Teachers are in high demand at the moment, and as a result there are a lot of financial incentives to encourage students of all backgrounds into the profession. They are all easy to apply for, and in some cases you don’t even have to do anything in order to receive them.
- Tuition Fee Loan – Just like for your undergraduate degree, you can apply for a loan from Student Finance to cover your tuition fees. This means that you don’t have to pay any of your fees up-front and don’t have to pay anything back until you’re earning over £21,000 a year.
- Maintenance Loan and Grants – Again, you can receive loans and grants from Student Finance to cover your living costs, and depending on your household income you may be eligible to receive these as a non-repayable grant. If you are a parent you can also qualify for grants to help pay for childcare while you study.
- Training and Development Agency bursaries – Depending on your specialism and your undergraduate degree result you could be given a bursary of up to £25,000 during your training year by the Government. There is no need to make an application; if you are eligible you will automatically receive the payments when you start your course. If you apply to teach
- Scholarships – If you are applying to teach Maths, Physics, Chemistry or Computing, you can also apply for a scholarship awarded by the respective professional body. As well as the £25,000 award, recipients of the scholarship will also receive career mentoring and membership of the professional body.
- Manchester Bursary – If you received the Bursary while studying as an undergraduate you are still eligible to receive it. However, if you receive more than £8,500 from government sources, ie. you do receive a Training and Development Agency bursary, you will automatically become ineligible for this bursary.
If you have any further questions about PGCE funding, or have any queries on money related matters, you can visit the Student Money Adviser in the Atrium, either by making an appointment (10am-12pm, 2pm-4pm on Tuesdays and Thursdays) or coming to a drop-in session (Wednesdays 10am-12pm and 2pm-4pm).