The North Carolina General Assembly just passed a budget bill that axed supplemental pay for teachers who obtain master’s degrees, beginning with the 2014-15 school year. Teachers who currently hold master’s degrees will be grandfathered in.
Some lawmakers were led to believe, however, that if a teacher completed their master’s degree next spring, they would be covered under the old law and receive the pay bump that is currently awarded to master’s degree holders, which for many equates to a 10-15% pay increase.
As it turns out, most teachers who graduate next spring will not receive the pay increase.
According to the Fiscal Research Division of the state legislature, members of the State Board of Education decided that the cut off for who will receive a master’s degree pay supplement will be April 1, 2014. Read More