10 Ways Teachers Can Get Money for Grad School

Master of Education Resources Updated February 16, 2017

For classroom teachers, earning an advanced degree can be an amazing way to invest in yourself, but it’s important to think strategically about where to get the money for grad school. Carefully pursuing the right mix of scholarships, grants and loans can open the door to a master’s degree in education or even an Ed.D.—credentials that are a must if you want to enhance your earning power or take on formal leadership roles within your school or district.
Teacher Scholarships and Grants

Financing options to consider

The right financing options can also free you from the burden of taking on extra work to cover tuition, an important consideration for busy teachers who are already juggling professional and family obligations. Not sure what kinds of financial aid options are out there? Here are 10 resources to get your search started:

Funds for Teachers

Kind of award: varies by program

An important information portal for educators seeking funding, Funds for Teachers allows applicants to design their own professional development funding proposals within the context of numerous programs. Specifics vary by state, location and specific program, but scholarships and fellowships are prominent throughout. Since 2001, the organization has awarded nearly $18 million to over 5,000 teachers.

Learn more at their site.

Harry Passow Classroom Teacher Scholarship

Kind of award: scholarship

This scholarship, offered through the National Association for Gifted Children, offers to defray or reimburse the costs of continued professional development for up to two educators currently engaged in teaching gifted K-12 students each year. Applicants must be able to provide anecdotal evidence of teaching excellence from students, parents or administrators as well as evidence of acceptance into an accredited graduate education program or certificate program focusing on teaching gifted students.

Potential applicants can learn more by visiting the scholarship’s website.

Maley/FTEE Scholarship

Kind of award: scholarship

The International Technology and Engineering Educators Association sponsors this annual $1,000 scholarship to support graduate study for teachers dedicated to increasing positive outcomes in technology and engineering education. Applicants must be members of the association and currently teach technology or engineering at any grade level.

The deadline for submitting applications is typically December 1. Visit their site to find more information.

Mathematics Study & Professionalism Grants for Teachers Grade PreK-6

Kind of award: grant

This grant represents a significant funding opportunity for teachers who are members of the National Council of Teachers of Mathematics and currently engaged in mathematics instruction in grades PreK-6 within a school that also holds membership within the council. Applicants may apply for up to three years of funding, or a total of $24,000 to further graduate study and professional development.

For more information, visit the grant’s webpage.

Segal Americorps Education Award

Kind of award: stipend

Americorps volunteers who signed up for an education award and have successfully completed their term of service are eligible to receive a Segal Americorps Education Award. The amount of this stipend varies by year and is tied to the maximum amount currently available to individuals under the U.S. Department of Education’s Pell Grant grant program.

Educators can learn more by visiting Americorps online.

James Madison Memorial Foundation

Kind of award: fellowship/grant

The James Madison Memorial Foundation offers one $24,000 fellowship per state to exceptional applicants who wish to pursue a graduate-level education program that will allow them to become outstanding teachers of the American Constitution at the secondary school level. Applicants only compete against others from their state of residence.

More information is available through the foundation’s webpage.

Knowles Science Teaching Foundation

Kind of award: fellowship/grant

This fellowship opportunity is open to teachers in high school biological and physical sciences as well as high school mathematics instructors. Applicants must have a recent content degree, have a high degree of subject knowledge, and be able to demonstrate the potential for developing effective teaching methods. The application deadline varies, but closes in September.

For more information, visit the foundation’s webpage.

Teacher Professional Development Grants Grades 6-8

Kind of award: grant

Teachers with at least three years of mathematics instruction experience in grades 6-8 who are also members of the National Council of Teachers of Mathematics may apply for this $3,000 professional development grant. Applicants must be employed by a school that holds a membership in the Council.

For more information, visit the grant’s webpage.

Ford Foundation

Kind of award: fellowship/grant

The Ford Foundation seeks to support applicants with noteworthy academic backgrounds who wish to teach at the college and university level in order to increase the diversity of faculties at U.S. institutions of higher learning. Applicants must be U.S. citizens and committed to a career teaching in higher education settings.

For more information, visit the Ford Foundation’s website.

ITEEA/FTEE Grant

Kind of award: grant

The Foundation for Technology and Engineering Educators (FTEE) and the International Technology and Engineering Educators Association (ITEEA) partner together to award applicants present in the annual ITEEA Annual Conference. These awards support programs and teachers who have demonstrated success in integrating technology and engineering education within their school curricula.

Interested educators can learn more by visiting the grant webpage.

One way to start your search

The U.S. Government’s Federal Student Aid Program page is an excellent place to begin exploring your grad school financing options. Consider it your one-stop site for learning about some of the largest financial aid programs in existence. The site contains extensive FAQ information and, perhaps most importantly, functions as a portal for completing your Free Application for Student Aid (FAFSA) form—a prerequisite for taking advantage of federally backed aid options.

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