STEP Students

Overview

Students in the School of Education's STEP (Stanford Teacher Education Program) may apply for aid bridging the two academic years: summer quarter which is part of the 2011-2012 academic year, and autumn/winter/spring quarters 2012-2013. 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 and School of Education Fellowship funds and outside fellowship funds, may not exceed the individual student cost of attendance for the program.

Costs

Use this Budget Sheet (xlsx) as a tool to create your personal budget.  The information below is provided to illustrate a typical STEP student’s costs and resources.

STEP Cost of Attendance

	2011-2012	2012-2013
Budget Items On-Campus	Summer	A/W/S Quarters
Living Expenses (rent/food/personal)	6,140	19,005
Transportation	1,335	4,155
Books and Supplies	630	1,950
Cardinal Care Health Insurance*	846	3,200
Campus Health Services Fee	173	537
Non-tuition Expenses	$9,124	$30,192
Tuition	8,680	31,630
Total Costs	$17,804	$61,822

*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

	2011-2012	2012-2013
Type of Fund	Summer	A/W/S Quarters
SUSE Fellowship*	500	1,500
Dorothy Durfee Avery Forgivable Loan	-	15,000
Federal Perkins Loan	6,000	6,000
Federal Subsidized Stafford Loan**	8,500	0
Federal TEACH Grant/Loan	1,333	4,000
Federal Unsubsidized Direct Stafford Loan	1,471	20,500
Federal Graduate PLUS loan	-	14,822
Total financial support	$17,804	$61,822
*Fellowship offers are made by the Stanford University School of Education at the time of admission. This example is for illustration purposes only. **This federal program is no longer available for graduate students in the 2012-2013 academic year.