Arizona Student Financial Aid Programs

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Arizona Teacher Student Loan Program (formerly Math, Science and Special Education Teacher Loan Forgiveness Program)

Grant

Description

The Arizona Teacher Student Loan Program is a need-based forgivable loan designed to financially support and to encourage college students who are Arizona residents to enter into the teaching profession and teach in a public school in Arizona.

The maximum forgivable loan is $7,000 per academic year for up to three years excluding all grants, scholarships and other tuition benefits (ex: tribal and military). Funds can be applied toward tuition, instructional materials and mandatory fees as documented in the student’s Cost of Attendance (COA) at their institution.

Students must enter into an agreement with the Arizona Commission for Postsecondary Education (ACPE) to teach in an Arizona public school in a term equal to the number of years of loan received plus one year. Additionally, students must sign a promissory note acknowledging the conditions of the loan and promising to repay the loan plus interest if the teaching obligation is not met.

Qualifications

Must be a U.S. Citizen or an eligible noncitizen.

Must be a resident of Arizona for at least the previous 12 months at the time of application completion.

Must be enrolled at least half-time in a baccalaureate program working on a teaching degree or an alternative teacher certification program at a nationally or regionally accredited postsecondary educational institution in Arizona (public or private).

Must be a junior or higher (completed at least 55 college credit hours) in a course of instruction with the intent to attain licensure as a teacher in math, science, special education or to provide instruction as a teacher in a public low-income school, public rural school, or a public school located on an Indian reservation.

Must be seeking a first baccalaureate degree or an alternative teaching certificate.

Must have financial need (Cost of Attendance minus Expected Family Contribution (EFC)).

Must maintain Satisfactory Academic Progress as determined by the institution.

Must complete a Free Application for Federal Student Aid (FAFSA).

Must enter into an agreement with the Arizona Commission for Postsecondary Education (ACPE) to teach in an Arizona public school in a term equal to the number of year of loan received plus one year.

Must sign a promissory note acknowledging the conditions of the loan and promising to repay the loan plus 7% interest if teaching obligation is not met.>
First time applicants must write a 250-500 word essay on why they want to be a teacher.

Application Process

Students must submit to the Commission annually a loan application and a completed promissory note. Additionally, students must complete the FAFSA. The Commission will work with the financial aid office at the institution to determine student eligibility. Loans are awarded to eligible students on a first-come, first-served basis.

Arizona Teacher Student Loan Program Promissory Note

2017-2018 Arizona Teacher Student Loan Program Application

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Arizona Teacher Student Loan Program (formerly Math, Science and Special Education Teacher Loan Forgiveness Program)

Grant

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