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About Financial Aid
Learn strategies for financing your education, from finding scholarships to exploring loan forgiveness.
Learn strategies for financing your education, from finding scholarships to exploring loan forgiveness.

Cost-Saving Strategies

There are many opportunities to reduce or eliminate your preparation expenses.

  • Apply for scholarships and financial aid
  • Explore loan forgiveness programs
  • Apply for teacher preparation scholarships
  • Start your preparation at a community college
  • Prepare to teach while in undergrad
  • Earn a salary while completing your coursework

Not sure where to begin? Get personalized advice.

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If you want help finding scholarships and financial aid you're best suited for, schedule a free 1-on-1 coaching call.

When you sign up, you'll get access to a checklist app that keeps track of application deadlines and best practices, and fee rebates of up to $100.

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Key vocabulary

All this money talk can get confusing. Here are some key terms to help you get started.

A scholarship is a direct payment made to the student or the institution that student is attending. It is a set amount of funds awarded on the basis of academic or other achievement or financial need, along with demonstrated success and interest in specific areas defined by the scholarship.

In some cases, these scholarships can come in the form of a forgivable loan, which is paid out like a scholarship to individuals committed to teaching for a certain number of years, in a particular subject or in a low-performing school. However, if you do not fulfill all the requirements of the program within the allotted time, these "scholarships" can be reclaimed and you will have to pay the money back (just as you would a loan). The North Carolina Teaching Fellows program is one such program.

  • Scholarships
  • Grants
  • Loans
  • Loan Forgiveness
  • Eligibility
  • Application Process

Frequently Asked Questions

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