Stanford Teacher Education Program (STEP) students may apply for aid bridging the two academic years: Summer Quarter which is part of the 2019–2020 academic year, and Autumn/Winter/Spring Quarters 2020–2021. Applicants will be considered for federal, institutional and/or private loans through the University’s Financial Aid Office (FAO).
In addition to the standard federal loans for which most graduate students qualify, STEP students may qualify for the Dorothy Durfee Avery Forgivable Loan, federal TEACH Grants as well as Cal Grants (if eligible as undergraduates).
The combination of all resources available, including federal and private loans, Cal Grants, TEACH Grants, STEP Fellowship funds and outside fellowship funds, may not exceed the individual student cost of attendance for the program.
Use this Budget Sheet as a tool to create your personal budget. The information below is provided to illustrate a typical STEP student’s costs and resources. The cost of attendance figures are based on the parameters for a STEP student entering the program in Summer 2020.
|Budget Items On-Campus||Summer||A/W/S Quarters|
|Living Expenses (rent/food/personal)||8,105||28,650|
|Books and Supplies||325||975|
|Cardinal Care Health Insurance*||1,398||5,928|
|Campus Health Services Fee||224||696|
*Cardinal Care is an annual plan (coverage extends through the summer regardless of your enrollment status). The annual cost is captured in Autumn, Winter and Spring charges. See the Vaden website for details.
|Type of Fund||Summer||A/W/S Quarters|
|Dorothy Durfee Avery Forgivable Loan||-||20,000|
|Federal TEACH Grant/Loan||1,250||3,752|
|Federal Unsubsidized Direct Stafford Loan||20,500||20,500|
|Federal Graduate PLUS Loan||767||36,972|
|Total Financial Support||$23,017||$82,724|
|*Fellowship offers are made by the Stanford Graduate School of Education (GSE) at the time of admission.
This example is for illustration purposes only.