We extend and study a semi-supervised model for text classification proposed earlier by Hatefi et al. for classification tasks in which document classes are described by a small number of gold-labeled examples, while the majority of training examples is unlabeled. The model leverages the teacher-student architecture of Meta Pseudo Labels in which a ''teacher'' generates labels for originally unlabeled training data to train the ''student'' and updates its own model iteratively based on the performance of the student on the gold-labeled portion of the data. We extend the original model of Hatefi et al. by an unsupervised pre-training phase based on objective masking, and conduct in-depth performance evaluations of the original model, our extension, and various independent baselines. Experiments are performed using three different datasets in two different languages (English and Swedish).