Costs

Tuition and financial support

Our teacher residency program offers an immersive, transformative experience with lifelong impact. Financing your education is an investment in your future, and we’re here to help guide you through the process.

The majority of our students fund their teacher residency experience through a combination of scholarships, financial aid, and loans, as well as financial resources earned through their teacher residency. If you have specific questions, our Financial Aid office is open five days a week; we encourage you to contact us at any time.

Financing your degree

Merit-based scholarships

One hundred percent of this year’s enrolled cohort received an NYU Steinhardt scholarship. By applying to the MAT program, you will be considered for scholarships that range from $5,000 to $20,000.

Need-based scholarships, financial aid

Most graduate students are eligible to receive up to $41,000 in federal loans over the course of their teacher residency. To be considered, you must complete and submit the Free Application for Federal Student Aid (FAFSA) for each year you participate in the program. The institution code number for New York University is 002785. 

Regardless of your financial situation, we encourage you to submit your FAFSA application as soon as you have applied to the teacher residency program. Do not wait until you receive an admissions decision, as it may result in delays in your financial aid package or result in loss of scholarship eligibility.

District and charter scholarships, stipends, wages, and benefits (applicable only to full-day residency)

Our partners are responsible for a tuition scholarship (or subsidy) as part of your commitment to them in the full-day residency. You will also earn $25,000 – $50,000 to help offset academic and living expenses. Financial support from our district and charter partners will vary; explore our residency partner locations to learn more about the stipends, wages, and other benefits where full-day residencies are available. 

Service grants, awards, and loan forgiveness 

There are a number of additional resources available at the federal, state, and local levels for current students and postgraduate professionals, including:

• TEACH Grant (federal) – Students who are committed to teaching a high-need (Title 1) school for four years post-graduation may be eligible for a grant of up to $4,000. This is awarded during their residency year.
• Teachers of Tomorrow (NY State) – New York teachers in their second through fifth years of their teaching career may be eligible for an annual award.
• Teacher Loan Forgiveness Program (federal) – Teachers may be eligible to receive up to $17,500 in loan forgiveness after five years teaching in a Title 1 school.

Tuition and fees

Summer 2023 cost per credit is $2,020. Fall 2023, Spring 2024, and Summer 2024 cost per credit is estimated to be $2,101. Costs may be associated with the number of credits for each of the two degrees available. 

• Total estimated tuition cost for MAT, Inclusive Childhood Education (dual degree, 34 credits) – $70,948
• Total estimated tuition cost for MAT, Secondary Education (30 credits) – $62,666

In addition to tuition, you also pay registration/student service fees based on the number of credits per term per degree program. The Board of Trustees of New York University reserves the right to alter the fee schedule without notice.

Understanding out-of-pocket cost

As you consider your investment in the teacher residency program, we encourage you to factor in resources available to offset the cost of tuition and fees. While each individual’s circumstances are unique, our Office of Financial Aid may be helpful in understanding your commitment.