The fee for Peninsula SCITT’s 1 year Initial Teacher Training programme for 2018/19 is £9,000.
There is a non-means tested tuition fee loan available to Home and EU/ EEA students through the Student Loans Company which can be claimed to cover some or all of the £9,000 fee. In addition to the tuition fee loan you may also be eligible for financial support through a combination of;
Further details of each strand of the student finance package follow, as well as links to other sites for more information.
UK or EU/EEA full time students can apply for a tuition fee loan of up to £9,000 through Student Finance England for this course.
The tuition fee loan is not means tested.
The loan is paid directly to your Teacher Training provider (e.g. Peninsula SCITT) to meet the fees.
You repay the loan once in full-time employment and earning above £21,000.
Repayments are taken directly from your monthly pay by HMRC and are set as a percentage of your pay above a certain level of pay.
You can choose to pay off a chunk or all of the loan at any point without incurring any financial penalties.
Below is a table detailing the bursaries that will be awarded for each subject for 2018/19, dependant on degree classification.
You do not need to apply for a bursary – this will be co-ordinated by your ITT provider as long as you are enrolled on a non-salaried postgraduate course and meet the eligibility criteria.
Please note that to receive a bursary or scholarship you must be entitled to support under the Student Finance England criteria. If you have a degree from outside the UK, you should refer to the oversees degree equivalency table for information about the bursary your degree may attract.
|Trainee's Degree classification||1st/ PhD||2:1/ Masters||2:2||Scholarship||Early-career payments|
|Design & Technology||£12,000||£9,000||£0||-||n/a|
Trainee teachers in Chemistry, Geography, Languages, Maths or Physics with a 2:1 or above are able to apply for scholarships of up to £28,000 (depending on subject) with the appropriate professional body (this would replace the bursary). Please follow the appropriate link below for subject specific information about the scholarships available.
For more information about ITT Scholarships available for each subject including eligibility criteria and instructions for applying please visit the Get into Teaching website.
If you’re an EU/EEA national you can also apply for a maintenance loan to help towards accommodation and living costs, from Student Finance England.
This loan is paid directly into your bank account at the start of term and has to be repaid along with the tuition fee loan.
Full-time UK students are also eligible to apply for a Maintenance Grant from Student Finance England. The grant is means tested and you will have to supply details about your household income as a part of the application process.
The grant is paid into your bank account at the start of term and does not have to be paid back, but any funds you get as a grant will reduce the amount of maintenance loan you receive.
As a full-time, UK student you may get a Special Support Grant instead of a Maintenance Grant if you get or qualify for;
The amount you get is the same as the Maintenance Grant but it won’t reduce the Maintenance Loan that you receive.
You may qualify for extra support such as a; Childcare Grant, Parents’ Learning Allowance, Adult Dependants’ Grant or Disabled Students Allowance.
It is recommended that you apply for student finance as soon as possible to ensure that financial support is in place for the start of the training programme. The quickest way to process your application for student finance is to apply online through the GOV.UK website. Remember when making your application to select the correct programme of study. If training with us your provider is Peninsula Teacher Training Cornwall SCITT and the course codes are as follows;
|Subject||UCAS Course Code||Student Loans Company (SLC) Course Code|
|Art & Design||2M2H||703188|
|Design & Technology||2M2L||671760|
|Science with Biology||2M2J||671757|
|Science with Chemistry||2M2K||671759|
|Science with Physics||2M2W||671786|
The Student Room (information about student loans from the Student Loans Company)