Funding for training to teach maths
If you’re successful in your application to train to teach maths, you could benefit from a tax-free bursary of up to £25,000 – alternatively you could earn a salary while you train on School Direct (salaried) or with Teach First. There are also prestigious scholarships available for trainee teachers with top degrees.
About the bursaries
The bursaries that are available are determined by the class of your degree:
- you could be eligible for a training bursary of £25,000 with a first, 2:1, 2:2, Master’s or PhD
- you could receive a training bursary of £9,000 if you have a degree in a relevant subject that is lower than a 2:2, and have a grade B or above in maths or further maths at A level (or equivalent)
About the scholarships
As an alternative to a bursary, if you have at least a 2:1, you could be eligible for a scholarship from the Institute of Mathematics and its Application (IMA), in collaboration with the London Mathematical Society (LMS), the Royal Statistical Society (RSS) and Mathematics in Education and Industry (MEI).
Prestigious maths scholarships reward the most gifted individuals with membership offers, networking opportunities and professional development support. Successful maths scholars will also be offered additional support to enable them to make a significant contribution to the development of maths teaching in the schools where they train and work.
The scholarship will be instead of the standard bursary. If you’re awarded a scholarship, you are guaranteed £25,000 to support you throughout your teacher training year. If your application for a scholarship is unsuccessful, you will still be eligible for a bursary. Please visit the IMA website for more information.
Earn a salary while you train
School Direct (salaried)
If you have three or more years of work experience in any field, you could earn a salary while you train on a School Direct (salaried) programme. This year a number of schools are offering an enhanced salary of more than £21,000 nationally and £25,000 in inner London to trainees in maths. The cost of your training to achieve QTS is covered by the school – you should enquire with the school before you apply to check if they are offering this higher rate and whether this also includes a PGCE.
If your degree isn’t in the subject you wish to teach, you may be eligible for a funded course to increase your subject knowledge before starting your training. This means you could train in a subject that attracts a top-end bursary.
If you’re a graduate or career changer and have a 2:1 or above, you could also earn a salary while you train with Teach First.
How you will be paid
Bursaries and scholarships
If you qualify for a bursary, the payments will be processed automatically by the school(s) or university leading your training. Bursary awards up to £15,000 will be made in equal monthly instalments for the duration of your course; the organisation leading your training will confirm exact details.
Bursaries of more than £15,000 will also be paid in equal monthly instalments for the duration of the course, but these will be enhanced by larger payments in February and July, or in the final month of your course. The payment schedule for scholarships is generally similar to that of bursaries. The schools and universities that lead teacher training make the final decision on trainees’ eligibility for financial support – so it’s worth asking what might be available to you before you apply.
If you are not eligible for a bursary, you can still access standard student loans and/or grants to help fund your training and cover tuition fees.
If you have a degree from outside the UK, you should refer to the overseas degree equivalency table to see the bursary your degree may attract. Make sure you contact your preferred training provider as they make the final judgement on equivalency. You also need to be eligible for a bursary based on your nationality and residency status. Contact your training provider or Student Finance England to find out if you will be eligible for a bursary and student finance.
School Direct (salaried) programme
If you are accepted on the School Direct (salaried) programme you will be paid a salary by the school you are employed by. Salary arrangements should be discussed with your employing school.
To find out more, you can call us on Freephone 0800 389 2500.
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This one-day event will give you a real insight into a career in teaching.Oldham
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