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 and overseas (including EU) students, whilst Government support is available to UK students.

This page summarises the financial support which is on offer for new undergraduates at LSE starting in September 2021 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 students

Entry in September 2021

The fee for new UK students starting in 2021 is £9,250. The fee may also rise with inflation in the subsequent years of your study.

Channel Island students

Entry in September 2021

For 2021 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 2021

The LSE tuition fee for new overseas (including EU) undergraduates in 2021 is £22,430 for each year of study.

Overseas students are required to pay this fee in instalments or in full at the start of 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

Tuition fee loans

For those starting at LSE in 2021, students ordinarily resident in England 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

All eligible students from England are able to take out a maintenance loan to help with living costs.

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 2019-21 academic year. LSE registered as a provider with the OfS in September 2018. Please visit www.officeforstudents.org.uk for more information.

Overseas students

Overseas students, ie, those from outside the UK 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 students

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

As the terms of the UK’s exit agreement from the EU are finalised, LSE will continue to make funding available to all students regardless of fee status.

LSE Bursaries

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

The bursary package for 2021 has not yet been approved but we will publish here in November 2020.

LSE Discretionary Bursaries

A number of Discretionary Bursaries are available for UK 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.

New scholarships will be available for 2021 entry and will be added here during the course of the admissions cycle. We recommend you check this webpage on a regular basis. The application process is currently being updates and details will be available here at the end of January 2021 and will be contained within each of the below sections.

Further scholarships for 2021 entry will be added here in the coming months

AwardValueNumber of Awards in 2021Eligibility 

Francesca Swirski Scholarship

£9,250 per year

2

UK students on any programme

LSE Stelios Scholarships

£10,000 per year

 5 (in total)

Students from UK, Greece and Cyprus on business related degrees

New Futures Fund Studentships

depending on need

multiple

UK students on any programme

LSE financial support - overseas students (including EU) 

The School provides generous financial support, in the form of bursaries and scholarships to all 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 scholarships offered for 2021 entry. New scholarships will be available for 2021 entry and will be added here during the course of the admissions cycle. We recommend you check this webpage on a regular basis. The application process is currently being updates and details will be available here at the end of January 2021 and will be contained within each of the below sections.

Further scholarships for 2021 entry will be added here in the coming months

AwardValueNumber of Awards in 2021Eligibility 


The Beacon Scholarship at LSE


Combined support from LSE and The Beacon Trust

       1

Student from Kenya, Tanzania or Uganda studying any undergraduate programme at LSE

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.

LSE Stelios Scholarships

£10,000 per year

     

   5 (in total) 

Students from the UK, Greece and Cyprus on business related degrees

 
Undergraduate Support Scheme


depending on financial need


multiple


Overseas students (including EU students) in financial need to any undergraduate programme

LSE Access to Education Scholarships

LSE is offering 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

LSE The General Course 

LSE's year long study abroad programme allows student from overseas universities to spend a full academic year at LSE. Known as The General Course it offers more than 300 available courses covering the full range of social science subjects.

More information about the fees and the funding available for this one year undergraduate programme can be found here.