Financials

Alder GSE provides an affordable and supportive path to a rewarding and successful teaching career. As an Alder student, you will receive:

  • A Master’s Degree and Teaching Credential
  • A year-long apprenticeship with an excellent, trained mentor teacher
  • A cohort of up to twenty-five peers with whom to learn and grow
  • Academic support from an expert instructional Director dedicated to your development and to creating a strong cohort experience
  • A financial stipend (offered by K-12 Partner)
  • Access to financial aid (federal loans), scholarships, and other financial benefits
  • Eligibility for Loan Deferral during the program
  • Transportation, room, and board for in-person courses held throughout the year
  • A 50% discount on credential test preparation courses and additional testing supports, including free test preparation resources
  • Priority hiring—90% of Alder graduates secure a full-time position at one of our school partners after their program year

Year One: You will be a full-time student completing your graduate-level coursework and co-teaching in a classroom with a mentor teacher four days a week.

Years Two and Beyond: You will be fully prepared to work as a full-time teacher, making a positive difference for countless students over your lifetime.

 

Costs & Financial Support: California

Program Costs:

2019-2020 Tuition $18,500 (out-of-pocket cost net of Alder Teacher Grant)
Books, tests, etc. Approximately $2,000

*Tuition for 2020-21 will be set in December 2019.

Financial Support:
Amounts of financial support vary by partner and location; below are representative ranges:

Living stipend (taxable)* $10,000–$20,000
Medical benefits $0-$5,000
Federal financial aid (loans for tuition and living expenses) Up to $42,000
Transportation, room, and board to in-person sessions Approximately $1,500
Test registration fee support $200
Credential test preparation support $250 on average
Excellent preparation and priority consideration for a paid, full-time teaching position PRICELESS!

*Taxable living stipends: please note that the IRS considers the living stipend paid to you by your K-12 partner to be taxable income. You will need to declare it on your 2019 tax form and pay taxes on it. Alder provides access to tax planning support.

For more information about financial aid through the University of the Pacific, please see:

 

Costs & Financial Support: Tennessee

Program Costs:

Tuition $3,500 for residency year
(after applying $14,250 AmeriCorps grant and/or other Relay scholarship)
Books, tests, etc. Approximately $2,000

Financial Support:

Living stipend (taxable) $16,500
Medical benefits $600
Federal financial aid (loans for tuition and living expenses) Up to $19,676
Additional Alder scholarships and/or housing stipends Up to $9,250
Credential test preparation support $250 on average
Excellent preparation and priority consideration for a paid, full-time teaching position PRICELESS!

 

Forms of Financial Assistance Available 

Please contact the Alder Office of Admissions to discuss the financial components of the program. Financial concerns should not limit you from applying to Alder GSE.

  • Private Scholarships: there are several websites for finding scholarships – here is a sampling to get you started – please visit the Alder scholarships page to learn more.
  • Private Loans: private education loans are provided by various lenders to assist students who might not be eligible for Federal Financial Aid.
  • Payment Plan Options: University of the Pacific currently offers Fall and Spring payment plan options.
  • Golden State Teacher Grant: information to be released by the state of CA soon.

Loan Deferral/Forgiveness Options:

  • Loans acquired during undergraduate education can be deferred while you are pursuing a Master’s Degree.

For partner-specific financial support information, please click on the partner links below.

Other Financial Supports from Alder

  • Candidate Financial Planning Webinars: consider attending a virtual webinar to learn tips for financial planning, borrowing responsibly, and making the residency year work financially.
    • Sessions are scheduled for October 28 at 6 PM PST and January 2020 – please register here
  • 1:1 Advising Sessions: please email admissions@aldergse.org to schedule a personalized session. 
  • Making it Work Regional Resources: see below for guides to regional government and nonprofit financial assistance programs.