You must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students, for at least four years within eight years of completing the program for which you received a TEACH Grant. (See the Federal Student Aid website for more info.)
IMPORTANT: If you fail to complete this service obligation, all amounts of 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.