The Marshall Teacher Residency’s approach to finances allows you to pursue your passion for teaching and focus on your own learning. Residents benefit from an affordable tuition, a monthly living stipend, and financial aid opportunities, including a grant from the state of California. Learn more about resident benefits here.
Below is an overview of the 2025-26 financial structure:
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All Residents receive a minimum stipend of $32,000 for the year to support you with engaging as a learner full-time. The stipend is paid in monthly installments to you for living and personal expenses. You can choose how to spend the stipend at your discretion. We do not take taxes out of your stipend; however, if you use the stipend for living expenses, you will need to report it as taxable income. You must be in good standing with the program in order to receive your stipend.
Residents’ stipend amounts and terms may vary depending on your placement. Most Residents must commit to teach in California for at least four school years upon completion of the residency program.
Some partner schools provide additional living stipends for Residents placed at their schools, often in exchange for a commitment to teach full time for a number of years following the residency program. These placements are generally prioritized for Residents directly connected to the partner school (alumni, former employees, parents).
Residents may be eligible for the Golden State Teacher Grant Program to cover up to $10,000 of the program tuition. The Golden State Teacher Grant Program is for students currently enrolled in a teacher preparation program to earn a credential who commit to teach at a priority school, in California for two years, within four years after completing a teacher preparation program. You can use your teaching years of service to meet the eligibility for both the Golden State Teacher Grant and the additional stipend simultaneously. We encourage you to research this program to learn more about your potential eligibility and to register for the GSTGP interest list, which is expected to open on December 1st.
The Marshall Teacher Residency partners with local, non-profit credit unions to offer reasonable loan options to our Residents, as well as financial coaching and a personalized lending experience. Additional information about loan applications and deadlines will be available in Spring 2025.
As a Resident, you should also plan to spend $200-500 in fees prior to the start of the program and in the first month of the program. These include fees for required credentialing exams (CSET), fingerprinting and background checks, a TB test, official transcripts, and other admissions and credentialing requirements. Additional fees may be incurred if you need to take any exams multiple times.
To support you in planning ahead for your finances during the residency year, we have compiled a list of the expenses you can anticipate, including information about which expenses the Marshall Teacher Residency will cover for you.
Marshall Teacher Residency received grant funding to support innovative efforts to recruit, prepare, and retain Black educators. The goal of the Black Educators Initiative is to reduce historical and enduring barriers to entry for aspiring Black educators, while also offering a high bar for quality through community-based clinical preparation. Marshall Teacher Residency has committed to using BEI funds to support eligible Residents with tuition scholarships, living expenses, and emergency needs.
2023-24 Multiple Subject Resident
“The goal of retaining Black educators while reducing barriers for aspiring Black educators aligns with my intent on becoming a teacher because I feel it is important to have adequate representation in the classroom so that children can connect to those in leadership positions. I plan on using my life experiences, knowledge, and background to help me reach all my students, especially those who share the same adversities of poverty, single-parent households, and everyday challenges of being a youth of color. The BEI grant fund alleviates some financial strains and strengthens my path to staying in the field of education. I can shift my focus away from having to stress about income and be able to enjoy connecting with the children that I plan on serving.”
The state of California requires all teacher candidates to meet the Subject Matter Requirement in order to earn a credential. The Subject Matter Requirement demonstrates evidence of discipline-specific understanding in the content area of your credential.
Candidates can meet the Subject Matter Requirement by:
In order to enroll with the Marshall Teacher Residency, you will need to show evidence of meeting, waiving or making progress towards this requirement. We encourage you to begin working on this requirement as soon as possible, as testing can be a barrier for some Residents.
We encourage all interested applicants to join our mailing list to stay on top of program tips, deadlines, and information. Please also feel free to email us with any questions, including how we can help you make the best choice for your career next step, at residency@summitps.org.