Stanford Teacher Education Program (STEP) students may apply for aid bridging the two academic years: Summer Quarter which is part of the 2021–2022 academic year, and Autumn/Winter/Spring Quarters 2022–2023. 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 Grants, 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, STEP Fellowship funds and outside fellowship funds, may not exceed the individual student cost of attendance for the program.
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 2022.
|Budget Items On-Campus||Summer||A/W/S Quarters|
|Living Expenses (rent/food/personal)||8,680||30,705|
|Books and Supplies||330||1,035|
|Cardinal Care Health Insurance*||1,548||6,768|
|Campus Health Services Fee||232||723|
*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.
|Type of Fund||Summer||A/W/S Quarters|
|Avery or GSE Forgivable Loan||-||30,000|
|Federal TEACH Grant/Loan||1,257||3,772|
|Federal Direct Unsubsidized Loan||18,882||20,500|
|Federal Direct Graduate PLUS Loan||0||31,913|
|Total Financial Support||$20,639||$87,685|
|*Fellowship offers are made by the Stanford Graduate School of Education (GSE) at the time of admission.
This example is for illustration purposes only.