Participant Finances
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Benefits
Full scholarship to all participants that complete UTC’s four year program—UTC and its school partners invest well over $30,000 in the recruitment, preparation and on-going development of each UTC participant. UTC participants commit to teaching in a UTC partnering school for four years; as a financial incentive, UTC waives the $30,000 preparation fee for graduates who complete this commitment. The cost of the dual degree with Lesley University is included in the $30,000 preparation fee. For each of the four years of teaching completed, one fourth of the $30K program tuition is waived. Only graduates who do not complete the teaching commitment are billed for preparation fees— UTC does not ask for an up front payment from residents.
Health Benefits (Year 1): UTC participants are eligible for free health benefits during the first year of the program.
Student Loan Deferral (Year 1): As full-time graduate students, participants with preexisting student loans may defer payment during the first year of the UTC program. UTC participants may be eligible for loan forgiveness for working in Title I or high needs schools.
Full Teacher Salary and Benefits (Years 2-4): UTC participants receive full teacher salaries and full benefits from their partner school districts or charter management organization starting in year two of the program. In Baltimore and DC, the starting salary ranges from $45,000-$53,000. In both DC Public Schools and Baltimore City Public Schools, teachers receive salary increases for a Master’s and for performance. UTC teachers will earn more money and faster because they are effective.
Costs
Cost of Living: All UTC participants are responsible for their cost of living expenses, materials and technology—all expenses that can be covered in a federal student loan during year 1 of the program. All applicants are encouraged to complete a “Free Application for Federal Student Aid” or FAFSA. Questions about federal student aid should be directed to the Lesley University Financial Aid Office at www.lesley.edu/financial or finaid@lesley.edu. Lesley University’s School Code is 002160. You can fill out a FAFSA starting January 1 for the academic year that begins in June. If you are an AmeriCorps alum, you can use your Education Award towards these expenses.
Regulatory and Industry Fees: UTC applicants and residents are responsible for industry related fees including, but not limited to: Praxis I and Praxis II registration, testing and score reporting, and state mandated public school fingerprinting and background checks.
