A picture from Welcome Week

Fees and funding

Scholarships, studentships, loans and tuition fees

Each year LSE offers generous 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. If you receive an offer, you will be informed of the relevant tuition fee amount in your offer letter.

Tuition fee amounts

Tuition fee amounts are listed on the individual programme pages. The table of fees shows the latest tuition amounts for all programmes offered by the School.

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 or Overseas student, otherwise known as your fee status.

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

Further information about fee status classification.

Fee reductions

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.

Further information

Alumni discount
Fees and Student Finance
LSE Student Fees Policy

Living costs

We broadly estimate that you should allow about £1,300-£1,400 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

Funding from LSE for research programmes

For 2024 entry, LSE will be offering studentships to new PhD students in the form of LSE PhD Studentships, LSE ESRC Studentships and LAHP AHRC Studentships.

These awards are open to high calibre students of all nationalities studying across all research areas at the School.

LSE PhD Studentships

LSE PhD Studentships are tenable for four years and cover full fees and an annual stipend. They are available for UK, EU and international students undertaking research in any LSE discipline, with annual renewal subject to satisfactory academic performance.

These awards will be made solely on the basis of outstanding academic merit and research potential. This relates both to your past academic record and to an assessment of your likely aptitude to complete a PhD in your chosen topic in the time allocated.

ESRC funding

LSE has an Economic and Social Research Council (ESRC) Doctoral Training Partnership (DTP) and has ESRC studentships in a number of programmes across 19 departments. These studentships are available for students of all nationalities.

Studentships are tenable for three or four years, depending on the programme of study. They cover full fees (for international students, LSE will cover the difference between UK and overseas fees) and an annual stipend.

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

AHRC funding

LSE is part of LAHP (London Arts and Humanities Partnership), which is funded by the Arts and Humanities Research Council. Students of all nationalities can apply for one of these studentships.

Studentships are tenable for three years and they cover full fees (for international students, LSE will cover the difference between UK and overseas fees) and an annual stipend. LSE will also cover full fees and stipend for an additional fourth year.

LSE Departments that typically host AHRC studentships are International History, Media and Communications, Philosophy and Law, but students from other disciplines (for example, Anthropology, Gender Studies and International Development), can also apply if their research falls within the remit of AHRC, as explained here.

Department-specific funding

Check the programme-related funding page for PhD funding opportunities.

How to apply

Except for LAHP studentships (see below), academic departments nominate students for the funding opportunity they may be eligible for. There is no separate application for LSE, ESRC and department-specific 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 being considered for LSE PhD Studentships and ESRC funding for 2024 entry if you apply to a programme in the Department of Law: 1 December 2023

  • deadline for being considered for LSE PhD Studentships and ESRC funding for 2024 entry if you apply to a programme in the Department of Economics: 14 December 2023

  • deadline for being considered for ESRC funding for 2024 entry: 15 January 2024

  • deadline for being considered for LSE PhD Studentships for 2024 entry: this can either be 15 January 2024 and/or 25 April 2024 depending on the programme you are applying to. Details can be found on the individual programme page.

To be considered for a LAHP studentship for 2024 entry, students need to have applied for their chosen programme of studies. They will also need to submit a separate funding application to LAHP, deadline to be confirmed. Details of the application process can be found here

External funding opportunities

UK Government loans

Postgraduate master's loan

A postgraduate master's loan from the UK government is available for eligible students.

Postgraduate doctoral loan 

 postgraduate doctoral loan from the UK government is available for eligible students.

External Private Loans

LSE has agreements with three loan providers who offer various packages dependent on your nationality, chosen programme of study, financial status and future earnings. The Lenders are Lendwise, Future Finance and Prodigy.

More information can be found here