Financial Support

Financial Incentives

In recognition of the challenges of teaching in our highest-need schools, the New York City Department of Education offers financial incentives to teachers who take on challenging assignments.

Lead Teacher Program

The Lead Teacher Program offers the strongest teachers the opportunity to take on a leadership role either within their school or a new one. Lead Teachers spend 50% of their time in the classroom and the remaining 50% of their time providing professional development and support to teachers. The application for the 2013-2014 school years is now closed.

To learn more about the program, visit the NYC Department of Education Teacher Page.

Teachers of Tomorrow (TOT)

In recognition of the demands of teaching in our highest-need schools, the New York City Department of Education offers financial incentives to teachers who take on challenging assignments through the state-funded Teachers of Tomorrow (TOT1) grant, intended to provide recruitment incentives to teachers working in the City’s highest-need schools. If you are currently teaching in a NYC district school, you may be eligible for a TOT award. 

**Please note that the availability of the Teachers of Tomorrow program is contingent upon funding by the New York State Education Department each year. Current year eligibility or prior year participation in the program does not guarantee an award.**

Loan Forgiveness/Deferral

New teachers serving in low income schools or shortage subject areas may be eligible for federal programs that cancel or defer some Perkins, Stafford, and Direct loans.

Scholarship and New York City Loan Forgiveness

The Scholarship Program offers selected individuals an opportunity to pursue a master's or bachelor's degree in specified bilingual and monolingual areas of education and pupil personnel services. A full scholarship is offered in exchange for a service commitment.

The Loan Forgiveness Program offers the repayment of student loans to new teachers and clinicians who have obtained New York State certification in specified shortage areas.

Currently, scholarships and loan forgiveness are available for the following critical teaching shortage areas:

  • Bilingual special education
  • Monolingual and bilingual visually impaired

In addition, scholarships and loan forgiveness are available in the following speech and clinical school positions:

  • Monolingual and bilingual speech and hearing handicapped
  • Bilingual school counseling, psychology, and social work