Fees and funding
Financing your PGCE training
The following information applies to UK/EU students only.
International students including anyone with a visa should contact Sarah Kirkham (S.Kirkham@lboro.ac.uk) for information and guidance about finance during training.
Please see the link to the LSP/PGCE bursary Terms and Conditions
From 2021-22, the following bursary payments will be available:
- £24,000 (tax free for trainees with a 1st, 2:1, 2:2, PhD or Master’s)
- There is a scholarship of £26,000 in mathematics. Scholarships also come with a package of additional benefits from the appropriate professional body. For more information please visit https://getintoteaching.education.gov.uk/funding-and-salary/overview/scholarships/maths-scholarships
There are no bursaries for Physical Education for the 2021-22 academic year.
For further information please visit: https://getintoteaching.education.gov.uk/funding-my-teacher-training/bursaries-and-scholarships-for-teacher-training
If you’ve got a love of maths and a desire to teach you could receive £32,000 to teach maths - a £22,000 tax-free scholarship while you train and a further £10,000 after tax once in teaching. Other benefits of maths scholarships include membership offers, networking opportunities and professional development support.
Offered by the Institute of Mathematics and its Applications (IMA) in collaboration with the London Mathematical Society (LMS), the Royal Statistical Society (RSS), The Mathematical Association (MA), Mathematics in Education and Industry (MEI), and the National STEM Learning Centre, the scholarship gives the best maths graduates the chance to start an exciting career in teaching.
As part of the scholarship, you’ll get access to superb professional resources and two years’ free membership of professional bodies. You’ll also join a community of like-minded and passionate maths enthusiasts, giving you the chance to be inspired, get support and share new ideas.
To qualify for a maths scholarship, you’ll need a 2:1 or higher in a subject with significant mathematical content. If you have a 2:2 degree, you are still encouraged to apply if you can also demonstrate relevant experience.
If you are looking to complete a subject knowledge enhancement course in maths before September 2018, you are also eligible to apply.
Prior to assessment, you should be able to showcase exceptional subject knowledge, dedication to teaching maths and the potential to become an inspirational and talented maths teacher.
Find out more about the eligibility criteria.
How to apply
You’ll need to apply directly through the IMA website. Please note: you’ll be able to apply for a maths scholarship from 9 October 2018. In the meantime, register with us for support with your scholarship and teacher training application.
PGCE students permanently resident in the United Kingdom (this excludes Wales, the Isle of Man and the Channel Islands) who are from households with an annual income of between £18,001 and £30,000 (including training bursary and income declared to Student Finance England) are eligible for a £500 Travel Bursary from Loughborough University.
PGCE students permanently resident in the United Kingdom (this excludes the Isle of Man and the Channel Islands) who are from households with an annual income of £18,000 or less (including training bursary and income declared to Student Finance England) are eligible for a £3,000 Travel and Living Costs Bursary from Loughborough University.
Income declared to Student Finance England - generally described as 'household income'* can be based on various figures depending on the trainee’s situation.
If the trainee is single and treated as independent** of their parents then the only income taken into account by Student Finance England would be unearned income of the trainees themselves. Unearned income includes interest on savings (but not the capital itself), income from investments such as stocks/shares, rental income from property and also any pension payments (for example dependant's pension).
If the trainee is treated as dependent on their parent(s), the Student Finance England income takes account of parents' household income (salary or self-employed income plus any taxable income from other sources) and includes the income of any partner or spouse living as part of the household even though a new partner or spouse is not a parent of the trainee.
If the trainee is married/in a civil partnership or aged over 25 and co-habiting, their spouse/partner's income is taken as household income.
* Household income means gross taxable income - most commonly salary before tax/national insurance deductions
** Independent student means one of the following applies:
- Aged over 25 on 01/09/2019
- Parents deceased
- Married or civil partnership before 01/09/2019 (even if the marriage or partnership has since ended)
- Formally estranged from parents
- Trainee has supported themselves for at least 3 years before starting the PGCE
For further details please visit the universities financial support page (http://www.lboro.ac.uk/media/wwwlboroacuk/content/feesandfinancialsupport/lsptermsandconditions/LSP%20and%20PGCE%20TCs%2018-19.pdf)
Loughborough University awards a bursary of 10% of your tuition fees, set against tuition fees, to Loughborough University graduates commencing the PGCE course in the following subjects:
- Physical Education
This bursary payment will be in addition to other bursaries from the Department for Education, the Institute of Mathematics or Loughborough University which are associated with your specialist teaching subject, degree classification or income.
To be eligible for the Alumni Bursary of 10% of your tuition fees, you must have studied at and obtained a Bachelors degree from Loughborough University which qualifies you for entry to the PGCE course. You do not have to apply for the Alumni Bursary; it will be set against your tuition fees automatically on registration.
Loughborough University produces high quality graduates and it is hoped that this additional financial incentive will encourage you to continue your studies at Loughborough University where we train high quality secondary school teachers.
All PGCE trainees starting their studies in 2021 will be charged £9250 tuition fees by the university. However, you will be entitled to borrow a tuition fee loan to offset this cost. You will not have to pay your fees upfront; you can request that your fees are added to your student loan.
The vast majority of partnership schools are normally within 40 miles (one way) from the University. Due to the distance of many of our schools from Loughborough, we are reliant on trainees travelling to schools using public transport or their own cars to transport themselves (and others) to school.
We ask that car owners co-operate by transporting peers, and that passengers co-operate by being organised and ready to be picked up at the arranged time and at the agreed venue. Drivers should not have to wait for passengers. Passengers should expect to contribute to travel cost at the rate of 15 pence per mile and this payment should be organised between trainees. We also ask that trainees make every effort to reduce the number of cars travelling to any one school as car parking space is limited in many schools.