Two at-large candidates are collecting unemployment compensation while campaigning for the Washington School Board. Two members of the current board collected jobless benefits last year while serving in office.

The four, listed in records filed with the D.C. Board of Elections, are candidates Frank Shaffer-Corona and Stuart Rosenblatt, and board members John Warren, a former aide to a House of Representatives committee, and Betty Ann Kane, a former college English teacher whose husband is employed as a government lawyer.

According to Kane's financial statement, she received $4,309 in unemployment compensation last year.

The financial statement also reported that Kane and her husband, Noel, a lawyer with the Federal Trade Commission, own a home on Capitol Hill worth $77,000, household items worth $30,000, and savings accounts, stocks, and share in an investment trust fund worth a total of $15,300. The statement said she received interest and divident income totaling $832 last year when she received the jobless benefits.

Kane, 36, who has a master's degree in English from Yale University and has completed course work for a doctorate degree, said she taught two years at Catholic University and later worked six years at the Folger-Shakespeare Library, directing education programs, until she quit in January, 1976.

She said she spent the next 10 months, looking for a new job, but said she could not start receiving unemployment benefits until she had been out of work 10 weeks because she had quit the Folger voluntarily.

Officials of the unemployment board said yesterday that under law benefits are determined solely by an individual's previous earnings and do not take into consideration savings, assets, or a spouse's earnings.

The benefits are financed by a tax on employers.

"It's not a welfare program," said Lawrence Stacey, assistant director of the unemployment board. "It shouldn't be confused with welfare at all."

"I've always worked, and I always intend to work," Kane said yesterday, "whether I'm married or unmarried, and whether I have children or not. The benefits have nothing to do with family income."

Kane said her new job is at the Museum of African Art, where she is in charge of development and fund-raising. Her work time is flexible, she said, to permit her to work the 30 to 35 hours a week that she said is required for school board business.

Warren, 30, received $2,700 in unemployment compensation during 1976, according to his financial report. He also received $9,916 from his House committee job and $2,600 from the National Institute of Public Management, for his new job, which involves training and consulting work with public officials throughout the country.

He could not be reached for comment yesterday.

The terms on the school board of both Kane and Warren expire two years from now and, as a result, neither is campaigning for re-election in this year's school board race.

Shaffer-Corona, a 34-year-old bachelor who is described in his campaign biography as a "writer, consultant, and community activist," said he left his last job with an antipoverty group in June.

"Right now I'm basically living on unemployment (compensation)," he said. "I'm not hurting , and I don't feel bad about it . . . The way I look at it, i've paid my premiums - it's a form of insurance. What the hell, I'm able to campaign."

Shaffer-Corona said he is collecting the District's maximum unemploy-benefit, $148 a week, tax-free.

Officials of the D.C. Unemployment Compensation Board said the benefits are payable up to 34 weeks, as long as a person is actively seeking a new job and is available to take it.

Shaffer-Corona explained. "Technically, what I'm doing in this campaign is looking for a job even if it is underpaid, and I think I'm qualified for it."

Rosenblatt, 26, is described in his campaign literature as director of the Washington local office of the U.S. Labor Party. Yesterday he said the post is unsalaried. He said he supported himself until last spring as a desk clerk at an apartment house.

"I went on unemployment (compensation)," he said, "and started campaigning . . . As soon as my unemployment runs out I'll go back to work unless I get elected, and then I'll go work at the school board."

The benefits run out, he added, "just about at election time (Nov. 8)."

By law, D.C. school board members can receive up to $4,000 a year in documented expenses. They also can get up to the same amount based on the number of hours spent on board business at a rate of about $19 per hour.