Question
When would I have to start making payments if my TEACH Grant becomes a loan?
Answer
Like all Federal Direct Loans, repayment would start 6 months after you graduate or fall below half-time status. At any time, you may request that the Department of Education convert your TEACH Grant into a Direct Unsubsidized loan. Once a TEACH Grant has been converted to a Federal Direct Unsubsidized Loan, it cannot be reconverted into a grant.