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The primary purpose of the Virginia Teaching Scholarship Loan Program (VTSLP) is to provide financial support to students who are interested in pursuing a teaching career in one of the top ten critical shortage teaching areas.
Description: This program, funded by the Virginia Department of Education, is designed to prepare qualified teachers to work with children birth to age five who have disabilities in Virginia.
As public employees in the state of Virginia, teachers must enroll in the Virginia Retirement System (VRS). The VRS provides a defined benefit plan that will ensure you have monthly pension benefits the rest of your life.
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All full-time, salaried permanent (professional) employees of Virginia’s public school divisions are covered by the VRS Teacher Retirement Plan. With about 150,000 active members, almost 100,000 retirees, and 57,000 deferred/inactive members, the “Teacher Plan” covers the largest population group within VRS.
23 paź 2020 · The VRS was founded in 1942. But unlike most states, new teachers in Virginia do not automatically participate in a defined benefit (DB) pension plan. Instead, they are enrolled the Virginia Hybrid Retirement Plan, which combines elements of a traditional defined benefit (DB) pension plan and a defined contribution (DC) plan.
The primary purpose of the Virginia Teaching Scholarship Loan Program (VTSLP) is to provide financial support to students who are preparing to teach in one of Virginia's critical shortage teaching areas.