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Commitment to Teach in Michigan
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What is the Commitment to Teach in Michigan Agreement for the MI Future Educator Fellowship?
For each year that you receive funding from the MI Future Educator Fellowship, you agree to teach, full-time, in Michigan schools. Each year that you receive funding increases your Commitment to Teach in Michigan. If you do not complete your Commitment to Teach in Michigan, the amount you received in MI Future Educator Fellowship funding converts to a zero percent interest rate loan that must be repaid within 10 years.
Number of years of MI Future Educator Fellowship awards: Length of time a person must teach in Michigan One Three Years Two Four Years Three Five Years If the student does not continue full time in their Educator Preparation Program (EPP), the amount of Fellowship they received will be converted to a loan that must be repaid within ten years.
If the student graduates, but does not begin working as a full-time teacher in Michigan within 12 months, the amount of Fellowship they received will be converted to a loan that must be repaid within ten years.
Students who do not complete their EPP will be given a six-month grace period to begin payment.
Students who complete the EPP will be given a grace period of 12 months to secure a teaching job. If after 12 months the student has not begun teaching, they will be given a six-month grace period and then they will begin repayment.
The interest rate on the loan is 0%.
The loan will be administrated by our Student Loan Program division of Treasury.