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Teach Grant Important Reminders

 

IMPORTANT REMINDERS: 

  • FAILURE TO COMPLETE THE TEACHING OBLIGATION OR PROPERLY DOCUMENT YOUR TEACHING SERVICE WILL CAUSE THE TEACH GRANT TO BE PERMANENTLY CONVERTED TO AN UNSUBSIDIZED FEDERAL DIRECT STAFFORD LOAN WITH INTEREST. Interest would accrue from the date of the original disbursement.
  • ONCE A GRANT IS CONVERTED TO A LOAN IT CAN'T BE CONVERTED BACK TO GRANT!
  • For planning purposes, please keep in mind all previous loans taken out at Edinboro University and any other schools that you have attended. TEACH Grant disbursements that are converted to unsubsidized loans would be added to the recipient's current Federal Stafford Loan debt...
  • Students must seriously consider the financial impact that converting these grants into loans will have on their future,
  • Students experiencing difficulty in repaying their loans should contact the Ombudsman's Office in Federal Student Aid