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ALT Teach Education Assistance for College and Higher Education (TEACH) Grant Fast Facts TEACH Grants are a type of federal grant available to students enrolled in a TEACH-Grant-eligible program. Students who are enrolled full-time can be awarded up to $4,000 each year, up to a maximum of $16,000 for undergraduate study or maximum of $8,000 for graduate study to help pay for their education. Your school will confirm amounts you qualify for each year. In exchange for receiving a TEACH Grant, you must complete a service obligation after graduating. This includes: serving as a full-time teacher for four elementary or secondary school years at a school or educational service agency that serves low-income students; teaching in a high-need field; and completing the required four years of teaching within eight years after you graduate.