Forgivable Loans Available to McKay School Students
TH Bell Teacher Incentive Loan
The Terrel H. Bell Teacher Incentive Loan is established as part of a state-sponsored program designed to encourage students to obtain a teaching license and teach in Utah. Accordingly, the TH Bell loan is forgivable on a one-to-one ratio (1:1), meaning that for every year a recipient teaches in Utah, a year of the loan is forgiven. Forgiveness of the loan does not begin until a student graduates; thus time spent while student teaching or on an internship does not count toward loan forgiveness.
A qualifying undergraduate student must be a resident of Utah or have completed 60 credits while attending college in Utah. A student must be accepted into a teaching program before applying for a TH Bell Loan.
Although the Education Advisement Center makes every effort to ensure the accuracy of the information found on this website, we reserve the right to make changes at any time. Students should regularly consult with their department, college advisement center, the university catalog, and the Education Advisement Center for updates and changes.