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Prospective Teacher Scholarship Loan (PTSL)
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| Program Type |
Scholarship-Loan
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| Description |
The Prospective Teacher Scholarship Loan is a competitive, merit-based scholarship-loan program created by the North Carolina General Assembly in 1957. This program was designed to provide scholarship loans to qualified individuals who are pursuing college degrees to become teachers in the public schools of North Carolina.
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| Eligibility |
Applicant must meet the following eligibility requirements: - Be recommended by a school official such as a high school guidance counselor or principal (high school applicants only)
- Have maintained a minimum unweighted cumulative grade point average of a 2.5 or better
- Have received a cumulative score of 900 or better on the SAT (math and critical reading sections only) or equivalent ACT score of 19 (high school applicants only)
- Enroll as a full time student in a teacher preparation program at any of the eligible institutions in North Carolina
- Demonstrate a commitment to pursue a degree to teach in the State's public schools.
The Prospective Teacher Scholarship Loan program no longer provides funding assistance for the following areas of study: - School Psychology
- School Counseling
- School Social Work
- Speech/Language Pathology
- Audiology
- Library/Media Services
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| Value |
The annual award is:- $4,000 per year for juniors and seniors.
- $2,500 per year for freshmen and sophomores and community college students planning to transfer into a teacher education program at a four-year institution.
One half of the award is made available to the recipients in the fall semester and the remainder in the spring semester. Recipients may renew the scholarship-loan up to three years. Funding for the program is contingent each year upon appropriations made available to the State Education Assistance Authority by the General Assembly.
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| Application Procedure |
The application is available through an electronic application, which will be available in mid-December by clicking the application link under the Related Links section below.
The application deadline for the 2010-2011 academic year is April 15, 2010.
All supporting documentation (transcripts, certification forms, test scores) must be postmarked by the application deadline. Faxed copies of supporting documentation will no longer be accepted. Please refer to the Student Portal regularly for up-to-date account information and announcements.
Email is our official form of communication. If you do not have access to the internet at home, the local library is an option.
Please note that students who are current recipients of the Future Teachers of North Carolina Scholarship/Loan (FTNC), the Millennium Teachers Scholarship Loan, the NC Student Loan Program for Health, Science and Mathematics (HSM), the Teacher Assistant Scholarship/Loan (TASF), or the Teaching Fellows Program are not eligible to apply for the PTSL program.
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| Other Information |
The PTSL recipient enters into a contract with the State of North Carolina to work full time as a teacher in the State's public schools. One year of service as a full time teacher (minimum of 9 calendar months in a fiscal year) cancels one year of funding support received. Service repayment must be completed within seven years from graduation. The interest rate for cash repayment is 10% and the cash repayment must be made within ten years of graduation. If you have questions regarding the Prospective Teacher Scholarship Loan, please contact the NCSEAA directly at (800) 700-1775, select option "1" or locally at (919) 549-8614, select option "1".
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| Related Links |
| Teaching Programs in North Carolina
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Participating Schools Baccalaureate Degree
PTSL Current Announcements
PTSL What To Expect
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