Faraday Upper Background Image Alt Text
Share |

Funding and scholarships


Through its charitable remit the IET is able to offer support for local education projects. 

Engineering Education Grant Scheme

The IET and the Institution of Mechanical Engineers (IMechE) have merged their educational grant schemes to produce greater coherence in their funding for formal and informal learning support. This grant scheme aims to engage young people aged 5-19 years in learning about engineering and to develop the professional skills of those involved in supporting STEM learning and careers awareness.

Any organisation capable of developing and delivering UK-based educational activities is eligible to apply, including schools, IET or IMechE members and STEM organisations.

There are two levels of funding available. Awards of up to £5,000 (inclusive of any applicable VAT) are available for standard applications to the fund, and up to four awards of £15,000 are available each year. Applications must be endorsed by an authorised representative of the IET or IMechE. 

Download further information and application forms from www.theiet.org/fund

School Grants Scheme

The Institute of Physics (IOP), IET and Science and Technology Facilities Council (STFC) provide schools with funds to carry out projects, participate in activities or purchase materials not normally covered by school budgets. 

The scheme awards funds up to £500 for projects linked to the teaching or promotion of physics or engineering and is open to all UK educational organisations teaching students aged 5-19. There are three opportunities to apply each year in February, June and November. Further information, including guidance notes and examples of funded projects, can be found on the IOP website.


Awards and Scholarships

The IET Awards programme includes awards to reward and celebrate individual excellence and innovation, undergraduate and postgraduate engineering scholarships.  

Achievement Awards

Celebrating individual excellence in engineering and technology.


A range of undergraduate and postgraduate scholarships and prizes.

Innovation Awards

Spanning 15 categories, these free to enter international awards are open to individuals and organisations in both industry and academia. Judged by engineering experts, the Innovation Awards recognise the depth and breadth of innovative work being carried out across all areas of engineering and technology.

Power Academy Scholarships

Scholarships and work placements available to undergraduate students interested in a career in power engineering.

Present around the World Competition

The IET presentation competition for students, recent graduates, apprentices and young professionals aged 18 to 26, on a subject related to engineering and technology.

Young Woman Engineer of the Year Award

The IET Young Woman Engineer of the Year Award seeks to reward the very best female engineers that the UK has to offer, highlight the achievements of women in engineering and encourage others to enter the profession.


Find out more about all of the above awards and scholarships or contact the Awards and Prizes department of the IET.