Students in high school or college who are planning to teach or work in school administration in the Indiana have until Jan. 31 to apply for one scholarship and two teaching stipends.

The Indiana Commission for Higher Education is encouraging students to act quickly, as there is limited funding available. All three financial aid opportunities can be applied for at scholartrack.in.gov.

Those opportunities are:

The Next Generation Hoosier Educators Scholarship, which provides 200 high-achieving high school and college students interested in pursuing a career in education the opportunity to earn a renewable scholarship of up to $7,500 each year during up to four academic years. In exchange, students agree to teach for five years at an eligible Indiana school or repay the corresponding prorated amount of the scholarship. The commission will review all applications and notify applicants of their scholarship status via email by March 18. For instructions on how to apply and for a list of eligibility requirements, visit learnmoreindiana.org/futureteacher.

The Earline S. Rogers Student Teaching Stipend for Minorities is available to minority students (defined as Black or Hispanic and Latino individuals) who plan to participate in student teaching or a school administration internship as part of their degree requirements during the semester they receive the stipend. The maximum amount a student may receive is $4,000. Priority will be given to student teaching applicants.

The Student Teaching Stipend for High-Need Fields is available to students who plan to teach special education (any grade), middle school math, middle school science, high school math or high school science. The maximum amount a student may receive is $4,000.

For information about state financial aid, contact the commission at 888-528-4719 or [email protected].