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)

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 some of the City's highest-need schools. Currently, eligible teachers may receive an annual $3,400 TOT award for up to four years. To see the 2013-14 TOT school list, please click here.

Teachers eligible for a TOT award are notified via email each year with further guidance and instruction (2013-14 preliminary eligible recipients were notified on June 27th). To see the complete list of eligibility requirements, please click here. Please note that new state eligibility requirements may mean final eligibility status will be confirmed in Fall 2014. Check this webpage for updates regarding the TOT program in the future.

For questions, please email

**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