So, the ITT bursaries for 2023 have been released here: getintoteaching.education.gov.uk/funding-and-support/scholarships-and-bursaries
I'm a bit concerned about the level of some of these bursaries. If you're "earning" £29,000 tax free to train, then assuming you have undergrad student loans and you make pension contributions, you'll take a pretty hefty pay cut in terms of take home pay as an ECT, and you won't be taking home a similar amount until at least M4.
Surely this isn't going to help retain teachers long term? Wouldn't some of this money be better spent on retention payments, or just pay rises? I'm not against some kind of bursary for trainee teachers- I think it's very hard to do on just a student loan, but I'm not sure bursaries of this level really have much of an impact on the long term numbers of e.g. physics teachers.
Some of these subjects have attracted hefty bursaries for years, and yet there are still a lot of schools around me advertising for science and maths teachers for a January start, because they couldn't fill vacancies for September.