Awards range from $250 up to $2,500 per academic year with the total borrowed not to exceed $5,000. Marquette selects eligible students and determines each student's loan amount.
The interest rate is a fixed rate of 5 percent. If the student teaches in an eligible school district, 25 percent of the loan may be forgiven for each year of teaching. Forgiveness may only be applied for teachers holding a bachelor's degree and licensed by the Wisconsin Department of Public Instruction. The student must send verification of employment in an eligible district to HEAB.
Award is renewed only if the student completes all necessary forms, continues to meet eligibility requirements, and funds are available at the time that the application is completed.
The Office of Student Financial Aid provides undergraduate and graduate students with resources about types of financial aid and student employment.
FAFSA School Code: 003863
Questions or for more information, contact the Office of Student Financial Aid