The Master’s College - Prospective Undergrads

Teaching Credential Financial Aid

Welcome to the Teaching Credential Financial Aid website! For additional questions, please contact your financial aid counselor, Karen Olewiler. (contact information below) Credentialing Fast Facts 2008-2009 Academic Year Total Units 30 Program Length 1 year Cost Per Unit $460 Total Tuition Cost $13,800

Application Process

The financial aid application process for the Teaching Credential Program is much the same as that of the General Undergraduate Program. The following items are required:

1. FAFSA (Be sure to list yourself as a 5th Year-other Undergrad).
2. Financial Aid Application (current students should complete the renewal application on MasterNet)
3. Any additional documents requested by the Financial Aid Office

Available Aid

Students in the Teaching Credential program can qualify for most federal and institutional aid.

• Academic Scholarships
• Pell Grant
• Cal Grant (current recipients only)
• TMC Grant
• Teacher Ed Departmental Scholarships
• Work Study
• Stafford Loans

Cal Grant

Cal Grant recipients can request a one-year extension of their Cal Grant to cover their credentialing expenses. Students who are not currently receiving Cal Grant are not eligible.

• To extend your Cal Grant, complete the G-44 Cal Grant Extension Request form and submit it to the California Student Aid Commission.

Loan Forgiveness Programs

There are a number of loan forgiveness programs available to those going into the teaching profession.
State Program California Student Aid Commission website for more details.
Federal Program Teacher Loan Forgiveness Program - FFEL and Direct Loan Programs
Apply after five (5) consecutive, complete years of full-time teaching

• This is a federally administered program. For more details check out the Federal Student Aid website.
• Federal Teacher Loan Forgiveness Application

Perkins Loan Forgiveness Perkins Loan forgiveness is available to individuals who have served 12 months in eligible field. Perkins Loan deferment is available during the 12 months of serving leading up to forgiveness.

• For detailed information on Perkins Loan Forgiveness, visit www.uaservice.com.