It’s now possible to become a teacher debt free! The Marshall Teacher Residency’s approach to finances allows you to pursue your passion for teaching and focus on your own learning. Residents benefit from an affordable tuition, a monthly living stipend, and unprecedented grant opportunities from the state of California. Learn more about resident benefits here.
Below is an overview of our tuition and finance structure:
Register for an information session to learn more about the program!
You receive a $20,000 stipend for the year to support you with engaging as a learner full-time. The stipend is paid in monthly installments to you for living and personal expenses. You can choose how to spend the stipend at your discretion. We do not take taxes out of your stipend; however, if you use the stipend for living expenses, you will need to report it as taxable income. You must be in good standing with the program in order to receive your stipend.
All Residents are eligible for the Golden State Teacher Grant Program to cover up to the full cost of tuition. The Golden State Teacher Grant Program is for students currently enrolled in a teacher preparation program to earn a credential who commit to teach at a priority school, in California for four years, within eight years after completing a teacher preparation program.
The Marshall Teacher Residency partners with local, non-profit credit unions to offer reasonable loan options to our Residents, as well as financial coaching and a personalized lending experience. Additional information about loan applications and deadlines will be available in Spring 2023.
As a Resident, you should also plan to spend $200-500 in fees prior to the start of the program and in the first month of the program. These include fees for required credentialing exams (CSET and CBEST), fingerprinting and background checks, a TB test, official transcripts, and other admissions and credentialing requirements. Additional fees may be incurred if you need to take any exams multiple times.
To support you in planning ahead for your finances during the residency year, we have compiled a list of the expenses you can anticipate, including information about which expenses the Marshall Teacher Residency will cover for you.
The state of California requires all teacher candidates to meet the following requirements in order to earn a credential — Basic Skills Requirement and Subject Matter Requirement.
In order to enroll with the Marshall Teacher Residency, you will need to show evidence of meeting or making progress towards each of these requirements. Legislation passed in July 2021 allows additional flexibility for candidates to waive out of the Basic Skills and Subject Matter requirements. We will work with you in the application process to determine if you are eligible to waive these requirements based on past test scores and college coursework.
The Basic Skills Requirement assesses basic reading, mathematics, and writing skills found to be important for the job of an educator. Candidates can meet or waive the Basic Skills Requirement by:
The Subject Matter Requirement demonstrates evidence of discipline-specific understanding in the content area of your credential. Candidates can meet the Subject Matter Requirement by:
We encourage all interested applicants to join our mailing list to stay on top of program tips, deadlines, and information. Please also feel free to email us with any questions, including how we can help you make the best choice for your career next step, at firstname.lastname@example.org.