Are you really ready for the TEACH grants?

This article in the July 1 Inside Higher Ed cautions that the application for and acceptance of TEACH grants be accompanied by clear information about the obligations of grantees that must be met in order to avoid these monies turning into loans that accrue interest--especially since the Congressional Budget office estimates that 80% of these grants will convert to loans. Useful discussion about the situations where these grants are likely to be most beneficial is included. There is a link to the TEACH grant page itself, a link to implementation suggestions and a link to a powerpoint presentation outlining actions that education institutions can take to get ready for the program.