The Arkansas Department of Higher Education (ADHE) oversees several Teacher Education Loan/Grant programs in the state. One is the Minority Masters Fellows (MMF) program.
The Minority Masters Fellows (MMF) Program provides forgivable loans to African-American, Hispanic, Asian American, and Native American students seeking a master’s degree in education in a field other than administration. MMF recipients may receive $1,250 per three (3) graduate credit hours enrolled, with a maximum award of $3,750 per semester. The maximum lifetime award is $7,500. Students may receive funds until the student has received the maximum award of $7,500, or until the master’s degree is complete, or for a maximum of three (3) years, whichever comes first.
MMF recipients must commit to teaching full-time in an Arkansas public school or public institution of higher education for two (2) years for total forgiveness of the loan. This shall be in addition to any teaching obligation the fellow may have to fulfill based on receipt of other ADHE forgivable loans received in pursuit of a bachelor’s degree.
Go to www.adhe.edu to download an application to be mailed to ADHE and for additional information on the program. (Just click on the financial aid links and then scroll down to the Minority Masters Fellows program.)
The deadline for applications is June 1, 2008.
Direct questions to ADHE at (501) 371-2050, (800) 547-8839 or finaid@adhe.edu