Nyack College is an eligible institution because we are accredited by NCATE. The TEACH Grant is a federal program for Undergraduate and Graduate students in teacher education programs offering up to $4000/year. In exchange for TEACH Grant aid, students must agree to serve as a full-time teacher at specified schools and teach in a specified field (high need schools and fields) for 4 academic years within the 8 years after completing the program. TEACH grant recipients who do not fulfill their teaching obligation must repay the grant as if it was an unsubsidized student loan. The student enters into an agreement with the federal government and they track the progress of the student after graduation. For more information and to start the application process, click here
Entrance or Exit Loan Counseling:
First Time Borrowers: PLEASE NOTE - Due to the Moving Ahead for Progress in the 21st Century Act, a new borrower on or after July 1, 2013 cannot receive subsidized loans for more than 150 percent of the published length of the borrower’s educational program. The law also provides that a borrower who becomes ineligible for subsidized loans because of the 150 percent limit is ineligible for interest subsidy benefits on all subsidized loans first disbursed to that borrower on or after July 1, 2013.
Exit Counseling (required of all students entering repayment. i.e.-graduating seniors)
If all of your loans have been secured through private lenders, and not the Dept. of Education please contact us using the form below.
When taking out loans to pay for school, remember you are making an investment. Borrow wisely and only if absolutely necessary to pay for college related costs.
GRAD PLUS Loans-parents