Almost all Relay students are enrolled half-time, and those who receive the TEACH Grant qualify for $2,000 annually. The award is subject to a federal sequester fee of 6.6% for TEACH Grants requested before October 1, 2018, which brings the total award disbursed to the student to $1868 for the year. The sequester fee for grants requested after October 1, 2018 will be 6.2%, which brings the total award disbursed to the student to $1876 for the year.
After October 1, 2019, this rate will change, and we will update the TEACH grant form to reflect the change as soon as the government publishes this number.
The sequester fee is taken out of the award total by the government for operational costs and does not go to Relay.