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Let’s talk about the money….
The tuition fee to train full-time as a teacher with Mid Essex ITT is £9,250. If you choose the part-time route, it is £6,000 per year, across two years, a total of £12,000.
You can apply for a loan from Student Finance England. They will pay the money directly to Mid Essex ITT to cover your fees. You will only have to repay the loan after April, when your income is over the threshold. Interest starts being added to your loan from when you make your first payment.
For more information, visit Student Finance England.
School Direct “salaried” trainees do receive a salary. This is an on-the-job programme that allows you to qualify as a teacher and pays a salary while you work. As an unqualified teacher, you will be paid a taxable income of £18,169 (2020-2021 figures). The school will cover the cost of your training to become a qualified teacher too. Please note that you will only be considered for this route with significant previous school experience, ideally in a teaching capacity.
Yes! Some subjects are eligible for a tax-free bursary. This does not have to be paid back. The amount of funding depends on the subject you intend to teach (not your degree subject), your degree classification or highest relevant academic qualification. You do not need to apply for a bursary – if you are enrolled on a non-salaried postgraduate course and meet the eligibility criteria, Mid Essex ITT will apply on your behalf, and you will begin receiving payments in the October of your first term.
* Availability of a bursary is dependent on your highest relevant academic award and the subject in which you are training to teach. To receive a bursary or scholarship you must be entitled to support under the Student Finance England criteria. Bursaries are available to trainees with a first, 2:1, 2:2, Master’s or PhD. Availability is dependent on your highest relevant academic award and the subject in which you are training to teach.
Scholarships of £29,000 are available in Chemistry, Computing, Mathematics and Physics, and £27,000 in Geography and Languages for some trainees. These prestigious awards are aimed at high-quality graduates with a 2:1 or first-class degree. The scholarship will be instead of the standard bursary, but trainees who are not awarded the scholarship will still be eligible for the standard bursaries. For further information, visit the appropriate subject association website:
Visit www.getintoteaching.education.gov.uk or www.gov.uk for further information.
You may be able to borrow money to help pay for university or college tuition fees, and to help with living costs. You might get extra money on top of this, for example if you’re on a low income, are disabled or have children. For example, you might be eligible for a:
Take a look at the student finance calculator to see if you’re eligible.
If you are following the non-salaried School Direct route, you are also a full-time student and can apply for an NUS Extra discount card.
Visit www.totum.com for information.