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Financial Information

As a LANCE Participant, you will:

  • Receive a monthly stipend check of approximately $900 from your placement schools (on a twelve-month schedule).
  • Graduate with a master’s degree in education from Christian Brothers University.
  • Receive health insurance at no cost.
  • Be considered a full-time graduate student during your two-year academic commitment and, thus, be able to defer most types of loans you incurred during your undergraduate education.
  • Have free housing during the first month of summer study. We find and furnish appropriate housing for each small residential community before you arrive.
  • Be responsible for your share of food, rent and utilities from your monthly stipend.
  • Be eligible for teacher licensure for the state of Tennessee at the conclusion of your two-year commitment. Tennessee teacher licensure is easily transferred to most states as part of the Interstate Teaching Compact.