Section 686.3 - Duration of student eligibility(a) An undergraduate or post-baccalaureate student enrolled in a TEACH Grant-eligible program may receive the equivalent of up to four Scheduled Awards during the period required for the completion of the first undergraduate baccalaureate program of study and first post-baccalaureate program of study combined.(b) A graduate student is eligible to receive the equivalent of up to two Scheduled Awards during the period required for the completion of a TEACH Grant-eligible master's degree program of study.73 35495, June 23, 2008, as amended at 75 FR 66968, Oct. 29, 2010; 85 FR 49821, Aug. 14, 2020 Authority: 20 U.S.C. 1070g , et seq.