We fund and support a new generation of postgraduates to become STEM leaders

Do you have, or are you completing, an undergraduate degree in maths or a relevant STEM subject?

Do you want to pursue postgraduate studies in the mathematical or statistical sciences?

Do you want to become part of a growing community of future STEM leaders?


Applications for 2025/26 scholarships for a postgraduate degree will open in August. Please sign-up to our newsletter for updates about the process.

We are looking for candidates who have the academic potential and the motivation to undertake postgraduate research, while contributing to the cohort of Martingale Scholars.

Applicants will be prioritised based on evidence of financial need, academic potential and motivation for postgraduate research.

To be eligible for 2025, 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

04. Have been to school in the UK or Ireland for at least three years between the ages of 11 and 16; or if not, for at least seven years between the ages of 4 and 18

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

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 three application stages

01. Apply to Martingale

To apply, 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.

If you are shortlisted, you will be invited to an assessment centre, where you will be interviewed by an academic panel and a Martingale panel. 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.

02. Apply to partner universities

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.

03. Funding allocation

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.

Key dates

Monday 5 August 2024

Applications open

Ahead of this date we will publish a guidance document for applying to a Masters or PhD Scholarship

sunday 27 October 2024

Final application deadline

Applications will close at 23.59 on Sunday 27 October

October 2024

Assessment centres

Shortlisted candidates will be invited to an assessment centre in London, Bristol or Edinburgh

These are currently scheduled for:

11, 12, 21, 22, 25, 26, 27 and 28 October in London

14, 15 October in Edinburgh

18, 19 October in Bristol

Wednesday 4 december

Applicants will be notified of outcomes

Successful candidates are supported to apply to partner universities

Friday 13 December 2024

Masters showcase event

Successful Masters candidates have the opportunity to meet with academics from our partner universities to learn more about eligible courses at an in-person event in London

December – january 2025

Application support workshops

Martingale will run online Masters and PhD application support workshops throughout this period

january – February 2025

Applications to partner universities

Candidates apply directly to partner universities for Masters and PhDs

Thursday 13 March 2025

Confirmation of university offers and funded places

Candidates successful in receiving an offer from a partner university and meeting any offer conditions, will be officially offered a Martingale Scholarship

Programme brochure

All you need to know about the Martingale Scholarship programme.

Applications open in August

Applications will re-open for 2024/25 in August. Find out more about the Scholarship below.

Email us

We’re here to support you in any way you need.

We are delighted to be partnering with some of the UK’s leading research universities to offer postgraduate scholarships.

Each partner university has made significant commitments to the programme to provide a world-class experience for scholars.
For the 2025 Martingale Scholarships, we are offering select Masters degrees and PhDs in the mathematical sciences and related subjects.

You can find more information about our partner universities below. This includes some background on each university and department, the eligible courses being offered and their standard admissions process. You should also seek further information from universities directly, including their graduate admissions departments.

Once you are successful through the Martingale Foundation application process, you will then need to complete a separate application for each university, which must be done in accordance with the university’s standard admissions process and deadlines.

University of Bristol

University of Cambridge

University of Edinburgh

Imperial College London

King’s College London

University of Manchester

University of Oxford

University College London