For students who are completing coursework in a federally designated critical-need area of education and agree to serve for at least four years as a full-time highly qualified teacher in a low-income school.
Eligible students may receive up to $4,000 per year. Failure to complete the four year service agreement will result in the grant being converted to a Federal Direct Unsubsidized Stafford Loan in which you must repay in full, with interest accrued from the date of the first disbursement.