Student Loan Law: 1.4.2.3 TEACH and Other Grants
The TEACH Grant Program provides up to $4000 annually to students who are enrolled in an eligible program and who agree to teach full-time in a high-need field at a public or private elementary or secondary school that serves low-income students. The TEACH Grants were impacted by the Budget Control Act of 2011, which means that borrowers’ maximum award is reduced for each fiscal year thereafter.