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PDK Hawai'i Willis B. Coale Scholarship

The PDK Hawai'i Chapter 0067 offers annually a scholarship of $500 in honor of Willis B. Coale to a graduate student in the field of education. Applicants must be a standing member of PDK Hawai'i chapter 0067 as of April 15, 2011. Candidates are asked to submit a statement describing how candidate exemplifies three goals of PDK--service, research, leadership; résumé; Notification of acceptance into advanced degree program; and two letters of recommendation for consideration. Interested candidates are strongly encouraged to read the full application directions at http://www.hawaii.edu/pdknews/scholarship_Coale.html. Application Deadline: May 1, 2012

California State University Chancellor's Doctoral Incentive Program (CDIP)

Through the Chancellor's Doctoral Incentive Program (CDIP), the California State University (CSU) provides financial assistance in the form of a student loan to a limited number of individuals pursuing doctoral degrees. The program seeks to provide loans to doctoral students who are interested in applying and competing for CSU instructional faculty positions after completion of the doctoral degree. Loans available in amounts of up to $10,000 per year up to a total of $30,000. The loans obtained through this program are repayable over a 15-year period, commencing one year after completion of or withdrawal from full time doctoral study. If a participant applies, competes for, and is hired in a CSU instructional faculty position after completion of the doctoral degree, 20 percent of the loan will be forgiven for each year of full-time postdoctoral teaching employment in the CSU. Part-time teaching in the CSU may also be considered for partial loan forgiveness, if the participant teaches at least half-time and has successfully completed the doctorate degree.

New or continuing full-time students who will be in doctoral programs at accredited universities anywhere in the United States during the 2012/2013 academic year are invited to apply for a loan from the Chancellor's Doctoral Incentive Program. Detailed information on this program.

Public Service Loan Forgiveness Program:

The College Cost Reduction and Access Act of 2007 established a new public service loan forgiveness program. This program discharges any remaining debt after 10 years of full-time employment in public service. The borrower must have made 120 payments as part of the Direct Loan program in order to obtain this benefit. Only payments made on or after October 1, 2007 count toward the required 120 monthly payments. (Borrowers may consolidate into Direct Lending in order to qualify for this loan forgiveness program starting July 1, 2008.) More information. There is also a 21-page law review article posted on the page that details income-based repayment and public service loan forgiveness.

Schools First Federal Credit Union:

The SchoolsFirst Federal Credit Union has established a Higher Education Loan to SchoolsFirst FCU Members as they pursue master's or doctoral degrees. More information.