STEP Students
Stanford Teacher Education Program (STEP) students may apply for aid bridging the two academic years: Summer Quarter which is part of the 2023–2024 academic year, and Autumn/Winter/Spring Quarters 2024–2025. 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 either the Dorothy Durfee Avery Forgivable Loan or GSE Forgivable Loan. This may be combined with a federal TEACH Grant, Cal Grant and/or Golden State Teacher Grant based on eligibility.
The combination of all resources available, including federal and private loans, Cal Grants, TEACH Grants, Golden State Teacher 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 and make your decision about how much to borrow. 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 2024.
2023-2024 |
2024-2025 |
|
|---|---|---|
| Budget Items On-Campus | Summer | A/W/S Quarters |
| Living Expenses (rent/food/personal) | 9,875 | 34,500 |
| Transportation* | 1,910 | 5,850 |
| Books and Supplies | 180 | 540 |
| Cardinal Care Health Insurance** | 1,782 | 7,620 |
| Campus Health Services Fee | 251 | 783 |
| Testing Fees | 102 | 396 |
| Tuition | 8,904*** | 46,845 |
| Total Costs | $23,004 | $96,534 |
*The transportation allowance for STEP students is higher than for other graduate students in recognition of the travel expenses related to student teaching.
**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. Insurance coverage is subject to applicable state form and rate filing approval and, once approved, to the terms of the Master Policy. Pending approval from the state insurance department, the 2024–25 rate described here are preliminary. Should the state require changes, this posting will be updated to reflect them.
***Summer tuition is based on 7 units of enrollment. International students are required to enroll in 8 units during the summer quarter, which increases the cost of summer tuition. Tuition rates can be found on the Student Financial Services website.
2023-2024 |
2024-2025 |
|
|---|---|---|
| Type of Fund | Summer | A/W/S Quarters |
| STEP Fellowship* | 500 | 1,500 |
| Avery or GSE Forgivable Loan | - | 35,000 |
| Federal TEACH Grant/Loan | 943 | 3,772 |
| Federal Direct Unsubsidized Loan | 20,500 | 20,500 |
| Federal Direct Graduate PLUS Loan | 1,061 | 35,762 |
| Total Financial Support | $23,004 | $96,534 |
| *Fellowship offers are made by the Stanford Graduate School of Education (GSE) at the time of admission. This example is for illustration purposes only. |
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