STEP Students

Stanford Teacher Education Program (STEP) students may apply for aid bridging the two academic years: summer quarter which is part of the 2014–2015 academic year, and autumn/winter/spring quarters 2015–2016. 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.

Costs

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 2015.

STEP Cost of Attendance
  2014-2015 2015-2016
Budget Items On-Campus Summer A/W/S Quarters
Living Expenses (rent/food/personal)
6,735
21,030
Transportation
1,410
4,230
Books and Supplies
490
1,470
Cardinal Care Health Insurance*
1,074
4,680
Campus Health Services Fee
191
591
Non-tuition Expenses
$9,900
$32,001
Tuition
9,570
35,063
Total Costs
 $19,470
 $67,064

*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
  2014-2015 2015-2016
Type of Fund Summer A/W/S Quarters
STEP Fellowship*
500
1,500
Dorothy Durfee Avery Forgivable Loan
-
20,000
Federal Perkins Loan
8,000
8,000
Federal TEACH Grant/Loan
1,236
3,708
Federal Unsubsidized Direct Stafford Loan
9,734
20,500
Federal Graduate PLUS loan
-
13,356
Total financial support
$19,470
$67,064
*Fellowship offers are made by the Stanford Graduate School of Education (GSE) at the time of admission.
This example is for illustration purposes only.
Updated on March 6, 2015 11:59 AM