What is the salary during the AUSL residency program? What salary will I earn after the residency year as a first-year CPS Masters degree teacher?
Residents are employed full time by AUSL during the training year, and earn a training salary of $30,000, paid biweekly over 12 months beginning when the program starts in mid-June 2011. Residents who complete the program also earn a $5,350 AmeriCorps Education Award, a voucher which can be used to pay or repay educational expenses or student loans. See Financial Support for more information. Most graduating residents will be employed as CPS Masters degree teachers beginning in fall 2012. In 2010-11, for example, the starting salary for a CPS Masters degree teacher was $50,542 annually plus pension and other benefits. This is about $3000 higher than the starting salary for a CPS teacher without a Masters degree.
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