Who It’s For: Arkansas residents with loans from a teacher education program who work as a teacher in to help fill a critical teaching shortage, either in terms of location (PDF) or subject matter (PDF).
How to Apply: You will need to create an account on to the Arkansas Department of Higher Education website to apply for this program.
What Loans Qualify: Most federal student loans should be able to qualify for this option.
How Much?: Up to $4,000 per year.
Anything Else I Should Know?: STEP recipients can re-apply each year, for up to a total of three years. STEP recipients must have graduated from a teacher education program after April 2004.