Martingale Postgraduate Scholarship
About this opportunity
The Martingale Foundation funds and supports a new generation of postgraduates to become STEM leaders.
Through fully-funded Scholarships and access to a community of pioneering leaders, we enable students to pursue postgraduate study at some of the leading research universities in the UK.
A Martingale Scholarship includes:
• A fully-funded Scholarship to pursue a Masters degree or PhD at one of our partner universities
• All tuition fees and research expenses, including a tax-free stipend for living costs
• Tailored support to apply for a PhD Scholarship
• Access to the Martingale Development Programme, including leadership training and connections with top academic and industry professionals
• Membership of a pioneering community of future STEM leaders
For the 2025 Martingale Scholarships, we are offering select Masters degrees and PhDs in the mathematical sciences and related subjects our partner universities. Each partner university has made significant commitments to the programme to provide a world-class experience for Scholars.
Our current university partners include the University of Bristol, University of Cambridge, University of Edinburgh, Imperial College London, King’s College London, University of Manchester, University of Oxford, and University College London. You can find further information on the courses available at each partner university on our website.
Level of Study
- Master’s - Taught
- Master’s - Research
- PhD
Eligibility
Asylum seeker, Refugee, Humanitarian protection, Limited or Discretionary Leave to Remain, Indefinite Leave to Remain, Ukraine or Afghan Schemes, British National Overseas (BNO), Other forms of sanctuary (including Calais Leave, Section 67 Leave, UASC leave and Stateless Leave)
Additional notes about eligibility criteria
To be eligible for a Martingale Scholarship, you must:
01. Have achieved, or be on track to achieve, a first or upper-second class bachelor’s degree in mathematics or a related subject, from any university
02. Be eligible to commence a Masters or PhD degree at a UK university from September 2025
03. Qualify for Home Fee status at our partner universities (applicants meeting any of the above eligibility criteria can apply if they are also eligible for Home Fee status in the UK)
05. Have completed your GCSEs or equivalent at a state-funded school, or received a substantial scholarship or bursary to attend a fee-paying school or college. If applicants are applying with any of the eligibility criteria listed above, the requirement to have gone to school in the UK or Ireland is waived.
06. Have faced or are facing financial barriers, such as qualifying for a means-tested maintenance loan or grant that is above the minimum levels of support detailed from your regional or national funding body
The above criteria are not exhaustive. All applications are assessed on a case-by-case basis and we encourage candidates to provide as much detail as possible about their current financial situation and passion to pursue a postgraduate degree in their application.
What is included in this opportunity?
- Fee Waiver (no fees)
- Full bursary (study costs and full living costs)
- Application support and advice
Additional notes about support provided
Ahead of starting courses at universities, the Martingale Foundation provides a range of support to Scholars, including webinars with industry professionals and current PhD Students, one-to-one application and enrolment support, and cohort socials and events. We aim to build a strong network of Scholars and support them with their master’s and PhD applications.
Once Scholars have begun their studies at one of our partner universities, they will have access to a multi-year programme of support, including leadership training, career development and engagement opportunities. Through the programme, we provide access to a network of leading universities and businesses, including research and industry placements, and opportunities to meet with leading figures from across academia and industry.
There are two programmes depending on your stage of postgraduate study: the Masters Development Programme or the PhD Leadership Programme.
Scholars also take part in Solve for X: Where Academia Meets Industry, a holistic approach to skill-building and career progression, with Scholars participating in a residential retreat featuring group work, training sessions, and culminating in pitch presentations to an expert panel.
Martingale also strategically collaborates with charities in the education and social mobility sector, giving Scholars the unique opportunity to participate in community engagement such as tutoring and mentoring programmes, building further skills while supporting young people interested in STEM.
Types of study available
- Part-time / flexible
- Full-time
Additional details about application process
To apply for a Martingale Scholarship, you will need to complete our online application form. This helps us understand your background and your motivations to become a Martingale Scholar. You will need to provide an academic transcript, evidence of financial need, and two referees.
You should also seek further information from universities about the courses directly, including their graduate admissions departments.
We strongly encourage candidates to read the application guidance and application FAQs on our website before applying.
If you are shortlisted, you will be invited to an assessment centre, where you will be interviewed by an academic representative and a Martingale representative. These will assess your academic potential and your motivation to do postgraduate research. We will also assess how you would contribute to the cohort of Martingale Scholars.
If successful, candidates will then apply directly to one or more partner universities for an eligible course. Throughout this period, Martingale will run Masters and PhD application support workshops online.
You will complete a separate application for each university, which must be done in accordance with the university’s standard admissions process and deadlines. You will also submit your university preferences to Martingale.
Subject to being offered a place by at least one partner university, the Martingale Foundation will allocate one funded place to the candidate. Please note that if a university offer is conditional, the funding from Martingale will also be conditional.
The allocation process will match a candidate’s university preferences with the university’s candidate rankings. Through this process we aim to place a group of Martingale Scholars at each of our partner universities.
Is this opportunity available for individuals outside of the UK?
No
For further questions contact the scholarship provider
Email Us recruitment@martingale.foundation
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Resources
For further guidance on how to apply to university, check out our resources page
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