The Florida Retired Educators Foundation (FREF) awards scholarships to graduating seniors who wish to become Florida teachers. Applications are submitted to the local Scholarship Chairs, and then forwarded on to FREF for evaluation. Winners are selected in March with funding that begins in time for the fall term of college. This scholarship pays $4,000.00 over a four-year period, 1,000 per year. Money is given to the student, not sent to the institution. For each year recipients use the scholarship, they are required to teach one year in the State of Florida or repay the money at 5% per annum. For more information or to apply, please click the link below.