Financial Aid

An Investment in Urban Teachers is an Investment in Your Future

At Urban Teachers, we understand the enormous value of quality education. Not just the quality education you will ultimately provide to students if you apply to our program, but we understand the immense value of the high-quality education being provided to our participants through our higher education partner. Our teachers complete the program with the skills and experience they need to be highly-effective — an investment not only in their own careers, but their communities, schools and students.

However, while recognizing this value we also appreciate the financial strain that first-class graduate programs like ours may put on some of our aspiring teachers. This is why we remain committed to making this program accessible and have a compilation of financial aid options, including grants, scholarships and loans, available to our teachers. We are also committed to ensuring that, by providing you the best possible coaching and support, you get a return on your investment. You invest in us; we invest in you.

We understand how daunting a $45,000 tuition commitment may seem on top of committing your time and dedication. However, investing in Urban Teachers means investing in your future, as well as the futures of the students you will teach, and we know that your return on investment is well worth the cost.

If you want to dive deeper into your financial options with a recruiter, click below, or keep reading for additional financial aid opportunities.

 

Insights

I am just overwhelmed with gratitude because the UNCF Black Educators Scholarship is going to help me out so much in the next four years. Taking on a grant of thousands of dollars is something unimaginable, honestly. I’m a father so I have to sacrifice time, but now I don’t have to sacrifice the money, as well.

Casey Grimes, Cohort 2020, DC

Financial Aid Options

Apply for Federal Aid: Urban Teachers participants may apply for financial aid for the upcoming academic year by completing the FAFSA prior to the start of summer coursework. For more information, contact the financial aid office at Johns Hopkins University School of Education (Cohorts 2020 and 2021) or American University (Cohort 2022).

Seek an alternative loan: Private educational loans (alternative loans) are credit-based loans provided by nationally recognized lending or banking institutions to eligible students. For more information refer to the information provided by American University and Johns Hopkins University.

Grant and Scholarship Opportunities

Segal AmeriCorps Education Award: Participants who enroll in AmeriCorps may be endorsed by Urban Teachers to receive up to two Segal awards upon completion of Urban Teachers and AmeriCorps requirements. The money, approximately $12,000 over two years, can be used to pay down publicly issued student loans. AmeriCorps members may also put their student loans into forbearance and access separate funds to pay loan interest accumulated while in the AmeriCorps program.

AmeriCorps financial benefits are dependent on congressional appropriations and Urban Teachers partnership with AmeriCorps. As such, these benefits are not guaranteed.

The Teacher Education Assistance for College and Higher Education (TEACH) Grants Program: Provides grants of up to $4,000 per year to students who intend to teach high-needs subject areas in schools that serve students from low-income families. TEACH Grant recipients must teach for at least four academic years within eight calendar years of completing the program of study for which you received a TEACH Grant. All participants of Urban Teachers’ program are eligible to apply.

Loan Forgiveness

Teacher Loan Forgiveness Program: Individuals who teach full time for five consecutive, complete academic years in certain elementary and secondary schools that serve low-income families and meet other qualifications may be eligible for forgiveness of up to a combined total of $17,500 on their FFEL and/or Direct Loan program loans.

Public Service Loan Forgiveness: The Public Service Loan Forgiveness Program is intended to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, borrowers may qualify for forgiveness of the remaining balance of their Direct Loans after they have made 120 qualifying payments on those loans while employed full time by certain public service employers.