Who Can Request a Reconsideration of a Converted TEACH Grant? Recipients have an 8-year window in which to complete these 4 years of service.
As the U.S. Department of Education is engaging in negotiated rulemaking on the TEACH grants, the Department announced that it is opening a process for reconsideration of conversion. I called on the day my 30 days was up and demanded that it be expedited. They had originally said that they would have reviewed it in ten business days. About 5 days in, they said they needed updated proof of her name change, then after she sent that in, they claimed it was not legible, so we sent in three separate sets of proof.
My grant was wrongly converted in 2016 and I sent in my paperwork for reconsideration literally the first day it was allowed. They converted today.I also complained on their Facebook page. Link to payment and … Hey all! They updated her name, but we haven't heard anything about the reconsideration yet either.Y'all, I laughed. They told her 10 days as well. COD School Relations Center; CPS/SAIG Technical Support and the TFA Support Center ; Pell Grant Payment and Disbursement Schedules. Our 30 day window comes up this week and I'm not holding my breath to receive a response in their (second) internally declared timeline. If you received a TEACH Grant, but forgot to complete one of your annual certifications, and had your Grant converted into a Loan, then you may be eligible for a second chance at turning it back into a Grant. The last day of the thirty business days is Monday and I'm curious...My grant was wrongly converted in 2016 and I sent in my paperwork for reconsideration literally the first day it was allowed.Hope things work out for y'all!They had originally said that they would have reviewed it in ten business days. Let’s take a closer look.If the documentation and certification was sent inside the allowable grace period, FedLoan Servicing will simply send confirmation acknowledging the receipt of the materials.The U.S. Department of Education also announced a new process where TEACH Grant recipients whose grants were converted to unsubsidized direct loans after failing to meet the TEACH Grant service requirements, get an opportunity to request reconsideration of their fulfillment of the TEACH Grant service requirements.The U.S. Department of Education announced a standardized annual certification date for every TEACH Grant recipient.It won’t take long for TEACH Grant recipients to find out if they’ll get a chance to make their case.Under that scenario, ”all TEACH Grants you received will be converted to Direct Unsubsidized Loans,” the U.S. Department of Education states. In that event, the new ruling’s effect on that recipient depends on a key factor – if the documentation was transmitted to FedLoan Servicing by the recipient’s designated documentation deadline date.That scenario will lead to all the TEACH Grants to be converted into unsubsidized Federal Direct Stafford loans, which must be repaid, along with any interest incurred from the date the grant money was originally disbursed.The U.S. Department of Education is tweaking its Teacher Education Assistance for College and Higher Education (TEACH) Grant, standardizing the certification dates and issuing a new rule on allowable instances where grant recipients can “reconsider” grants that have turned to student loans.The federal government is clear on the outcome if a TEACH Grant recipient does not complete their documentation of progress or certification of intent by October 31 of each year, and what happens if the recipient does not respond to reminder notices from FedLoan Servicing.Additional information that might bolster your case will likely be required.The new certification date, which rolls out October 31, 2019, makes the grant’s annual certification process easier by having just a single certification deadline every year.
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