Educators for Maine Forgivable Loan

Applicant must be a graduating high school senior, undergraduate, or graduate student who has been accepted into a post-secondary degree program. Applicant must be pursuing initial certification as a teacher, including speech pathology or child care provider qualifications.

Renewable if recipient maintains residence in Maine and a minimum 2.5 GPA.

Recipient must teach in the state of Maine or repay the loan at a fixed 5% interest rate.

Awarded when sufficient funds are available and when qualified applicants apply.

Study areas: education

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Details

Deadline:
May 1
Award type:
Loan
Renewable
Yes
Min. award:
$3,000
Average award:
$3,000
Max. award:
$3,000
Awarded anualy:
No
Unlimited awards:
No
Repay required:
No

Other criteria

Min. GPA:
3
Max. GPA:
4

Misc.

Enrollment level:
College freshman
Country:
United States
State:
Maine
Major:
Education

Contact Information


Finance Authority of Maine
5 Community Drive, P.O. Box 949 Augusta, ME 04332 United States
Phone: (800) 228-3734
Fax: (207) 623-0095