Financial Assistance

Loan Repayment
Student Teaching Grant
TEACH
OHE

Loan Forgiveness

Please see the press release regarding the 2018 applications for the Teacher Shortage Loan Repayment Program and Agricultural Education Loan Repayment Program. Both applications are available on the Online Applications page of the Minnesota Office of Higher Education website.

The 2018 Teacher Shortage Loan Forgiveness Program Report is now available online:

http://www.ohe.state.mn.us/pdf/TSLRP_Report2018.pdf

The report was produced in response to legislation passed in 2015 requiring the Minnesota Office of Higher Education to report annually on the Teacher Shortage Loan Forgiveness Program.

The program is designed to provide student loan debt relief, in the form of repayment awards, to teachers working in shortage areas identified by the Commissioner of the Minnesota Department of Education. To better align with the program’s design, the Office of Higher Education refers to this program as the Teacher Shortage Loan Repayment Program.

Pursuant to Minnesota Statutes 136A.1791 Subd. 9, the report must include the number of individuals who received loan repayments awards, the licensure areas and economic development regions in which the teachers taught, the average amount paid to a teacher participating in the program, and other summary data identified by the commissioner as outcome indicators.
MN Teacher Candidate Grant

The Minnesota Teacher Candidate Grant provides post-secondary financial assistance to eligible students enrolled in Minnesota teacher preparation programs during one term in which the student is completing the required 12-week or more student teaching experience.

On a funds available basis, selected undergraduate and graduate students may receive awards up to $7,500. Applicants must intend to work in an identified shortage area and/or belong to a racial or ethnic group underrepresented in the Minnesota teacher workforce to be eligible.
TEACH grant
The federal government offers the TEACH Grant program, which provides grants of up to $4,000 per year to students who intend to teach in an elementary or secondary school that serves students from low-income families. In exchange for receiving a TEACH Grant, students must agree to serve as a full-time teacher in a public or private school serving low income students for at least four academic years within eight calendar years of completing the program of study for which they received a TEACH Grant. Learn more about the TEACH grant and apply.
General Financial Aid

There are grants and scholarships available that do not need to be repaid. Learn more and apply at the Minnesota Office of Higher Education.

There are also student loans available. See the Minnesota Office of Higher Education for more information.