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Scholarships and financial support 2016

Information for 2016

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, while Government support, in the form of loans, is available to UK and some EU students. 

Detailed information about the support available from the UK government and from LSE is available here. A summary of the most recent information is below.

Government support

for students from England

Maintenance loans

A loan (worth up to £5,503) to help with living costs during term times and holidays, is available for all undergraduates from England studyin in London. The loan can be increased up to a total of £10,702 depending on household income, which is assessed as part of the application. The Government publishes new information as it becomes available.

Different financial support packages are available for students from Wales, Scotland and Northern Ireland. Students from these countries should refer to one of the following websites. 

Student Finance Wales

Student Awards Agency Scotland

Student Finance Northern Ireland

Special Support Grant

The special support grant used to replace the maintenance grant for some students who during the course of the academic year, met the conditions for being a 'prescribed person' under the income support or housing benefit regulations. Under the new system, students in this situation are entitled to an enhanced loan up to a value of £11,671 for study in London. Students who are likely to qualify include:

  • Single parents
  • Other student parents if they have a partner who is also a student
  • Students with certain disabilities

Other students may be eligible for the Special Support Grant. You don't necessarily have to receive or even have applied for Income Support or Housing Benefit. Please see the Gov.UK website for more information.

for EU students

Students from the EU are not usually eligible for UK Government financial support. However, EU nationals (or children of EU nationals) who have lived in the UK or islands for three years before the start of their programme may now qualify for a student loan and grants. Please see the Gov.UK website for more information.  

for 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 British Council, or UKCISA.

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LSE financial support

UK students

LSE offers generous funding for UK and EU students which supplements the Government grants and loans. Our bursary package is one of the most generous in the UK higher education sector. The following is subject to confirmation of the 2016 Access Agreement.

LSE Bursary

Students from the UK with a household income of up to £42,600 are eligible for an LSE bursary. This is worth up to £4,000 per year - or £16,000 over a four year programme. The maximum bursary will be £4,000 per year for students with the lowest family income.

LSE scholarships

Each year LSE awards a number of scholarships funded by private or corporate donation to UK 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. For more details about these scholarships, and information on how to apply please see our financial support webpages

Goldman Sachs Simon Morris Scholarships

Four Goldman Sachs Simon Morris Scholarships, each worth £15,000 per year, are available for UK students applying for any undergraduate programme at LSE.  

Awards for asylum seekers

LSE is offering two awards made up of a partial fee waiver and financial support for:

  • Asylum seekers (or children of asylum seekers) holding an offer of a place on an LSE undergraduate programme; and
  • Offer holders who have been granted limited leave as a result of an asylum application

These awards support those unable to access a tuition fee or maintenance loan from Student Finance who are assessed at the overseas fee rate. The partial fee waiver reduces the fee to the UK/EU level, and the fee and maintenance award is worth up to £20,000 a year depending on financial need. This is made up of £9,000 to cover the payment of the tuition fee and up tot £11,000 for maintenance.

EU students

LSE Bursary

Students from the EU (outside the UK) and with a household income of less that £42,600 a year are eligible for an LSE bursary, with a maximum value of £4,000 per year for students with the lowest family income.

LSE scholarships

LSE offers a number of undergraduate scholarships of varying amounts each year to EU 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. For information on how to apply please see lse.ac.uk.financialsupport 

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. In 2015, the School disbursed nearly £770,000 in entrance awards available to self-financing students of all nationalities. The amount of assistance will vary according to individual financial needs but awards are usually between £6,000 and £26,000. This financial aid is available only for study at LSE. Awards are renewable for each year of your programme. The application deadline is 27 April 2016.

LSE scholarships

The School offers a limited number of undergraduate scholarships of varying amounts each year for overseas students. For information on how to apply please see lse.ac.uk.financialsupport

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