• You have many options for paying for your bachelor’s degree

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

ImportantFilling 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. Although you will not need current-year tax records to complete the FAFSA, you will need past year's documentation.

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. Keep reading to learn more. 

If you are a junior, senior or graduate student, and are going to teach in a classroom within the state of Arizona, 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

MLFTC scholarships 

Many 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 scholarships are available only through our college. You are not automatically considered for these awards and must submit an application after admission.

Schmidlin scholarship

The Marilyn and James Schmidlin Scholarship for Educators is a need-based scholarship available only to incoming freshmen in MLFTC who have been admitted to ASU. An ASU ID number is required to access the application.

Family Spirit scholarship

The Family Spirit Scholarship is available to full-time undergraduate MLFTC students on ASU’s West campus only. A 3.0 or higher GPA is required.

Eloise & Gene Koonce Excellence in Education scholarship

This fund is established by Eloise Koonce who is a retired k-12 educator in physical sciences and her husband Gene Koonce is retired from the petroleum industry. They both appreciate the work of ASU to improve teacher preparation in STEM initiatives.

Teres Campolongo Memorial scholarship fund

This fund was established in memory of Chris Campolongo's mother, Teresa Campolongo. Candidates must have a 3.25 GPA, should be an entering junior or senior student and should have a preference for teaching secondary education.

Mary Ann Graham Johnston Memorial scholarship

This scholarship is for undergraduate or graduate degree-seeking students in a teacher certification degree. Preference is for single parents. 

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

This kind of aid comes from loans. They are not arranged or supported by ASU or MLFTC, but between you or a parent or guardian and the lender. There are three kinds: Federal, Parent Plus and Private.

Federal student loans

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

Parent PLUS loans

Federal parent loans — usually called Parent PLUS Loans — are between a parent or guardian and the federal government. FAFSA required.

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.