Financial Aid Programs
Masters in Special Education

Daemen University/TTI provides guidance, information and access to many
financial aid and loan forgiveness options.

Stafford (Student) Loans

Apply through (See below for instructions). Students may be eligible to receive a maximum loan of $20,500. Eligibility is not dependent on income, but based on the financial aid cost of attendance. Please note that you will be charged interest from the time the loan is disbursed, to the time the loan is repaid in full. The interest rate is set by the Federal Government.

FAFSA Application Process
  1. Students may apply online at, or call 1-800-433-3243 to request a paper application. The application should be completed ASAP, prior to registration at Daemen University. The Daemen College code is 002808.
  2. Complete and submit FAFSA applications.
  3. Applications are processed by the state and forwarded to Daemen University electronically
  4. Daemen University’s Financial Aid Office determines students’ financial aid eligibility and notifies them with an award letter. Students will receive 2 copies of the award letter (one copy for the student and one copy to return to the Daemen University Financial Office). The award letter allows the students to accept or decline their financial aid.
Loan Forgiveness Program

The Federal Student Loan Program offers a loan forgiveness opportunity for teachers who have been teaching full-time in a low income school for 5 consecutive years, in grades Pre-1A through twelfth grade. A Special Education teacher may receive up to $17,500 in loan forgiveness. Eligible teaching may include working as a P3 provider in a school setting or working for an agency such as Tree of Knowledge or Catapult. Upon completion of their 5 years of teaching, eligible students complete an application and submit it to their loan provider (printed on all repayment statements.)

Students with a Stafford Loan who are currently teaching (and working toward accumulating 5 consecutive years), are eligible to apply for either a loan forgiveness forbearance or deferment, which will defer loan repayment while the student completes the 5 consecutive-year obligation. Once the 5-year obligation is met, students may apply for loan forgiveness. Please note that interest will accrue over the 5 years of teaching.

Loan cancellation and loan forbearance applications may be accessed through your lender, or online at You may call the TTI Hotline at 877-RING-TTI ext. 11 for further information and applications.

Public Service Loan Forgiveness
The Public Service Loan Forgiveness Program was created to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, you may qualify for forgiveness of the remaining balance due on your eligible federal student loans after you have made 120 payments on loans under certain repayment plans while employed full time by certain public service employers. A qualifying position may include working for a non-profit organization that offers early childhood education. Please visit for more information.
Teach Grant Program

Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. In exchange for receiving a TEACH Grant, you must agree to serve as a full-time teacher in a high-need field in a public or private elementary or secondary school that serves low-income students. As a recipient of a TEACH Grant, you must teach for at least four academic years within eight calendar years of completing the program of study for which you received a TEACH Grant.

IMPORTANT: If you fail to complete this service obligation, all amounts of TEACH Grants that you received will be converted to a Federal Direct Unsubsidized Stafford Loan. You must then repay this loan to the U.S. Department of Education. You will be charged interest from the date the grant(s) was disbursed.

Students who wish to apply for the TEACH Grant should first complete their FAFSA application. After the FAFSA has been approved a student can go online at and sign an ATS. (Agreement to Serve) and complete the TEACH Grant Counseling to receive the Grant funds. Please go to the ATS website for more information.

E.I.P. Scholarships
The NY State Child Care Education Incentive Program provides scholarships to matriculated students in Early Childhood Masters programs. If eligible, students may receive up to $2,000 in total awards annually. This scholarship is based on income and employment. To receive an EIP application and information booklet call 800-295-9616 or e-mail In addition, you may apply online here
U.C.T. Scholarship
The UCT is a fraternal benefit society which offers a yearly grant of up to $2,500 for teachers of people with intellectual disabilities (mental retardation). Please note that historically, applicants have received grants of about $300. If you are currently working with the intellectually disabled population or will work with them in the future, you are eligible to apply. You will need to complete an application and submit your resume to UCT. Applications can be downloaded from the UCT’s website; www. or by calling the TTI hotline, 877-RING-TTI ext. 11
“$17,500 of my federal student loans were forgiven after working for five years.”

- T. S.

“I have worked in a school for 10 years now, first as a co- teacher and then as a teacher for 5 years. I received loan forgiveness about 5 years from graduation.”

- E. R.

“Like many people, I was concerned about my course tuition. Daemen University’s assistance with the loan – forgiveness program put my mind at ease. It was truly a lifesaver!”

- E. K.

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