Students who demonstrate financial need can expect financial assistance from the program, either in the form of a general grant or an MAT administered endowed scholarship including the Graduate Education Scholarship, the Kegley-Pfeiffer Prize, and the Sulzberger Award. MAT has also been very successful in helping students secure outside support. In the past several years those awards have included: The James Madison Junior Fellowship in the amount of $18,000; the Wallace-Wade Scholarship in the amount of $9,000; and the Knowles Science Teaching Fellowships which provide financial and ongoing professional development during the MAT year and beyond.

To help defray the cost of living during the internship, all MAT students receive a monthly stipend for their work in Durham Public Schools.

The same need-based criteria used for federal financial aid is used by MAT in making awards. In order to demonstrate financial need, students must complete the Free Financial Aid Form. All financial aid decisions for the coming academic year are made by May 1. In order to be included in the financial aid applicant pool, admitted students must have the completed form returned from the federal government prior to April 15.

Additionally, applicants who wish to be considered for any of the scholarships, fellowships or stipends paid through the MAT Program should submit a MAT Financial Aid Application directly to the MAT office.