Financial Matters

Tuition fees

The General Course tuition fee is £16,874 for the 2014/15 academic year. Please note that the tuition fee is the same for all General Course students, regardless of nationality or residence.

You should check with your study abroad adviser about arrangements for paying tuition fees, as many institutions will pay the tuition fee on behalf of their students.

The fee covers tuition, examination entry, library use, access to all LSE social, health and welfare facilities and Students' Union membership. It does not cover accommodation or living costs which must be budgeted separately.

There are a variety of funding opportunities| for General Course students. Many study abroad students also choose to undertake paid work| to supplement their funds during or after their time at LSE.

Living costs

London has a reputation for expense. However, the city can be as pricey or as affordable as your personal tastes dictate - some students are able to live on less, some need more. However, regardless of your lifestyle there is no cheaper time to live in London than when you are a student, as there are a huge number of discounts| available to the 250,000 students in London.

The following figures offer an approximate guide to living costs while an LSE student; how much you spend is ultimately your own decision.  The important thing is that you satisfy yourself, and the relevant authorities, that you have sufficient funds to cover your entire period of study.

Approximate living costs

 Accommodation 

 £6,800 (£170 per week) 

 Food

 £2,400 (£60 per week)

 Travel

 £800 (£20 per week)

 Books

 £400 (£10 per week)

 Personal

 £1,600 (£40 per week)

 Total

 £12,000 for 40 Weeks (£300 per week) 

Student discounts

There are many cost-saving advantages to being a student in London. A selection of these are outlined and listed below.

18+ Student Oyster Photocard

Save 30%| off the adult price on a range of travel passes for tube|, rail|, bus |and tram| (yes, London has trams!)

Discount voucher sites

Numerous websites offer daily discounts specifically targeted at students that offer deals such as 2 for 1 meals, reduced accommodation, and sale items. Examples include studentbeans|, studentdiscounts.co.uk|myvouchercodes.com| and mydeals.com|.

Subsidised social calendar

As a General Course student, you will have access to a wide range of trips and events around the UK and Europe, arranged in collaboration with a company called Proscenium. Past excursions have included destinations such as Paris, Amsterdam, Bruges as well as the Scottish Highlands. There are also London tour groups and theatre nights throughout the year. General Course students save up to 50% on subsidised discounts in these packages which are tremendously popular every year.

Second-hand course books

Alpha Books|, based on campus, offers a range of discounted books, as well as a healthy stock of second hand titles. Similarly, Waterstone's Economists' Bookshop| situated opposite the Student Services Centre offers a second-hand buy-back scheme for course collection books.

Free events and exhibitions

Thousands of events and exhibitions take place in London every year and a great number of them are free to the public. London is also home to world-class museums and galleries, many of which are free to visit. 

The Visit London| website has a wealth of information about free things to do in London, as do our London life| pages.

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