A picture from Welcome Week

Fees and funding

Scholarships, bursaries, loans and tuition fees

Each year, LSE awards around £4 million in scholarships and financial support to its undergraduate students. In addition to LSE's own funds, students may be able to access scholarships and financial support from governments and agencies around the world.

The scholarship has allowed me to feel financially stable, and broaden my horizons both academically and socially; I am able to purchase new books, buy into societies at LSE and go out and meet new people!

 

 

The School recognises that the cost of living in London may be higher than in your home town or country. LSE provides generous financial support, in the form of bursaries and scholarships to UK, EU and overseas students, whilst Government support is available to UK and some EU students.

This page summarises the financial support which is on offer for new undergraduates at LSE starting in September 2019 and also what is available from the UK Government.

Tuition fees

Every undergraduate student is charged a fee each year of their programme.

The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover living costs or travel or fieldwork.

Fees are fixed each spring for the following session only, and will be published in the Table of Fees.

All queries regarding your fees and fee payments are dealt with by the Fees Office.

Fee status classification

On receipt of your UCAS form the School carries out an assessment of your fee status determining the amount you are likely to pay at Registration. This decision is based on guidelines provided by the Department of Education: Education (Fees and Awards) Regulations 2007.

Further information on fee status classification

UK and EU students

Entry in September 2019

The fee for new UK and EU students starting in 2019 is £9,250. The fee may also rise with inflation in the subsequent years of your study.

*The UK Government confirmed in July 2018 that the fee level for EU undergraduate new entrants in 2019/20 will be the same as Home UK for the duration of their undergraduate degree programme. Further information can be found on gov.uk website.

Channel Island students

Entry in September 2019

For 2019 the LSE tuition fee for new undergraduates ordinarily resident in the Channel Islands is £9,250 for the first year, but may rise in line with inflation in subsequent years.

Overseas students

Entry in September 2019

The LSE tuition fee for new overseas (non-EU) undergraduates in 2019 is £19,920 for the first year.

Overseas students are required to pay this fee in instalments or in full at the start of each year. The overseas fee usually rises by between 2.5 per cent and 4 per cent each year.

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.

Tuition fee loans and government financial support

Students from England and the EU

Arrangements for 2019 entry have not yet been confirmed. Please see the information regarding 2018 entry, below, as a guide.

Tuition fee loans

For those starting at LSE in 2018, students ordinarily resident in England and the EU* do not have to pay the tuition fee up front. The UK Government provides students with a tuition fee loan to cover the full cost of the fee for the duration of your undergraduate programme.

Maintenance loans

The 2018 arrangements related to maintenance loans have not yet been published. The information below refers to the 2017 arrangements.

All eligible students from England are able to take out a maintenance loan to help with living costs. Students from the EU are not normally eligible for maintenance loans from the UK government, but may be eligible for a Bursary.

Students from Northern Ireland, Scotland and Wales

Students living in Northern Ireland, Scotland and Wales, including those who study in England, receive their financial support from their “home” devolved administration.

Check the relevant website below for the latest information on fees and financial support available.

Student Finance Wales
Student Awards Agency Scotland
Student Finance Northern Ireland

Please note that for students to be eligible for funding from Student Finance England, they must be studying on an eligible course at a provider registered with the Office for Students (OfS). The OfS is the new independent regulator for higher education in England and all higher education providers need to register with the OfS for their students to be eligible for student support in the 2019-20 academic year. The OfS will start publishing providers on its Register from July 2018. We have made an application to register and expect a decision by September 2018. No provider will be able to confirm whether student support is available until it has a decision from the OfS. Visit www.officeforstudents.org.uk for more information.

Overseas students

Overseas students, ie, those from outside the EU are not eligible to apply for UK Government funds.

However, there is a range of funding available for overseas students from external agencies, bodies or your home government, details of which are available from your home government or nearest British Council office, or on the UK Council for International Student Affairs website.

Find out more about loans available from other governments.

LSE financial support - UK/EU students

The School provides generous financial support, in the form of bursaries and scholarships to UK, EU and overseas students.

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.

Entry in September 2019

Arrangements for entry in September 2019 have not yet been confirmed, however please view information below regarding 2018 entry as a guide.

LSE Bursaries

Undergraduate students from the UK and EU students are eligible for an LSE Bursary assessed according to household income.

For new students starting in 2018, 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 higher incomes to a maximum of £42,611.

LSE Discretionary Bursaries

A number of Discretionary Bursaries are available for UK and EU LSE students who face exceptional financial need. 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.

LSE Accommodation Bursaries

An LSE Accommodation Bursary is designed to encourage students from lower-income households to apply for accommodation in halls. Available for UK nationals, the value of the award will vary depending on the number of recipients and their financial need. 

LSE scholarships

Each year LSE awards a number of scholarships, funded by private or corporate donation, to our students. The number, value, eligibility criteria and type of awards vary from year to year.

All the scholarships are awarded on the basis of financial need in the first instance, and then academic merit.

Below are the details of confirmed scholarships for 2018 entry and they can be used as a guide for 2019 entry. New scholarships will become available during the course of the admissions cycle. We recommend you check this webpage on a regular basis. The application process is contained within each of the below sections.

Confirmed scholarships for 2018 entry

AwardValueNumber of
Awards in
2018
Eligibility 

Betty MacQuitty Scholarship

£20,050 per year

1

Any UK applicant, with a preference for a mature student.

Dr Christos Pissiotis Scholarship

£9,250 per year

1

A Greek resident with an offer on the BSc Economics or an economics-related programme.

Golden Scholarships

£5,000 per year

1

Any UK applicant, with a preference for a female student.

Kadas Scholarship

£15,000 per year

3

Students from specific European countries.

Pass the Torch Scholarships

£10,000 per year

4

Any EU or UK applicant on any programme.

Pauline Aviges Graham Scholarship for African Women

Up to £15,000

1

Female African national domiciled within specific African countries, or the UK or a female national of and domiciled within Iran, Iraq or Lebanon.

Richard Jonathan Clark Scholarship

Tuition fees and a stipend of £8,083 per year

1

A UK or EU offer holder for any programme.

 

LSE financial support - overseas students

The School provides generous financial support, in the form of bursaries and scholarships to UK, EU and overseas students.

LSE Undergraduate Support Scheme

The LSE Undergraduate Support Scheme (USS) is designed to help overseas students who do not have the necessary funds to meet all their costs of study. The amount of assistance will vary according to individual financial needs but awards are usually between £6,000 and £15,000.

LSE scholarships

Each year LSE awards a number of scholarships, funded by private or corporate donation, to our students. The number, value, eligibility criteria and type of awards vary from year to year. Awards are made on the basis of financial need in the first instance, and then academic merit. 

Below are the details of confirmed scholarships for 2018 entry and they can be used as a guide for 2019 entry. New scholarships will become available during the course of the admissions cycle. We recommend you check this webpage on a regular basis. The application process is contained within each of the below sections.

Confirmed scholarships for 2018 entry 

AwardValueNumber of
Awards in
2018
Eligibility 

The Beacon Scholarship at LSE

£20,000 per year

1

An offer holder from Kenya, Tanzania or Uganda.

Kadas Scholarship

£15,000 per year

3

Students from specific European countries.

LSE Mauritius Scholarship

The cost of tuition fees

1

Mauritian national currently residing in Mauritius.

Pauline Aviges Graham Scholarship for African Women

Approximately £15,000 (TBC)

1

Female African national domiciled within specific African countries, or the UK or a female national of and domiciled within Iran, Iraq or Lebanon.

Pestalozzi International Village Trust Scholarships

The cost of full fees and living costs

2

Overseas students sponsored by the Pestalozzi International Village studying at Sussex Coast College Hastings or Claremont Secondary School.

The Rajeeb Mukherjee Memorial Scholarship

A contribution towards the cost of study at LSE

1

A preference for an applicant from Canada, India or Bangladesh. Any undergraduate programme.

 

LSE Access to Education Scholarships

LSE is offering three LSE Access to Education Scholarships made up of support for the tuition fee and living costs for:

  • asylum seekers; or
  • a refugee; or
  • a person with humanitarian protection; or
  • a person who is residence in the UK and has been granted Discretionary/Limited Leave to Remain in the UK