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Financing Your Education - STEP

The Stanford Teacher Education Program (STEP) is committed to supporting a diverse and talented cohort of teaching candidates. Stanford has established two initiatives to support the cost of education for STEP students. These are the Dorothy Durfee Avery Loan Forgiveness Program and STEP tuition fellowships that are offered to over 90% of incoming STEP students. Combined with a variety of federal loan forgiveness programs, many teacher candidates are able to attend STEP free of cost while receiving a living stipend while in the program.

The Dorothy Durfee Avery Loan Forgiveness Program

A Stanford forgivable loan is available to STEP students via the Dorothy Durfee Avery Loan Forgiveness Program.

After completion of STEP, students must work in a public school or an underserved private school in the United States. The student never has to make payments on the loan as long as she or he is teaching in an eligible school. After two years of eligible teaching half of the loan is forgiven and after four years the remainder is forgiven.

Loan Forgiveness Program Information

The Stanford Teaching Fellowship (Full Tuition Fellowship)

This initiative will underwrite the full cost of tuition for up to five STEP students per year. Awards will be determined by a combination of need, merit and commitment to under-served youth and communities.

Stanford Teaching Fellowship Information

STEP Tuition Fellowships

STEP offers up to $25,000 in tuition fellowships to eligible students. Approximately 97% of teacher candidates receive STEP fellowships.

Applicants who are interested in being considered for a STEP tuition fellowship must complete the Fellowship section on the STEP supplemental form as part of the online admission application. Most awards are granted on a combination of need and merit. Admitted applicants are notified of their fellowship award soon after admission decisions are made.

Yellow Ribbon Program

Stanford is committed to providing benefits through the Yellow Ribbon Provision of the Post 9/11 GI Bill® to students in degree-seeking programs. GSE students who qualify for Chapter 33 benefits at the 100% level, may be eligible for additional funding through the Yellow Ribbon Program. Under this program, Stanford provides an annual contribution to supplement the Chapter 33 base tuition benefit. The VA matches Stanford's Yellow Ribbon contribution. For the 2017-2018 academic year, Stanford's maximum annual Yellow Ribbon contribution for GSE PhD students will be $12,000, and for MA students $6,000, with the VA providing a matching amount of up to $12,000 and $6,000 respectively. Please note that for GSE students receiving GSE Fellowship funding, the Yellow Ribbon match may reduce and in some cases replace institutional grants and scholarships. Instructions for activating VA educational benefits for enrollment at Stanford are on the OMAC web page for Activating VA Educational Benefits.

External Sources of Funding

Knowles Science Teaching Foundation – Teaching Fellowship

Each year, KSTF awards Teaching Fellowships to exceptional young men and women committed to teaching science and mathematics in United States high schools. KTSF believes the commitment to teaching merits the deepest respect and support. The Teaching Fellowship is designed explicitly to meet the needs of teachers from the time they begin working on a teaching credential through the early years of their career.

KSTF Teaching Fellowships combine extensive financial and professional support. Fellows receive tuition assistance while participating in a teacher credentialing program, monthly stipends, and grants for professional development and teaching materials. STEP encourages all prospective students in Math and Science to apply early!

KSTF Teaching Fellowship Information

San Francisco Teacher Residency (SFTR)

The San Francisco Teacher Residency recruits aspiring teachers who are committed to teaching in San Francisco's hardest to staff schools and subjects. STEP applicants in math and science are invited to apply for SFTR while they are applying to STEP or after they have been admitted to STEP. Currently, STEP students who join SFTR become a part of SFTR’s AmeriCorps program and receive a stipend of approximately $12,000*. They are also provided with health care for the residency year. Additionally, they are eligible for an AmeriCorps Education Award of approximately $5,500 upon completion of the program, which can be applied to STEP tuition. SFTR requires that graduates commit to teaching in San Francisco for a minimum of three years past the residency. Graduates are mentored by SFTR for two additional years after the program.

* Please note the $12,000 stipend will be considered part of the total financial aid package.

San Francisco Teacher Residency Information