Finance

Financial information 2024/25

Eligibility

Your tuition fees and any other bursary or financial support depend on your status as a home, European Union (EU) or overseas student. Find out more information about EU or overseas status.  All bursaries are subject to conditions and you are not guaranteed funding, but you may be eligible for financial support.

Tuition fees

If you are not on a salaried route you will have to pay tuition fees. Tuition fees for 2024/25 will be £9,250 for PGCE with QTS.  QTS only route will be £8,250.

Home and EU students may be eligible for a tuition fee loan to cover the cost of tuition fees charged. This is available through Student Finance England

You can calculate an estimate of your loan repayments on the GOV.UK website

Student loans for maintenance and extra support
Home students in England may also be eligible for a student maintenance loan to help towards accommodation and other living costs.  Students depending on their circumstances may also be able to apply for additional grants if they have a disability, have dependant children and pay childcare costs or have an adult who depends on them.  This is available through Student Finance England.  More information on the student loan for maintenance can be found on the GOV.UK website

Training Bursaries

Bursaries are available for trainees on eligible postgraduate courses in England who are not employed as unqualified teachers on the School Direct salaried route.  Bursary amounts will vary depending on teacher training subject and degree class or highest relevant academic qualification.

The table below summarises the standard financial incentives available in 2024/25.

 

Eligibility 2024 to 2025ScholarshipsTrainee with 1st/PhD/2:1/2:2/Master's
Secondary Chemistry, Computing, Mathematics, Physics£30,000£28,000
Biology, Design & Technology, Geography, Languages£27,000 (French, German and Spanish only)£25,000
Art & Design, English, Music, Religious Educationn/a£10,000

Scholarships

Graduates with a 2:1 and above, who are passionate about their subject and have the potential to be inspirational teachers can apply for a scholarship with the appropriate professional body.  As well as the financial award scholars will receive a package of additional benefits provided by the professional bodies.  Trainees with a 2:2 may be awarded a scholarship in exceptional circumstances, if they have significant relevant experience.  Trainees awarded a scholarship cannot receive a bursary.  Trainees who aren’t awarded a scholarship are eligible for a standard bursary.

Bursary and scholarship payments are processed automatically for eligible candidates.  You will receive more information on the arrangements and how this is distributed prior to the start of your course.  Trainees will receive the bursary/scholarship payments in 10 equal monthly instalments from October to July.

If awarded a Mathematics Teacher Training Scholarship, not only does it provide an amazing tax-free bursary during your (ITT) year but also additional support such as membership of professional bodies;  training courses and access to resources.  Maths Scholars receive:

  • £30K tax-free bursary during your initial teacher training year.
  • Two years free membership of professional bodies.
  • Access to superb professional resources and CPD events.

The full application criteria can be found here.

There are two stages to the application process to the Mathematics Teacher Training Scholarships;  the initial application and assessment centre.  There are lots of blogs on their website containing useful information about the process to help potential applicants:  Teaching Maths Scholarships

The Institute of Physics (IOP) has teacher training scholarships of £30,000 available to physics trainees starting their teacher training in the 2024/25 academic year.  The scholarship will be instead of the standard bursary, but trainees who are not awarded the scholarship will continue to be eligible for the standard bursaries.

To be an IOP Scholar you will need to have outstanding knowledge of school-level physics and the potential to become an inspirational physics teacher. Each scholarship also includes a package of benefits including IOP membership and early career mentoring. There are a number of application rounds for the year. To apply and to view the full eligibility criteria, go to the IOP website

The Royal Society of Chemistry (RSC) has teacher training scholarships of £30,000 available to chemistry trainees starting their teacher training in the 2024/25 academic year.  The scholarship will be instead of the standard bursary, but trainees who are not awarded the scholarship will continue to be eligible for the standard bursaries.

The RSC is looking for individuals who are passionate about chemistry, have the potential to be an exceptional chemistry teacher and can therefore inspire the next generation of chemists. In addition to the funding, RSC Scholars will have access to a wide variety of RSC support including membership and networking opportunities. Visit the RSC website to view the full eligibility criteria and to apply.

Visit the RSC website

BCS, The Chartered Institute for IT, has teacher training scholarships of £30,000 available to computing trainees starting their teacher training in the 2024/25 academic year.  The scholarship will be instead of the standard bursary, but trainees who are not awarded the scholarship will continue to be eligible for the standard bursaries.

BCS is looking for outstanding individuals who are passionate about computing and have the potential to become inspirational teachers.  Applicants should have a thorough knowledge of school level computing. Scholars will have access to BCS membership and early career mentoring opportunities with schools, universities and major employers. Visit the BCS website to view the full eligibility criteria and to apply.

The British Council  has teacher training scholarships of £27,000 available to languages trainees starting their teacher training in the 2024/25 academic year.  The scholarship will be instead of the standard bursary, but trainees who are not awarded the scholarship will continue to be eligible for the standard bursaries.

The British Council are looking for individuals who are passionate about languages, have the potential to be an exceptional languages teacher and can therefore inspire the next generation. In addition to the funding.  Visit the British Council website to view the full eligibility criteria and to apply.

Note:  Languages scholarships are available for French, German and Spanish only.

Student loan for maintenance and extra support

Home students in England may also be eligible for a student maintenance loan to help towards accommodation and other living costs.  Students depending on their circumstances may also be able to apply for additional grants if they have a disability, have dependant children and pay childcare costs or have an adult who depends on them.  This is available through Student Finance England.  More information on the student loan for maintenance can be found on the GOV.UK website

School Direct Salaried

Tuition fees are covered by the Government grant that SCITT receives.

You are paid a salary on the unqualified teachers pay scale (usually point 1 £19,340 2022/23 rates).

More detailed information an be found on the Get into Teaching website.