Finances in Philadelphia

NEW: Signing Bonus & Transitional Assistance Available for Members of Cohort 2023

Urban Teachers is offering a $1,000 signing bonus AND $2,000 in transitional assistance to all future teachers who join us in 2023. Plus Cohort 2023 members are able to apply for additional transitional funding up to a total of $4000 (i.e. $2000 additional dollars) through a needs-based application process.

Philadelphia is rich in culture and one of the most historic cities in America. Educators in Philadelphia have a unique opportunity to continue the tremendous work of education reform. Rooted in social justice work that is truly transformative for the students we serve in both public and charter school settings, in Philadelphia, teachers are change agents for their school community.

Program Costs vs. Financial Aid & Benefits

¹The residency stipend starts at $38,600.
²Signing Bonus – All accepted Cohort 2023 applicants who have 1) signed their letters of intent, 2) completed their enrollment into American University will receive a $1,000 signing bonus
³Transitional Assistance – All accepted Cohort 2023 who have signed their letters of intent and are planning to matriculate into UT will receive $2000 to aid in their transition to Urban Teachers and may apply for additional funds up to a total of $4000 (i.e. $2000 additional dollars) through a needs-based application process
⁴Learn more about Teach Grants; AmeriCorps Learn more about AmeriCorps; Only participants identifying as Black or African-American qualify for the UNCF Black Educators Fellowship. Learn more about the UNCF Black Educators Fellowship
⁵The lifetime learning credit offers a credit of 20 percent of up to $10,000 in expenses, for a maximum credit of $2,000. The tuition and fees deduction allows you to deduct $4,000. Since it's a deduction, you have to multiply the deduction by your tax rate to figure the savings. For example, if you fall in the 30 percent tax bracket, a $4,000 deduction saves you $1,200.
⁶Learn more about federal loan forgiveness
*Total Compensation refers to the residency stipend from your school plus an additional amount (in some cities) to address cost of living disparities and ensure equity across all school partners

**Salary based on current SDP contract. Amounts may vary based on hiring placement.  
**Funds available based on Residency placement and subject to availability from partner school.

Please Note: This information relied on existing information at the time of its publication. Costs may vary from what is written above. Staff will update this page and reach out to participants with more information as it becomes available.