Home > Admissions > Financial Aid > STEP
Loan Forgiveness Programs| Additional Financial Incentives and Funding Sources for Teachers | Guide to Fellowships and Grants | Apply for Financial Aid
The Stanford Teacher Education Program (STEP) and Stanford University provide financial aid that covers the full cost of attending STEP. In combination with STEP tuition fellowships (up to $20,000) and the availability of several loan forgiveness programs at the federal and state levels and at Stanford, many teacher candidates are able to attend STEP cost-free without having to make loan payments.
The following section outlines the university’s estimated cost-of-attendance budget for teacher candidates in 2008-2009, for on-campus and off-campus living, followed by a sample financial aid package.
STEP Cost of Attendance 2009-2010*
|
2009-2010 |
2008-2009 |
Budget
Items On-Campus |
Quarterly |
A/W/S |
A/W/S |
Rent |
3,085 |
9,255 |
9,030
|
Food |
1,883 |
5,649 |
5,505
|
Personal |
876 |
2,628 |
2,565
|
Subtotal |
5,844 |
17,532 |
17,100
|
Transportation |
1,670 |
5,010 |
4,890
|
Books
and Supplies |
605 |
1,815 |
1,770
|
Medical
Insurance |
800 |
2,400 |
2,268 |
Non-tuition
Expenses |
$8,919 |
$26,757 |
$26,028
|
| |
Tuition |
|
$28,660 |
$27,630
|
Total
Costs |
|
$55,417 |
$53,658
|
|
|
|
|
|
Budget
Items Off-Campus |
|
|
|
Rent |
3,424 |
10,272 |
10,020
|
Food |
1,883 |
5,649 |
5,505
|
Personal |
1,092 |
3,276 |
3,195
|
Subtotal |
6,399 |
19,197 |
18,720
|
Transportation |
1,670 |
5,010 |
4,890
|
Books
and Supplies |
605 |
1,815 |
1,770
|
Medical
Insurance |
800 |
2,496 |
2,268 |
Non-tuition
Expenses |
9,474 |
28,442 |
27,648
|
|
|
|
|
Tuition |
|
$28,660 |
$27,630
|
Total
Costs |
|
$57,082 |
$55,278
|
Tuition
variation: Summer=10 units ($7,810);Autumn=11+ units
($12,460);Winter=10 units($8,100);Summer=10units ($8,100).
Medical insurance estimated. (updated 2/25/2009) |
Sample Financial Aid Package 2008-2009*
Type of Fund |
Summer |
A/W/S Quarters |
SUSE Fellowship |
500 |
1,500 |
Federal Perkins Loan |
6,000 |
6,000 |
Federal Subsidized Stafford Loan |
8,500 |
8,500 |
Avery Forgivable Loan |
|
20,000 |
Federal Unsubsidized Stafford Loan |
261 |
12,000 |
Federal Grad PLUS loan |
|
5,658 |
Total financial support |
15,261 |
53,658 |
|
SUSE Fellowship |
500 |
1,500 |
Federal Perkins Loan |
6,000 |
6,000 |
Federal Subsidized Stafford Loan |
8,500 |
8,500 |
Avery Forgivable Loan |
|
20,000 |
Federal Unsubsidized Stafford Loan |
952 |
12,000 |
Federal Grad PLUS loan |
|
7,278 |
Total financial support |
15,952 |
55,278 |
|
|
|
Funds are awarded in the priority listed above. If ineligible for Federal Perkins or Subsidized Stafford Loans, Federal Grad PLUS eligibility will be increased up to the cost of attendance.
|
* Source: Financial Aid Office
|
