Invest in yourself and change lives
As a teacher resident, you’re taking on a deep commitment toward a career that makes a positive difference in the world. We share your dedication to actively addressing educational injustices based on the belief that all students are capable of high achievement. Upon graduating, you receive a master of arts in teaching from NYU Steinhardt, one of the nation’s leading research institutions, and will have completed a whole year of teaching practice directly in the classroom.
We seek a diverse group of applicants to become teaching residents and encourage you to apply and complete your financial aid application today.
Once you have been admitted, you receive detailed information on your scholarship and financial aid package. You are under no obligation to enroll in the program until you review and accept your financial aid package.
All residents are eligible for some level of scholarship and financial aid to help you achieve this important accomplishment. Please note scholarships are distributed throughout the academic year.
Sources of financial support
NYU Steinhardt scholarships
You will be considered for scholarships from NYU Steinhardt that can average $13,000 and range from $5,000 to $18,000. One hundred percent of this year’s enrolled cohort received an NYU Steinhardt scholarship.
District and charter subsidies, stipends, wages, and benefits (applicable only to full-day residency)
Our district and charter partners are responsible for a tuition subsidy as part of your commitment to them in the full-day residency. The average subsidy amount differs between the master of arts in teaching in Inclusive Childhood Education and the master of arts in teaching in Secondary Education degrees.
In the full-day residency you also earn $15,000 to $50,000 to help with your educational and living expenses. The details section of each of our residency partner locations provides specifics on stipends, wages, and benefits where full-day is available. All locations offer full-day except NYC DOE schools.
You can offset your tuition costs with federally subsidized loans while in your residency year, if eligible. Most graduate students are potentially eligible to receive up to $41,000 in federal loans over the course of the Teacher Residency.
Complete and submit the Free Application for Federal Student Aid (FAFSA) for both 2021-2022 and 2022-2023 to learn if you are eligible. The institution code number for New York University is 002785. Do not wait for our admissions decision before submitting your FAFSA application. Applying after the deadline delays the processing of federal aid and student loans and may result in you being ineligible for scholarships.
NYU’s Office of Financial Aid will send you a financial aid package shortly after you have an offer to participate in the NYU Steinhardt Teacher Residency program.
For help in completing the FAFSA, call 800-4-FED-AID.
If you have questions about financial aid, please contact our enrollment specialists, who will connect you with a financial aid counselor who can answer your questions.
The amount you’re responsible for can be further reduced with teacher grants and the teacher loan forgiveness program, if eligible.
TEACH Grant (federal)
You are eligible while you are in graduate school.
Students who commit to teaching in a high-need (Title 1) school for four years post-graduation may be eligible for a grant of up to $3,764 in tuition during the residency year.
Teachers of Tomorrow Grant (NY State only)
You are eligible to apply for up to three years for the second through fifth years of your teaching career.
Teachers of Tomorrow (TOT) is a program funded by the New York State Education Department (NYSED) intended to help recruit and retain eligible newly hired teachers working in NYC DOE, Albany, and Syracuse schools. Eligible teachers may receive a $3,400 TOT award for up to four consecutive years. Awards are distributed annually, and availability is contingent upon NYSED funding.
Teacher Loan Forgiveness Program (federal)
You will be eligible after five years of teaching in a Title 1 school.
Further eligibility information by subject area:
- Math, science, and special education teachers may be eligible for up to $17,500 in loan forgiveness.
- English and social studies teachers may be eligible for $5,000 in loan forgiveness.
Eligibility is not guaranteed. You must read about the requirements of the program and follow the steps required by the federal government. If you have questions, you should contact the US Department of Education via the links above.
NYU’s Office of Financial Aid provides more information on the federal grants once you enroll in the program. School districts in NY State provide information on the TOT grant.
Tuition and fees (estimated) 2022-2023 academic year
Summer 2022 cost per credit is $1,942. Fall 2022, Spring 2023, and Summer 2023 cost per credit is estimated to be $2,020. In addition to tuition, you also pay registration/student service fees. These fees are calculated 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.
We encourage you to carefully review the costs associated with the differing number of credits for each of the two degrees available:
- 35-credit master of arts in teaching in Inclusive Childhood Education (dual degree in Childhood Education and Childhood Special Education, Grades 1-6)
- 30-credit master of arts in teaching in Secondary Education (Grades 7-12)