Financial Aid Facts

There are also lots of ways to pay for college. You shouldn't be discouraged by money. There is a wide range of financial assistance available. Aid may be granted on the basis of need or scholastic achievement. The following is a list of the types of aid that are available to teacher education students:

  • Grants: generally awarded based on financial need. No repayment.

  • Scholarships: awarded on the basis of your academic record, special talent, or other unique qualification. No repayment.

  • Forgivable Loans: given by states to education students to eliminate shortages of teachers in designated low-income schools or subject-matter shortage areas. Loans do not have to be repaid if you provide agreed-upon services.

  • Loans: must be repaid by the student, usually within a specified time period after the student graduates.

  • Work-Study Programs: part-time jobs on- or off-campus that help with college costs.

Sources of Aid

Teacher Loan Cancellation Program

Texas Education Agency
Division of Educator Dev Projects
1701 N. Congress Ave.
Austin, TX 78701-1494

Maria Huth
TEL: (512) 264-3939
FAX: (512) 264-3114 
www.tea.state.tx.us

Educational Aid Exemption Program

TX Higher Ed. Coordinating Board
Student Services Division
P.O. Box 12788
Austin, TX 78711-2788

Tanya Montez
TEL: (512) 427-6457
FAX: (512) 427-6420
www.thecb.state.tx.us

Teach for Texas Program

TX Higher Ed. Coordinating Board

Cynthia Hegemier
TEL: (512) 427-6367

TEXAS Grant Program

TX Higher Ed. Coordinating Board

TEL: (800) 242-3062
ALT: (512) 427-6340

Troops To Teachers Program

Troops to Teachers
5704 Springdale Road
Austin, TX 78723-3675

Meryl Kettler
TEL: (800) 452-6616
http://ttt.esc13.tenet.edu/troop/

Federal Student Aid Info

U.S. Department of Education
400 Maryland Avenue, SW
Washington, DC 20202-0498

TEL: (800) 433-3243
ALT: (800) USA-LEARN
www.fafsa.ed.gov
www.ed.gov

Federal Stafford Loan

TX Guaranteed Student Loan Corp.
Customer Assistance Department
P.O. Box 201725
Austin, TX 78720-1725

TEL: (800) 845-6267
ALT: (800) 252-9743
www.tgslc.org

The Smart Student Guide to Financial Aid www.finaid.org
Alamo Community College District www.accd.edu/district/schships/main/sfs.htm
Texas Guaranteed Student Loan Corporation http://www.tgslc.org
 

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