DePaul University > Admission & Aid > Financial Aid > Forms > TEACH Grant Forms
The Federal TEACH Grant has specific eligibility and service requirements. Before completing the TEACH Grant Request, you should make sure that you fully understand the eligibility and service requirements of this grant. Carefully read the information below.
Please be aware that the Federal TEACH grant has a high potential of turning into a LOAN. If you are not already committed to teaching a high-need subject in a school serving low-income students, you should not consider this as a possible source of aid. It is estimated that only 20 percent of students who participate in the TEACH Grant Program will be able to use the funds as grants, while many students will see their funds converted to loans with accumulated interest.
A student who receives $16,000 in TEACH Grants who fails to fulfill the terms of the Agreement to Serve and Promise to Pay (ATS) will incur substantial indebtedness. On a 10-year term, the monthly payments would be $315.60 for a cumulative payment of $37,871.
In exchange for receiving a TEACH Grant, you must:
IMPORTANT: If you fail to complete this service obligation, all amounts of the TEACH Grants that you received will be converted to a Federal Direct Unsubsidized Stafford Loan. You must then repay this loan to the U.S. Department of Education. You will be charged interest from the date the grant(s) was disbursed.
If you're enrolled in an eligible academic program and would like to be considered for the Federal TEACH Grant, you must complete the online TEACH Grant Request Form. You should log into the form using your BlueKey information.
If you've determined that you are eligible for the Federal TEACH Grant, you're required to:
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