FINANCIAL SUPPORT FOR YOUR TRAINING
Teacher Training is a significant commitment, and the majority of our trainees do not work during their training year. In order to support trainees, financial support is available to cover university fees and living costs for the duration of your training.
All trainees must pay course fees to their training provider – in our case, Nottingham Trent University.
There are four types of funding available to UK citizens:
A tuition fee loan to cover the costs of your university tuition fees (means-tested),
A maintenance loan to support your living costs (means-tested),
Further financial support if you are a parent and/or have a disability and/or are a veteran of the forces, and
A tax-free bursary or scholarship for some secondary subjects (as below).
This funding is paid in instalments throughout the year.
Get into Teaching - Funding and Support
WHAT IS A STUDENT LOAN?
A student loan is an amount of money that is paid to you to support your living costs or used to pay all or part of your university tuition fees.
Student loans are means tested – trainees’ household income is assessed with greater amounts of loans offered to those in most need.
Almost all trainees are entitled to student loans. Student loans are repaid at a low rate from your future earnings.
WHAT IS A BURSARY?
You do not need to apply for a bursary. If you’re eligible, you’ll automatically receive it.
You must be eligible for student finance to receive a bursary (unless you’re training to teach physics or languages). You’ll also need at least one of the following:
A bachelor’s degree class 2:2 (honours) or higher
A master’s degree
A PhD
If your course combines 2 subjects (for example, English and history), at least 50% of your course content must be made up of the bursary subject to be eligible.
Get into Teaching - Bursaries and scholarships for postgraduate teacher training