Martingale Foundation Scholarships

Fully funded scholarships to enable students to pursue Masters and PhDs in Maths, Statistics, Theoretical Physics and Artificial Intelligence.

A Martingale Scholar receives:

  • A fully-funded scholarship to pursue a Masters and/or PhD at one of the Martingale partner universities (University of Birmingham, University of Bristol, University of Cambridge, University of Edinburgh, Imperial College London, King’s College London, University of Manchester, University of Oxford, Queen Mary University of London, University College London).
  • All tuition fees and research expenses covered, including a tax-free stipend for living costs.
  • Tailored support to apply for a Martingale PhD Scholarship.
  • Access to the Martingale Development Programme, including leadership training and access to top academic and industry professionals.
  • Membership of a pioneering community of future STEM Leaders.

Applicants for this opportunity must meet the following criteria:

  • Applicants must have achieved, or are expecting to achieve, a first or upper-second class undergraduate degree in mathematics or a closely related subject from any university.
  • Be eligible to commence a Masters or PhD degree at a UK university from September 2025.
  • Qualify for home fee status at Martingale’s partner universities.
  • Have been to school in the UK or Ireland for at least three years between the ages of 11 and 18; or if not, for at least seven years between the ages of 4 and 18.
  • 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.
  • 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.

Shortlisted candidates will be invited to an assessment centre in London, Bristol or Edinburgh for PhD studies, or an online assessment centre for Masters studies.

The assessment centres are currently scheduled for:

  • 11th, 12th, 21st, 22nd November in London (PhD)
  • 14th, 15th November in Edinburgh (PhD)
  • 18th, 19th November in Bristol (PhD)
  • 25th, 26th, 27th, 28th November Online (Masters)

Successful candidates are awarded a full scholarship, subject to receiving an offer and meeting the offer conditions from a partner university.


The deadline for applications has now passed.


Applications are made to Martingale and they will notify applicants by Wednesday 4th December, after the assessment centres take place.


 For any further information please visit the Martingale Foundation website.