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Prospective Teacher Scholarship Loan (PTSL)
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| Program Type |
Scholarship-Loan
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| Description |
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 |
The Prospective Teacher Scholarship Loan is a competitive, merit-based scholarship-loan program available to full-time students who have chosen to enter the education profession. Current undergraduate students and current high school seniors may apply. A school official such as a high school guidance counselor or principal must recommend high school students for this award. Recipients must have maintained a minimum unweighted cumulative grade point average of a 2.5 or better, received a score of 900 or better on the SAT or equivalent ACT score of 19 (high school applicants only), enroll in a teacher preparation program at any of the eligible institutions in North Carolina, and plan to pursue a degree in teacher education to become a certified teacher and demonstrate a commitment to teach in the State's public schools.
The Prospective Teacher Scholarship Loan program will no longer provide funding assistance for the following areas of study: School Psychology, School Counseling, Speech/Language Pathology, Audiology, and Library/Media Services. Any student receiving funding for these disciplines in prior years will remain eligible for service cancellation in these areas. Contact the PTSL Manager at NCSEAA if you have questions.
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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 PTSL application deadline for the 2008-09 academic year of April 6, 2008 has passed. Award decisions and other notifications will be emailed to applicants within the month. Please refer to the Student Portal for up-to-date account information and announcements.
Please note that students who are current recipients of the Future Teachers of North Carolina Scholarship/Loan (FTNC), the Physical Education - Coaching Scholarship/Loan (PEC), 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 that have not been answered on this site, 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
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