STAR Forgivable Loan for Future Teachers
The Arkansas State Teacher Assistance Resource (STAR) provides forgivable loans to students pursuing an education degree leading to an initial teacher licensure. Recipients must teach in designated subject and/or geographical critical shortage areas in Arkansas public schools after completion of licensure requirements.
A student may be eligible for a STAR Forgivable Loan for a maximum of 2 years (if in a 4-year program) or 3 years (if in a 5-year program) or until licensure requirements are completed, whichever comes first. STAR funds are paid to the recipient’s college or university for each term awarded.
The recipient is eligible for a maximum of $6000 per year by committing to teach in an Arkansas public school located in a geographical area designated as having a critical shortage of teachers AND in a subject matter area designated as having a critical shortage of teachers.
The recipient is eligible for a maximum of $3000 per year by committing to teach in an Arkansas public school located in a geographical area designated as having a critical shortage of teachers OR in a subject matter area designated as having a critical shortage of teachers.
To be eligible for a STAR Forgivable Loan, the applicant must apply by June 1, submit official college transcripts, and:
- Be a citizen of the United States or permanent resident alien
- Be an Arkansas resident for at least six (6) months prior to the application deadline
- Have at least a 2.75 cumulative grade point average
Have at least thirty (30) semester credit hours
- Pursue an education degree leading to an initial teacher licensure and meet at least one of the following criteria:
- Admitted to an Associate of Arts in Teaching program
- Admitted to a 4-or-5 year teacher education program
- Admitted to a Master of Arts in Teaching program
- Passed Praxis 1 AND declared education as a major
- Be enrolled in twelve (12) hours per semester if an undergraduate student or nine (9) hours per semester if a graduate student
- Commit to teaching in a subject and/or geographical shortage area in an Arkansas public school one year for each year of STAR funds received after completion of education degree
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