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The TR@TC program is rigorous and intensive. Most students find it to be incompatible with holding a separate full time job. We encourage students to build a reserve of funds and budget carefully to cover living expenses from the beginning of the program through the first paycheck that you will earn as a full-time teacher following your completion of the program. In addition to living expenses, you'll need to budget for the cost of certification exams, travel, etc.
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Input savings and expenses where indicated in blue
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TOTAL SAVINGS
PERCENTAGE OF SAVINGS SPENT
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ItemAmount $ 885.00 3%
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Personal Savings $0.00
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Additional Income$0.00
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Tuition Exemption if you have a PT job on campus$0.00
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TC Stipend, dollar equivalent of 22 credits, 5.5 credits for first four terms$0.00SUMMARY
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USED/Federal Stipend**** $30,000.00Savings+StipendsTotal ExpensesBalance
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TEACH Grant$0.00$30,000$885$29,115
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Zankel Fellowship$0.00
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Teacher Opportunity Corps Stipends$0.00
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Loans$0.00
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Other$0.00
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EXPENSES (Jan 2023 - September 2024)*
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ItemAmount*
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Application Fee$65.00
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Tuition Deposit$300.00
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TC Tuition for 44 or 46 Credits and Three College Fees
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Additional University Coursework / CLEP Exams^
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Books and Supplies**
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Metro-Card (NYC) / Transportation
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Fixed Living Expenses^^^
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Health Insurance***
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Personal Expenses
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Fingerprinting Fee^^$135.00
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TEACH Account Creation$50.00
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Certification Exams****$600.00
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DASA Workshop*****$50.00
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Initial Certificate Application$50.00
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Other
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* Estimated annual budgets are calculated based on a student enrolling for 18 months.

** Budget for Books and Supplies is determined based on a student's enrollment at $50/credit hour. This figure will fluctuate based on a student's actual or anticipated enrollment per academic term. (IE: A student enrolling for half-time across Fall and Spring will have $50*10 credits =$500 budgeted for Books and Supplies. A student enrolling for full-time across Fall and Spring will have $50*18 credits =$900 budgeted for Books and Supplies. Also, TR@TC covers all books and supplies for the weekly cohort course)

*** All students enrolled in 9 or more billable credits and/or living in the residence halls are required to have health insurance coverage (TC or external). All international students are required to have health insurance. Full-time students/those living on-campus are automatically enrolled in TC's basic health insurance but may be waived with proper proof of external coverage. Official costs as well as coverage periods should be discussed with the Office of Insurance and Immunization Records.
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**** Please note that fees for certification exams will vary based on your subject area and the exams you choose to take. This represents the minimum amount that Residents need to pay. It ranges from $350-$600.
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***** DASA workshop costs may vary
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^Some Teaching Residents may need to take additional coursework to satisfy New York State teacher certification regulations, including subject-specific program prerequisite coursework for subjects like math or science. Any cost associated with this coursework is the responsibility of the Teaching Resident.
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^^ Required for working at the NYC Department of Education. You will receive further instructions about completing fingerprinting in your Onboarding Guide. Please note that ALL new Residents will have some paperwork work and costs associated with fingerprinting, including Residents who are current or former DOE employees.

If you have already been fingerprinted for the NYC Department of Education, you will not have to pay this fee again.
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^^^Fixed Living Expenses should include rent/mortgage, utilities, cell phone, groceries, etc.
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