There are a range of awards available for study at this level.
Approximately 19% of taught masters offer holders are successful in obtaining some form of financial support from the School.
The value of support ranges in value from 10% of the tuition fee to a full fees and maintenance award.
Graduate Support Scheme
The scheme will reopen in November 2014 for applications to the 2015/16 session.
LSE's major financial support scheme for study at taught masters level is the Graduate Support Scheme (GSS). This scheme is open to all applicants from all countries in the world, with the exception of those undertaking specific modular or executive programmes such as the MSc in Finance (Part time) or the MSc in Health Economics, Policy and Management.
Around £2 million is available annually in the form of awards from the Graduate Support Scheme. The Scheme is designed to help students who do not have sufficient funds to meet all their costs of study. GSS awards range in value from £3,000 to a maximum of £12,500, and have an average value of £6,000.
In 2012, the largest single number of LSE GSS awards were made to students from the UK, followed by students from America, Europe, East and South Asia. Awards are made on the basis of financial need.
Application to the Graduate Support Scheme is via the LSE Graduate Financial Support Application form. This form will be made available to you once you have submitted an application for admission to the School. The form will then be available until 5pm (UK time) 27 April 2015.
More information about the Graduate Support Scheme
How to apply for admission
If you complete the LSE Graduate Financial Support Application form, and are made an offer of admission by 28 April 2014, you will also be automatically considered for any other awards being offered by LSE, for which you are eligible, with the exception of Arts and Humanities Research Council (AHRC) and Economic and Social Research Council (ESRC) funding where there are separate department led processes in place. AHRC and ESRC funding is relevant to Home UK and Home EU applicants only, and there are also subject restrictions in place.
We offer a range of awards based on different criteria such as a specific programme of study, nationality, or country of permanent domicile.
In addition, a number of external organisations offer funding to support postgraduate study. We recommend that applicants follow up as many avenues as possible to find funding. Please be aware that if you accept funding from an external source, it is your responsibility to check the terms of the award. Some awards are accompanied by specific terms and conditions which you should be sure you able to meet before accepting the award.
Information about other Awards offered by LSE or external organisations.
Please take some time to look at all the other awards available to support your study at LSE. The details of these awards are updated each October, but new LSE awards may become available during the course of the admissions cycle. We will only write to successful applicants for these awards. Selection for these awards will take place between May and July 2015 and all successful applicants will be notified by 31 July 2015.
LSE Master's Awards (LMA's)
LSE Master’s Awards are part of LSE’s portfolio of funding for Postgraduate Taught Master’s students. The primary scheme for PGT students is the Graduate Support Scheme (GSS), which is designed to supplement other funding secured by a candidate (by way of savings, loans and external scholarships).
Shortlisting for named awards is done from the long list of offer holders whose financial need is too great for the GSS, and who have indicated on their financial support application that they wish to be considered for other scholarships (by providing further information in the personal statement of the LSE Graduate Financial Support Application).
As named awards vary from year to year, a fund is set aside to provide a small number of LMA’s for those candidates who are not eligible for named awards, because of their restricted criteria. LMA’s are also used to supplement named awards where the latter are insufficient to meet the shortfall of the eligible candidate.
Preference is given to those from low and middle income countries, particularly if loan funding is not available or if those countries are under-represented in other award schemes administered by the School.
Awards can range in value from £5,000 to a full award.