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 or a prestigious scholarship. There are three types of funding available if you’re on a non-salaried teacher training course. Depending on your circumstances, you could receive all three. Alternatively, you could choose to earn a salary while you train.

1. Tax-free bursaries or scholarships

Bursaries

With a first, 2:1, 2:2, Master’s or PhD, you could get a £24,000 tax-free bursary while you train as a teacher. 

Scholarships

As an alternative to a bursary, if you have at least a 2:1, you could be awarded a scholarship from the Institute of Mathematics and its Applications (IMA). You can still apply if you have a 2:2, but you’ll need to provide evidence of significant relevant experience.

If your application for a scholarship is successful, you'll be guaranteed £26,000 tax-free during your teacher training year.

If your scholarship application is unsuccessful, you will still be eligible for a bursary. Once you know if you’ll be receiving a bursary or scholarship, you can find out how and when you will receive your tax-free funding.

2. Tuition Fee Loan and Maintenance Loan

With or without a bursary or scholarship, you can also access a Tuition Fee Loan to cover your tuition fees and a Maintenance Loan for your living costs. The available loans are:

  • a Tuition Fee Loan of up to £9,250 to cover your fees
  • a Maintenance Loan of up to £12,010 to support your living costs

3. Additional financial support

If you have children or a disability, extra funding is available. For instance, you could get:

Find out more information on the extra financial support available

Earn a salary while you train

Alternatively, you could earn a salary with School Direct (salaried), Postgraduate Teaching Apprenticeships or Teach First.