LSE Bursaries - new students

Please note that the bursary amounts on this page are applicable to students who will commence their programmes in 2014/15, those who started earlier have different arrangements|.  

Students from England, Northern Ireland, Scotland and Wales who are eligible for a full or partial grant are also eligible for an LSE Bursary. For students commencing programmes in 2014 onwards, the maximum Bursary available is £4,000 per year for those students with the lowest residual incomes. The Bursary value tapers to £750 for those students on a partial grant.

LSE Bursary values (UK and EU) for students commencing programmes in 2014/15

 Student's household income

  Grant status

  LSE award per annum

 £0 - £18,000

 Full grant

£4,000 

 £18,001 - £25,000

 Full grant

£3,500 

 £25,001- £30,000

 Partial grant

£2,750 

 £30,001 - £35,000

 Partial grant

£1,750 

 £35,001 - £40,000

 Partial grant

£1000 

 £40,001 - £42,611

 Partial grant

£750 



 

You can use this Bursary to help with your living costs, to help pay your accommodation or even to help with your tuition fees. It is up to you how you choose to use your Bursary.

Please note that LSE Bursaries and LSE EU Bursaries are only available to LSE students. LSE does not provide financial support to those studying at other institutions.

UK students do not have to apply separately for the LSE Bursary. We will use the financial information you provide to the SLC for your grants and loans to determine your eligibility for and the value of your Bursary, provided you opt to be means tested. See the section on Applying for grants and loans| for further information.

You will be notified during the summer before the start of your degree programme of your Bursary award. The Bursary will then be paid into your bank account in three termly instalments. The first instalment will be paid in the October of the first term once you have registered

Eligibility for the LSE bursary is assessed annually (in line with annual assessments for maintenance grants and loans). There is no limit to the number of LSE Bursaries available. All English students who are eligible for an LSE Bursary will receive one.

The LSE bursary does not have to be repaid

If you are a UK student you may also be eligible for a Discretionary Bursary in addition to receiving an LSE Bursary.   

How to apply 

If you live in England, Northern Ireland, Scotland or Wales, you do not have to apply separately for an LSE Bursary. If you are awarded a full or partial Maintenance Grant and a Maintenance Loan, the SLC will send your details, automatically, to LSE and the value of your bursary will be calculated accordingly. If you are made a bursary award, you will receive a letter from the SLC (on behalf of LSE) confirming the value of your LSE Bursary.

If you are an EU student, we will not receive any information from Student Finance. Instead, you must complete the Undergraduate Scholarship Form (available in January 2014). We will write to you with the outcome of your application. You may apply during the academic year and for your second or third year of study, even if you have not previously applied. If you are a current EU undergraduate student who wishes to apply for an EU bursary, please contact the Financial Support Office at financial-support@lse.ac.uk|.

Discretionary Bursaries

A number of Discretionary Bursaries will be available for new LSE students who face exceptional financial needs. This might include, for example, caring responsibilities, financial need related to disability or an unavoidable requirement to live at home. The value of the award may vary according to need but is not expected to exceed a total of £4,000 combined with the LSE Bursary. These bursaries do not have to be repaid.

Any UK or EU student who receives an offer of a place at LSE is eligible to apply for a Discretionary Bursary.  Assessment for eligibility for the Discretionary Bursary will be made at the beginning of each year of study.

You will be considered by the Financial Support Office, using the standard Undergraduate Scholarship Form (available January 2014). Please ensure that you complete Section 7.3. The deadline of  2 June 2014 given for other awards does not apply to the Discretionary Bursary - forms should however be received by the end of August 2014.

You will be notified of the outcome of your application for a Discretionary Bursary once we have had confirmation of your LSE bursary entitlement, you can be awarded a maximum of £4000 from both sources combined.

Payment of LSE Bursaries

LSE Bursaries are paid by electronic transfer directly into your bank/building society account. It is essential that Student Finance have the correct details of your bank/building society account in order to make the payment. This information is required well in advance of your programme start date.

Each payment will take approximately 5 working days to show in the recipients bank account from the scheduled payment date.

The scheduled bursary payment dates for 2014/15 are:
Michaelmas Term: Friday 17 October 2014
Lent Term: Friday 23 January 2015
Summer Term: Monday 11 May 2015

If you applied late to Student Finance, did not agree to share the information you supplied to Student Finance with LSE, or you register or re-register after the start of term, there may a delay with your payment. However, your individual payment date will be clearly visible on your Student Finance record and contained in your LSE Bursary confirmation letter. 

Discretionary bursaries will be paid in the form of a cheque, students offered a Discretionary bursary will be given more information.

Renewals

Your LSE bursary will be made automatically for your second and third year of study once the School receives confirmation of your eligibility from Student Finance. You need to apply to Student Finance each year of your study, and when you do so you need to make sure that your information can be shared with the School. You should do this by leaving blank the box at the bottom of the Declaration at the end of the application form.

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