Ministers believe it is an "important subject" and may help school pupils to learn modern languages.
Less than 15 per cent of state schools teach Latin and the number of qualified teachers is falling.
However, the Department for Education is understood to be considering adding Latin to the new Languages diploma, which will run alongside GCSEs and A-levels from next year. Baroness Morgan, the schools minister, has indicated that the Government wishes to see Latin regain its status as an important language.
She said it was "an important subject and valuable for supporting pupils' learning of modern languages". She added that the Language Diploma Development Partnership was "considering the place of Latin".