Financial Aid Programs and Incentives
Overview
The cost of teacher preparation programs varies tremendously depending on which program you choose to attend. Most state-sponsored colleges and universities offer teacher preparation programs at a fraction of the cost of private colleges and universities. In addition, if you already possess a bachelor’s degree, you might want to consider an alternative certification program, as they tend to offer more financial incentives and subsidies than traditional programs.
Federal Student Aid
Most U.S. students enrolling in a higher education program may apply for federal aid. For information on federal aid, order the Student Guide through the U.S. Department of Education or call (800)-4-FED-AID. Their website offers complete information on the types of aid available as well as how to apply.
Programs for Defraying Teacher Education Costs
Below are resources and ideas for having your student loans forgiven or deferred.
- Cancellation/Deferment Options for Teachers
- This site contains information about obtaining deferments and/or cancellations of federal loans obtained in connection with a teacher-preparation program.
- Tax Benefits for Higher Education Costs
- Local Resources
- Check with your state and/or city department of education for special state-sponsored programs. These can include debt forgiveness programs, scholarships, and incentive programs for high-need areas.


