• Paying for your graduate degree doesn't have to be difficult

There are three types of financial aid available to you: Money you don’t pay back, money you do pay back and money you earn.

Use the tabs below to learn about each.

Submit FAFSA

Important: Filling out the FAFSA — Free Application for Federal Student Aid — is your key to unlocking nearly every kind of financial aid you may qualify for. You must fill out a FAFSA each year, even if you submitted one in previous years. Your FAFSA does not commit you to any particular college or financial obligation. You will not need current-year tax records to complete the FAFSA.

Financial Aid Guides

We're here to help!

480-965-5555

mlftc-aid@asu.edu

Money you don’t pay back

There are two kinds of aid you never have to pay back: scholarships and grants

If you are a junior, senior or graduate student, you are also eligible for the Arizona Teachers Academy.

Arizona Teachers Academy

The Arizona Teachers Academy at ASU provides financial aid and professional development to juniors, seniors and graduate students who are Arizona residents and who commit to teaching in Arizona after graduation. Members of the academy must meet specific commitments. If you do not complete those commitments, any ATA aid you receive must be paid back.

Scholarships

There are many scholarships available through ASU. Other scholarships are available through Mary Lou Fulton Teachers College that require separate or additional application forms. A FAFSA is required for any of them.

MLFTC scholarships 

Other MLFTC scholarships may be available to you after admission to ASU. An ASU ID number is required to apply for them. Eligibility may be determined by merit, financial need, application essays and specific academic criteria.

The following scholarship is available only through our college. You are not automatically considered for these awards and must submit an application after admission.

Mary Ann Graham Johnston Memorial Scholarship

This scholarship is preferable for single parents who are seeking a graduate degree in a teacher certification program. 

ASU scholarships

ASU scholarship search

Other scholarships can be found through the ASU scholarship search. You are not automatically considered for these awards. They vary by cost, type (need-based, academic achievement) and application requirements. 

New American University Scholarships are awarded based on academics, not need. You are automatically considered for these awards when you are admitted to ASU.


Grants

Grants through ASU

Grants — need-based gifts awarded to qualified undergraduates — are available through ASU. FAFSA required.

TEACH grant

The TEACH grant — Teacher Education Assistance for College and Higher Education — is a federal program that provides up to $4,000 per year while you complete your degree if you agree to teach a high-needs subject area in a public or private elementary or secondary school that serves students from low-income families after graduation. FAFSA required. Financial aid received through the TEACH program is considered a scholarship as long as you fulfill your teaching commitment. If you do not complete the commitment, TEACH aid you received will be considered a loan and must be paid back.

Money you pay back

There are three kinds: Federal loans, Graduate Plus Loans  and Private student loans. They are not arranged or supported by ASU or MLFTC, but between you and the lender. 

Federal student loans

Federal student loans are arranged between you and the federal government. FAFSA required.

Grad PLUS loans

In order to be awarded a Federal Direct Graduate PLUS Loan, you must file a FAFSA. After ASU receives your FAFSA and you have completed all requested items on your My ASU task list, you will automatically be awarded a Federal Direct Graduate PLUS Loan. The amount is usually your estimated cost of attendance minus any other financial aid awarded. Federal PLUS Loans are subject to credit approval and may be denied. 

Private student loans

Private student loans are offered by lenders such as banks or credit unions. Their interest rates are higher than federal loans, and they may require a co-signer. Other requirements vary between lenders.

Loan forgiveness programs

Most states (including Arizona) and the U.S. government offer loan forgiveness programs for teachers. ASU and MLFTC do not arrange or support applications for loan forgiveness.

AZ teacher loan forgiveness

  • The Math, Science and Special Education Teacher Loan Forgiveness Program is offered by the state of Arizona for college juniors and seniors entering the teaching profession in Arizona public schools. These loans are arranged through the Arizona Commission for Postsecondary Education.

US teacher loan forgiveness

  • The U.S. Department of Education oversees two loan forgiveness programs for teachers.

Money you earn

You have several options for earning money while you attend ASU.

Work-study

Federal work-study is a need-based program that encourages community service work related to your course of study. FAFSA required.

Hourly jobs

ASU hourly employment is available throughout the year and new jobs are posted daily. Most student workers are limited to 25 hours per week or fewer.

Off-campus jobs

Off-campus employment opportunities may be available, but are not supported or brokered by ASU or MLFTC.

Education at Work

Education at Work is a nonprofit organization that partners with local employers to fill their customer service staff positions with ASU students.