All Master of Arts in Teaching (MAT) students are charged in-state tuition. Institutional grants or scholarships are not available for graduate students. Federal loan programs are available and a student may borrow for tuition, fees, books, and living expenses.
Graduate students are considered independent students and they do NOT include parental information on the Free Application for Federal Student Aid (FAFSA).
Financing the MAT Program through Loans
Students in the MAT program are eligible for three different types of loans, two of which are borrowed through the federal government while the other is lent through a private company of your choice. These loan programs are the Federal Direct Unsubsidized Loan, Federal Graduate Plus Loan, and/or Private Alternative Loans. Below is a side by side comparison of the three types of loans.
|Direct Unsubsidized Loan||Direct Graduate Plus Loan||Private Alternative Loans|
|Interest Rate||Fixed 6.6%||Fixed 7.6%||Fixed or variable depending on the lender|
|Origination Fee||1.062%||4.248%||Depending on lender|
|Repayment Options||Eligible for federal repayment plans||Eligible for federal repayment plans||Dictated by your lender|
|Maximum Amount||$20,500||Cost of attendance||Cost of attendance|
|Application Process||File a FAFSA at fafsa.ed.gov||Complete application at studentloans.gov||Apply through the website of the lender of your choice
These may require a co-signer
In general due to ease of application, the softness of credit check, and quality of terms and conditions on the loan, we recommend pursuing these options in the following order: Direct Unsubsidized Loan, Direct Graduate Plus Loan, and finally Private Alternative Loans. If you would like to discuss your individual needs and options, please contact our office to set up an appointment.
Additional Forms for Graduate Students
Resources for MAT Applicants
- Learn About Loans
- Federal Teach Grants
- Central Scholarship Bureau
- Federal Loan Repayment Calculators
- Income Based Repayment
- Teacher Loan Forgiveness
- Public Service Loan Forgiveness
- MD State Teacher Loan Assistance