STEP Students

Overview

Stanford Teacher Education Program (STEP) students may apply for aid bridging the two academic years: summer quarter which is part of the 2012–2013 academic year, and autumn/winter/spring quarters 2013–2014. 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 and STEP Fellowship funds and outside fellowship funds, may not exceed the individual student cost of attendance for the program.

Costs

Use this Budget Sheet (xlsx) 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 2013.

STEP Cost of Attendance

	2012-2013	2013-2014
Budget Items On-Campus	Summer	A/W/S Quarters
Living Expenses (rent/food/personal)	6,335	19,650
Transportation	1,385	4,005
Books and Supplies	650	1,995
Cardinal Care Health Insurance*	900	3,936
Campus Health Services Fee	179	555
Non-tuition Expenses	$9,449	$30,141
Tuition	8,940	32,730
Total Costs	$18,389	$62,871

*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.

Sample Financial Aid Package for STEP

	2012-2013	2013-2014
Type of Fund	Summer	A/W/S Quarters
STEP Fellowship*	500	1,500
Dorothy Durfee Avery Forgivable Loan	-	15,000
Federal Perkins Loan	8,000	8,000
Federal TEACH Grant/Loan	1,333	4,000
Federal Unsubsidized Direct Stafford Loan	8,556	20,500
Federal Graduate PLUS loan	-	13,871
Total financial support	$18,389	$62,871
*Fellowship offers are made by the Stanford Graduate School of Education (GSE) at the time of admission. This example is for illustration purposes only.