Salary & Benefits

Upon successfully completing training and being hired in a New York City public school, Fellows become NYC public school teachers who are eligible for the following salary and benefits.

Training Stipend and Tuition Subsidy

During summer training, Fellows receive a modest stipend to offset the cost of living. The program subsidizes most of the cost of tuition (excluding books and materials) for your master’s degree.  For more information, visit our Master's Degree page.

Salary

Once hired by a NYC public school, you will be a full-time teacher and earn a starting annual salary of at least $62,902*. New York City public school teachers can earn more based on their experience and coursework beyond a bachelor’s degree. Once NYC Teaching Fellows have completed their master’s degree, they can expect to earn an annual salary of at least $70,711*.

Please note that questions about salary steps salary differentials are reviewed by NYC Public Schools and cannot be answered until Fellows are employed in September. 

*2023 salary information from the UFT Teachers Salary Schedule. 

Benefits

Teachers can select from a variety of health insurance plans, several of which require no employee contributions. Coverage for teachers and their families (including registered domestic partners) begins on the first day of employment. Teachers also receive dental, vision, and prescription drug benefits through the United Federation of Teachers Welfare Fund. Please note that Fellows are responsible for their own insurance during the residency. In a joint announcement in June 2018, the Mayor de Blasio and the United Federation Of Teachers announced paid parental leave for all NYC public school teachers.

Retirement

The Teachers’ Retirement System of the City of New York —one of the largest pension systems in the country—provides New York City public school teachers with retirement, disability, and death benefit services. Teachers can also opt into the Tax-Deferred Annuity Program, a supplemental retirement plan that allows members to defer taxes on their contributions and any investment earnings from those contributions until they withdraw the money as income.