This study provides insight into selected factors which affect choice of teaching as a career as well as choice of a college. Sixty-one percent of the 142 high school students in the sample who marked teaching as their planned career indicated that scholarships were "very important" to career choice. Thirty-two percent indicated that it was "somewhat important," with seven percent indicating that scholarships were "not important" in career choice. Out of 137 students responding to a question regarding the importance of a loan to attract students into a particular career, 47 percent indicated that loans were "very important", 46 percent indicated that loans were "somewhat important," and only 6 percent indicated that loans were "not important." Financial aid, both scholarships and loans, are important to career choice for those preparing to enter teacher education programs. Further, the data support the reports emphasizing the importance of merit (no need) scholarships. (Author/JD)