1. Planning for the Financial
Transition
Congratulations on beginning your
certification pathway with TNTP
Academy-­Arizona! Our rigorous Planning for the School Year: TNTP Academy-Arizona
training and professional development
program is designed with a single Upon entering the classroom as a full time teacher, Fellows and Teach For
purpose: to ensure that you enter the America corps members collect the same salary and are paid on the same
classroom and raise student schedule as other first year teachers in the district. The school year also marks
achievement from the very first day of the transition from your summer training through your program to TNTP
school, and to equip you with the Academy-­Arizona participation, and tuition payments begin at that time.
knowledge and skills you need to TNTP Academy-­Arizona tuition rates are highly competitive with other alt-­
steadily improve your teaching practice route programs in the area, yet the accelerated timeline of our program makes
throughout your first year in the you eligible for professional certification at the end of your first year in the
classroom. The life of a first year classroom.
teacher is incredibly rewarding, but
also can be demanding and stressful at
times.
Begin planning for the financial TNTP Academy Enrollment Period:
responsibilities of your teaching
program participation now, so that, Seminar Registration and Materials Fee: $303*
during the summer and the coming *One time administration and materials fee to register for your subject area
school year, you can focus on your Seminar
development into an effective teacher Payable to the TNTP Academy-­Arizona via PayPal
and raising student achievement for www.paypal.com
everyone in your classroom, instead of Payment email address:
your finances. payments@arizonateachingfellows.org
Key Dates
Enrollment Payment Date:
May-­June (upon enrollment)
Enrollment Documentation:
Seminar Registration Payment TNTP Academy-­Arizona participants must submit all documentation
Date:
required by Arizona Teaching Fellows and the Arizona Department of
June 28, 2013
Education. Documentation includes:
Enrollment Documentation Signed Commitment Form
Signed Program Handbook
Submission Date: Signed Tuition Agreement
June 28, 2013 Official Transcript from Undergraduate Institution
Official Score Report for AEPA, NES Test, or Praxis
First Tuition Payment Date: Copy of Current Driver’s License, Passport, or State Issued ID Card
Copy of Social Security Card
October 1, 2013
Copy of Arizona Fingerprint Clearance Card with IVP Number
Proof of SEI Course Completion
3 Letters of Professional Reference
Copy of Teaching Intern Certificate (issued July 2013)

2.
Best Practices
Real Numbers… What Does Tuition Look Like for Me?
· Review your living expenses and
create a realistic budget. Planning Total Tuition = $6,500
is the cornerstone of effective Number of Monthly Payments = 10*
teaching, so start practicing by
Monthly Tuition Payment = $650
planning for the financial transition.
Average Starting Salary = $32,000
· Start saving now. Set aside as much of
Average Starting Salary (after taxes) = $22,608
your current paycheck as you can
Assuming a single filing status and 1 federal exemption**
to help with living expenses over
the summer, so you can avoid Estimated number of paychecks = 22
accumulating credit card debt. Approximate monthly income = $2055 (assumes 2 paychecks per month)
Approximate monthly income minus TNTP Academy-­Arizona
· Research short-­term part-­time job
opportunities. You won’t have time tuition payment = $1405
once summer training begins, but *Participants may apply for an extended payment option with a 16 month payment plan.
bringing in extra income now will Participants may also pay in full and receive a reduction in payment.
help you through the summer
when you aren’t collecting a **Resource for calculating your salary after taxes:
paycheck. http://www.surepayroll.com/calculator/calc_paycheck_netpay.asp
· Contact your student loan provider. If
you’re concerned about your
student loans, reach out to your
loan provider now to see if you’re
Additional Resources:
eligible for deferral or forgiveness
Arizona credit unions offer a number of personal loans for education
based on your participation in a
and professional development expenses. These loans are available at
teacher-­prep program.
competitive, low-­interest rates across several months, depending on the
terms and conditions of the loan. Below is a list of Arizona credit unions
· Investigate loan options. Contact
for participants to explore loan options.
your bank or credit union to see if
you qualify for a low-­interest loan (Please note: TNTP Academy-­Arizona is in no way affiliated with these
to assist with your expenses during institutions.)
your first year in the classroom.
Altier Credit Union: http://www.altiercu.org/home/rat/per#personal
· Contact your credit card company to AEA Federal Credit Union (Yuma): http://www.aeafcu.org/loans.html
see if you can negotiate a lower Arizona State Credit Union: https://www.azstcu.org/loans/index.shtml
interest rate.
Membership at a credit union requires that you are currently living in
Arizona. TNTP Academy Arizona tuition payments do not begin until
Keep in Mind October 1, 2013, providing participants ample time to apply for
appropriate loans. TNTP Academy Arizona will provide letters of
TNTP Academy-­Arizona tuition isn’t program enrollment as requested by lenders. Please contact the TNTP
tax-­deductible but we can provide Academy Arizona office to request a program letter.
documentation of payments received
and TNTP’s federal tax ID for you to
share with a tax professional.
For more information, please contact info@arizonateachingfellows.org.