Skip to Content
Skip to Content

Financial Incentives

Learn more about how Tennessee is performing on Financial Incentives in the Teacher Diversity policy area.
Go to a policy lever Data Systems Financial Incentives Supports for Teachers of Color Teacher Pipeline Programs
Select a state Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Tennessee's Performance

Ungraded
NCTQ evaluates whether states are effectively using this policy lever by examining whether they support targeted scholarships for teacher candidates, fund loan forgiveness programs, and incentivize districts to offer additional compensation to teachers working in hard to staff schools. Explore the key actions below to learn more about how Tennessee is implementing Financial Incentive policies.

Why does this matter?

As the cost of college and the overall cost of living continues to rise, financial incentives like scholarships, loan forgiveness, and strategic pay for working in hard-to-staff schools can help attract a wider range of candidates to the teaching profession, particularly those from underrepresented groups. Since people of color often take on greater levels of student debt,1 financial incentives can make teaching a more viable career path.

Why does Tennesssee stand out?

Tennessee’s strategy to increase the teacher workforce includes targeted scholarships. The state also provides differentiated pay for hard-to-staff schools. 

Tennessee requires, through law and state board policy, districts to adopt and implement a differentiated pay plan to aid in staffing hard-to-staff subject areas and schools with highly qualified teachers.

What are the key actions Tennessee should take?

  • See what these exemplars are doing in this policy area:

    Key Resources

    State of the States 2023: Teacher Diversity

    Explore NCTQ’s comprehensive scan of state teacher diversity policies.

    Increasing teacher diversity: Four ways districts can take action

    Learn more about how districts can create the conditions for a more diverse workforce.

    Teacher Prep Review: Program Diversity and Admissions

    Dive into NCTQ’s 2021 analysis of the diversity of educator preparation programs.

    Smart Money 2.0

    Uncover teachers' salaries across 90 districts nationwide, learn about strategies to increase pay, and discover missed opportunities for raising compensation and improving outcomes.

    References
    1. Carver-Thomas, D. (2018b). Diversifying the teaching profession through high-retention pathways. Learning Policy Institute.
    2. Wisconsin Statutes 39.40; Wisconsin Minority Teacher Loan Program Information. (n.d.). Higher Education Aids Board, State of Wisconsin.https://heab.state.wi.us/files/programs/mtl-flyer.pdf
    3. Carver-Thomas, D. (2018b). Diversifying the teaching profession through high-retention pathways. Learning Policy Institute.
    4. Fiddiman, B., Campbell, C., & Partelow, L. (2019). Student debt: An overlooked barrier to increasing teacher diversity. Center for American Progress
    5. Rothstein, J., & Rouse, C. E. (2011). Constrained after college: Student loans and early-career occupational choices. Journal of Public Economics, 95(1-2), 149-163.
    6. Baum, S., & O’Malley, M. (2003). College on credit: How borrowers perceive their education debt. Journal of Student Financial Aid, 33(3): 7-19.
    7. Achinstein, B., Ogawa, R. T., Sexton, D., & Freitas, C. (2010). Retaining teachers of color: A pressing problem and a potential strategy for “hard-to-staff” schools. Review of Educational Research, 80(1), 71–107. https://doi.org/10.3102/0034654309355994