The TEACH Grant Program provides grants are awarded to eligible undergraduate students who are enrolled in course work needed to being a career in teaching. The amount of the grant is $4,000 a year, with a maximum of $16,000 for an undergraduate degree.

As a condition of receiving a TEACH Grant, a student must sign a TEACH Grant Agreement, which requires recipients to entering a high-need teaching field, teach for a minimum of four complete academic years within eight years of graduation, and teach at a school eligible for Title I assistance. If the teaching requirement is not met, the grant becomes an unsubsidized loan with interest accruing from the date the grant is first disbursed.