The U.S. Department of Education has the exact details of this scholarship on its website: studentaid.ed.gov/sa/types/grants-scholarships/teach. If you receive a TEACH scholarship but do not follow the required educational service, as explained above, you must repay the grants as a federal Direct Unsubsidized Loan, with interest calculated from the date of each TEACH grant payment. If you plan to teach in a high-needs field that is on the national list, this field must be indicated for the state where you teach, either at the time you begin your qualifying apprenticeship or at the time you received a TEACH scholarship. Each year you receive a TEACH grant, you must sign a teach Grant Agreement to Serve and Promise to Pay (TTY). This fact sheet provides a preliminary summary of the Teach Grant Program based on the College Cost Reduction and Access Act of 2007. The information contained in this document is subject to change and is not binding on the Ministry of Education.