born after December 31, 1959, can receive aid only if they have registered with the Selective Service.

Credentials/Documentation

No Credentials or documentation are required. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is required.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Students must complete a FAFSA, and complete an agreement to serve and submit it to the Department of Education.

Award Procedures

Institutions act as disbursing agents for the Department of Education. The institution that the student attends disburses the TEACH Grants based on the enrollment status of the student.

Deadlines

Contact the headquarters or regional office, as appropriate, for application deadlines.

Authorization

Higher Education Act of 1965, as amended, Subpart 9, Title IV, Part A.

Range of Approval/Disapproval Time

Approximately 2 to 4 weeks.

Appeals

Not Applicable.

Renewals

Students who have applied in the previous award year must continue to meet all eligibility requirements and reaffirm their intention to fulfill the service requirements before obtaining subsequent grants.

Assistance Considerations

Formula and Matching Requirements

Statutory formulas are not applicable to this program. Matching requirements are not applicable to this program. MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance

Students are limited to one TEACH Grant during an academic year. Funds for these grants will likely be disbursed at least twice during an academic year. See the following for information on how assistance is awarded/released: Electronic transfer.

Post Assistance Requirements

Reports

Institutions will be required to furnish reports periodically on the disbursement of funds, as well as furnish any other reports the Secretary requires.

Students must affirm each year that they intend to fulfill their service requirements and submit a certification for each year of required service.

Cash reports are not applicable.

Progress reports are not applicable.

Expenditure reports are not applicable.

Performance monitoring is not applicable.

Audits

This program is excluded from coverage under 2 CFR 200, Subpart F - Audit Requirements. Annual audits will be made.

Records

All records pertaining to the eligibility of each TEACH Grant recipient and all fiscal management records must be maintained by the institution for a period of three years or until an acceptable audit has been completed, whichever is later. Selected students will have the information on their applications verified.

Financial Information

Account Identification

91-0206-0-1-502.

Obigations

(Direct Payments for Specified Use) FY 16 $91,000,000; FY 17 est $92,804,000; and FY 18 est $101,173,000

Range and Average of Financial Assistance

No Data Available.

Regulations, Guidelines, and Literature

Not Applicable.

Information Contacts

Regional or Local Office

None.

Headquarters Office

Federal Student Aid Information Center, Federal Student Aid, Department of Education, P.O. Box 84, Washington, District of Columbia 20044-0084 Phone: (800) 433-3243.

Criteria for Selecting Proposals

Not Applicable.