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College's catalog - Trinity Christian College

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State-Sponsored Programs<br />

21<br />

• up to $5,000 for individuals who agree to teach in a teacher-shortage discipline; or<br />

• up to $5,000 for individuals who agree to teach in a hard-to-staff school; or<br />

• up to $10,000 for individuals who agree to teach in a teacher-shortage discipline at a hard-tostaff<br />

school.<br />

In all cases, the scholarship cannot exceed the cost of attendance. A recipient may receive up<br />

to four semesters or six quarters of assistance. A student must agree to teach for no less than<br />

five years at a non-profit Illinois public, private, or parochial preschool, or an Illinois public<br />

elementary or secondary school. This is a five-year commitment no matter the amount of the<br />

scholarship received. If the teaching obligation is not fulfilled, the scholarship converts to a loan<br />

at a five-percent interest rate and the entire amount received, prorated to the fraction of the<br />

teaching obligation not completed, must be repaid.<br />

The Minority Teacher of Illinois (MTI) Scholarship<br />

The Minority Teacher of Illinois (MTI) Scholarship Program is one of the Teacher Education<br />

Scholarship Programs administered by ISAC. The MTI Scholarship Program encourages<br />

academically talented minority students to pursue careers as teachers at non-profit Illinois<br />

preschool, elementary and secondary schools. The program also aims to provide minority children<br />

with access to more minority role models.<br />

The scholarship awards up to $5,000 per academic year for a maximum of eight semesters or<br />

12 quarters of assistance. A student must sign an agreement promising to begin teaching within<br />

one year for each year of scholarship assistance received at a non-profit Illinois public, private,<br />

or parochial preschool, elementary or secondary school. No less than 30 percent of the enrolled<br />

students should be minority students, as certified by the Illinois State Board of Education. The<br />

student shall teach on a continuous basis for the required period of time.<br />

If the teaching obligation is not fulfilled, the scholarship converts to a loan at a five percent<br />

interest rate and the entire amount received, prorated to the fraction of the teaching obligation<br />

not completed, must be repaid.<br />

Federally Sponsored Programs<br />

Federal Subsidized Stafford Loan Program<br />

Under this program students may acquire educational loans from preferred lenders that are<br />

sponsored by the federal government. This loan is a need-based award. The amounts of this<br />

loan are based on a student’s academic grade level. No interest accrues while the student is in<br />

college. Interest begins to accrue upon repayment. Repayment of the principal and interest begins<br />

six months after leaving college. The interest rate is fixed. Check with the financial aid office<br />

for current interest rates. To apply, students must complete the FAFSA and complete the online<br />

application.<br />

admissions@trnty.edu

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