Each day we see the realities of educational inequity juxtaposed against the concrete evidencethat when students in low-income communitiesare given opportunities they deserve, they excel.

Finances

Recognizing that people have different financial obligations, Teach For America is committed to providing benefits and resources to help make the corps a viable option for everyone.

Achieving financial security as a corps member Managing costs during the transition Building a foundation
for the future		 Scholarships

Achieving financial security as a corps member

  • Corps members are school district employees receiving the same salaries and benefits as other beginning teachers. Salaries range from $27,000 to $47,500, depending on the region where corps members teach.
  • Corps members are eligible for loan forbearance, a period of time during which they are permitted to temporarily put off making regular monthly payments.
  • Corps members are also eligible for AmeriCorps to pay up to 100 percent of the interest that accrues on their federal student loans during the two-year commitment.

Managing costs during the transition

  • Teach For America offers no-interest loans and grants ranging from $1,000 to $6,000 to help cover travel to the summer training institute and to the region where corps members will teach, student loans, and other financial obligations.
  • Teach For America provides housing and food during the summer training institute.

Building a foundation for the future

  • Teach For America is currently a member of AmeriCorps, the national service network. All corps members who have not previously received two AmeriCorps awards receive an education award of $4,725 at the end of each year of teaching, totaling $9,450 over two years, which they use to pay for graduate school costs, educational training, or repayment of qualified student loans.1
  • Some state and federal agencies offer loan cancellation programs for corps members who complete their two-year teaching commitment.

Scholarships
Many of our 200 graduate schools partners – including top-ranked programs in business, law, medicine, sciences, engineering, public policy and education – award scholarships to Teach For America alumni. Some of the scholarship opportunities for our alumni are included below:



back to top