Financial Support for Your Transition

You Can Receive a Transitional Funding Package of No-interest Loans and Grants.

As a Corps Member, You Will be Eligible for a $1,000-6,000 Transitional Funding Package with No-interest Loans, and in Some Cases, Grants

The package is designed to assist with transitional costs including, but not limited to:

  • Testing and certification fees
  • Travel to the summer institute and the region where corps members will teach
  • Relocation expenses

You will learn about your award amount upon acceptance to the corps; grants and loans are awarded at the beginning of the summer institute. Packages are based on an applicant's demonstrated need, the cost of moving, and the cost of living in the assigned region. Learn more about finances.

We Cover Room and Board During the Summer Institute

Room and board is also coveredfor one to two weeks during your regional orientation, which happens prior to the start of the school year. Additionally, we provide transportation to and from your school site during the summer institute.

You can expect several living expenses before receiving your first paycheck, which can sometimes take up to one month after the beginning of the school year.

Many of these general living expenses can be covered by the transitional funding package. Sample summer expenses include:

Summer Expenses
Summer expense
(considered in the transitional funding package)
Average
Up to two months of rent and utilities after the summer institute $400-1,100
Apartment deposit, equivalent up to first and last month of rent $800-2,200
Travel to institute $300-500
Shipping and storage $150
Furniture $350
Professional clothing $215
School supplies $250
Summer expense (not considered in the transitional funding package) Average
General living costs, such as rent and food, before summer induction $400-2,000
Cable and internet activation and bills $50-200
Cell phone activation and bills $50-200
Additional travel (i.e. vacation, between region and institute) $100-1,000
Car purchase or lease Down payment + $200/month
Laptop $500-1,000

You should also plan for teaching-specific expenses, including testing, certification, fingerprinting, and background checks. In some regions, corps members must pay for these expenses out-of-pocket, while in other regions, testing and certification expenses are covered by the transitional funding package and/or AmeriCorps award. You will learn more about specific costs and payment options upon acceptance to a region.

You Can Connect with Other Corps Members
and Alumni to Find Housing

We offer a website called TFANet which allows corps members and alumni to reach out to each other to find roommates and apartments for rent or post listings. You can also use TFANet to ask questions, post comments, and share recommendations about neighborhoods and housing options. Additionally, the summer training institute and regional orientations serve as great opportunities to talk with other corps members about finding housing together.

Corps members should also plan for teaching-specific expenses, including testing, certification, fingerprinting, and background checks. In some regions, corps members must pay for these expenses out-of-pocket, while in other regions, testing and certification expenses are covered by the transitional funding package and/or AmeriCorps award. Corps members will learn more about specific costs and payment options upon acceptance to a region.

Attend an Online Event

 

Learn about Teach For America's compensation package. Hear from corps members and alumni to learn how to prepare your finances.

Attend our online event, Tuesday, August 31, 9:00 p.m. ET

Our transitional funding awards

All corps members who complete a transitional funding application are offered an award; in 2010, 56 percent of our corps members applied for and received transitional funding, total $7.7 million in awards.

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