An education is one of the best long-term investments you can make in your future, and borrowing is one way to fund that investment. With careful planning, a loan can be a smart decision for you and your family, as many educational loans have more favorable terms than other consumer loans (such as car loans or credit cards). However, since all loans must be repaid, you should only borrow what you need.
Learn more about available student loans:
All federal financial aid is managed by the central DU Office of Financial Aid, located in University Hall Room 255.
For assistance with your federal financial aid, contact a Graduate Financial Aid Advisor at (303)871-4020 or firstname.lastname@example.org.
Student Loan Repayment
Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education TEACH Grant Program that provides substantial grants to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. In exchange for receiving a TEACH Grant, you must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students and teach for at least four academic years within eight calendar years of completing the program of study for which you received a TEACH Grant.
Loan Forgiveness Program for Teachers
The Teacher Loan Forgiveness Program is intended to encourage individuals to enter and continue in the teaching profession. Under this 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 in principal and interest on their FFEL and/or Direct Loan program loans.
Public Service Loan Forgiveness
If you are employed by a government or not-for-profit organization, you may be able to receive loan forgiveness under the Public Service Loan Forgiveness Program. Learn more.
Work-study is a need-based financial aid award that allows you to work on campus (or with an approved off-campus employer) to earn money to help pay for educational expenses. It’s not a grant (because you must work to earn it), and it’s not a loan (because you don’t have to repay it). You can only apply for work-study positions if you have this award as a part of your financial aid package and you must be enrolled at least half-time (4 credits) to use it. If you were not awarded work-study, visit Student Employment for other job opportunities.
To learn more about DU work-study visit the DU website.
Find a job on or off campus.
Employer Tuition Benefits
You may be eligible for employer tuition benefits through your company or organization. Please contact your Human Resources department for more information. CU employees, spouses or dependents may be eligible for a tuition waiver.
If you, your spouse or parent is currently serving in the military or is a veteran, you may quality for military benefits.
Applying for Federal Financial Aid
To be eligible for grants, scholarships, loans, or student employment positions at Morgridge College of Education, you must complete the following steps: