A picture from Welcome Week

Fees and funding

Scholarships, studentships, loans and tuition fees

Each year LSE offers over £11.5 million in scholarships to its graduate students. There are also funding opportunities from external organisations, research councils and governments around the world.


Tuition fees

Every graduate student is charged a fee for their programme.

Fees cover registration, teaching, first entry to examinations, the use of the Library and membership of the Students' Union. They also normally cover teaching and the use of student common rooms at other colleges of the University of London, if your programme has intercollegiate arrangements. If you receive an offer, you will be informed of the relevant tuition fee amount in your offer letter.

Tuition fees amounts

Tuition fee amounts are listed on the individual programme pages. You can also refer to the table of fees below.

See the table of fees for 2018/19 entry [PDF]
See the table of fees for 2017/18 entry
[PDF]

Fee status

In some cases the amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home (UK/EU) or overseas student, otherwise known as your fee status.

LSE assesses your fee status based on guidelines provided by the Department of Education.

The UK Government has confirmed that the fee level for EU graduate new entrants in 2017/18 will be the same as Home UK for the duration of their degree programme. The UK Governemnt has confirmed this will also be the case for graduate new entrants in 2018/19. Further information can be found on gov.uk website.

Fee reductions and rewards

Students who completed undergraduate study at LSE and are beginning taught graduate study at the School are eligible for a fee reduction of 10 per cent of the fee. Some programmes, such as executive programmes, are excluded from this fee reduction.

For 2017/18 entry, there is also an early payment reward for self-financed students who pay their tuition fees by specific dates.
This is not available for 2018/19 entry.

Further information

Early payment reward and alumni discount
Fee status classification
Fees and Student Finance
LSE Student Fees Policy

Living costs

We estimate that you should allow about £1,100-£1,300 per month for all living expenses, including accommodation, travel, food, laundry, study costs, and other personal expenses. This will vary depending on your lifestyle and requirements, so it's important you do your own research.

Please note that if you will be applying for a visa, you will have to provide evidence of sufficient funds, and these amounts may vary.

More details on living costs and making a budget.

Funding from LSE for taught master's and diploma programmes

LSE offers over £11.5 million in scholarships each year to its graduate students from the UK, the EU and outside the EU.

Approximately 19 per cent of taught master's offer holders are successful in obtaining some form of financial support from the School.

The value of support ranges in value from 10 per cent of the tuition fee to a full fees and maintenance award.

Although the terms of the UK's exit agreement from the EU have not yet been finalised LSE will continue to make funding available to all students regardless of fee status.

Needs-based awards

We offer a range of needs-based awards for diploma study and taught master's programmes. This includes:

Country based and subject based awards

The School also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas.

These vary year to year and information about awards available for 2018 entry will be available from November 2017.

Other funding opportunities

Further details on funding opportunities for taught master's study.

How to apply

After you submit your application for admission to LSE, you will emailed with a link to the LSE Graduate Financial Support Application form.

The deadline for completing the form for those starting at LSE in 2018 is 26 April 2018.

We recommend you apply as soon as possible after receiving the link. We will use the information on the form to consider you for the Graduate Support Scheme and for any other LSE scholarships and awards you may be eligible for.

Funding from LSE for research programmes

For 2018 entry, LSE will offer over 100 major studentships to new PhD students in the form of LSE PhD Studentships and LSE ESRC Studentships.

LSE PhD Studentships

LSE has its own prestigious PhD Studentships, which are available on all MRes/PhD and MPhil/PhD programmes, for UK, EU and overseas students.

Studentships are tenable for four years and cover full fees and an annual stipend, which is £18,000 for students starting in 2018.

ESRC funding

LSE has an Economic and Social Research Council (ESRC) Doctoral Training Partnership (DTP) and has ESRC studentships in a number of programmes for UK and EU students.

Studentships are tenable for three or four years, depending on the programme of study. They cover full fees (UK and EU level) and an annual stiped, which for 2017 entry was £16,553.

Individual programme entries detail which programme are eligible for ESRC funding.

Other funding opportunities

Further details on funding opportunities for MRes/PhD and MPhil/PhD students.

How to apply

Academic departments nominate students for consideration by a School panel for all PhD funding opportunities they may be eligible for. There is no separate application for any of these studentships. To be considered for this funding, you must submit your complete application for admission to LSE by a specific date. This date differs by academic department.

  • deadline for MRes/PhD Economics for 2018 entry (including PhD Studentships and ESRC funding): 13 December 2017
  • deadline for ESRC funding for 2018 entry: 8 January 2018
  • deadline for PhD studentships for 2018 entry: 26 April 2018

External funding opportunities

UK Government loan

A postgraduate loan of up to £10,000 is available from the UK government for eligible students studying for a first master's programme, to help with fees and living costs.

Disabled Student's Allowance

A Disabled Student's Allowance (DSA) for UK students was available in 2016 to help with costs incurred during a programme as a result of a disability.

Loan schemes from other countries

Loan schemes to help fund graduate study at LSE are also available from some other countries. Student loan information.

Co-funded awards

The School works with funding and scholarship agencies around the world to co-fund a number of awards.

Other external funding opportunities

Further details on funding opportunities for taught master's study.

Further details on funding opportunities for MRes/PhD and MPhil/PhD students.