Funding for training to teach physics
If you’re successful in your application to teach physics, you could be eligible for a scholarship or bursary. 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
With a first, 2:1, 2:2, Master’s or PhD, you could get a £26,000 tax-free bursary while you train as a teacher. If you're eligible for a bursary, you could also receive early-career payments totalling £6,000 once in teaching - that's a total of £32,000 to teach physics.
If you have at least a 2:1 in physics or a related subject, you could be awarded a £28,000 scholarship from the Institute of Physics (IOP). If you're eligible for a scholarship, you could also receive early-career payments totalling £6,000 once in teaching - that's a total of £34,000 to teach physics.
You can still apply if you have a 2:2, but you’ll need to provide evidence of significant relevant experience.
If your scholarship application is unsuccessful, you'll 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 £11,672 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:
- 85% of childcare costs up to £169.31 a week (1 child) or up to £290.27 a week (2 or more children) Childcare Grant
- up to £1,716 per year Parents’ Learning Allowance
- Child Tax Credits
- Disabled Students’ Allowance
- up to £3,007 per year Adult Dependants' Grant
Find out more information on the extra financial support available.
Early career payments
You'll need to have completed a non-salaried teacher training course and received a bursary or scholarship in the academic year of 2020/21. You’ll receive three additional early-career payments of £2,000 once in teaching, split over three teaching years (second, third and fourth year). You must have taught in a state-funded school in England after completing your teacher training course - enhancements to these payments are available if you teach in specified areas in England. View the full terms and conditions.
Earn a salary while you train
Alternatively, you could earn a salary with School Direct (salaried), Postgraduate Teaching Apprenticeships or Teach First.
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Once you start teaching, you may be eligible for the Teachers’ Student Loan Reimbursement scheme - find out more.
Train to Teach Leicester Spring 2020
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