The financial structure of Dallas Teacher Residency is both purposeful and intentional. Dallas Teacher Residency aims to provide program residents with an affordable, deliberate, and tailored experience, which upon successful program completion, provides program graduates with not a specific teaching skill set geared towards urban education, but an unmatched year-long teacher residency experience under the guidance of a highly-skilled and trained mentor teacher, in an urban classroom setting. Components that are central to the financial structure of Dallas Teacher Residency are listed below:
- Residents pay tuition directly to Texas A&M University – Commerce (in-state cost of Master’s degree with teacher certification is approximately $10,500)
- Residents pay out-of pocket expenses for books, course materials, and certification exams fees
- If necessary, program residents are encouraged to apply for financial aid and federal loans to help with living expenses
- Program residents are compensated $20,000 during their apprenticeship year
- Once hired as a teacher of record residents are eligible to partake in federal loan forgiveness programs for each year served teaching in our partnering school districts
Upon successful completion of the residency program, program graduates will be eligible to apply for teaching positions at partnering school districts. Once hired, graduates earn a full first-year teachers salary and benefits in their respective district. In 2017-2018, salaries for beginning teachers in Dallas and surrounding partnering school districts are approximately $51,000.