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Answers to Frequently Asked Questions

Answers to Frequently Asked Questions Financial Supports

What is Need-Based Financial Support?

Need-Based Financial Support is designed to supplement the stipend packages all 2024 CMs will receive automatically with their offer to join Teach For America. If individual CMs, after reviewing their financial costs of transitioning into the corps, decide that they need additional financial support to make a successful transition, they are welcome to apply for need-based support. Need-based support is mostly offered as loans, with some grants for corps members with the highest financial need, who received smaller stipend packages, and/or are corps members in our most expensive regions. Need-based packages are determined by looking at the costs associated with your region, the stipend we have already offered you, and your personal financial data we ask you to provide.