You will receive an unqualified teacher’s salary from your school, and the cost of your training will be covered, but you may be charged for your PGCE fees if awarded. Answered -> Do you get paid for PGCE?
PGCE bursaries are paid in 10 equal monthly instalments, running from October to July. Although your bursary isn’t taxable, it might be counted as capital income if you receive state benefits. Check with your local benefits office to see how it might affect your status.