Teachit--Financial Aid Facts

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