LSE Bursaries

Students from the UK are eligible for an LSE Bursary depending on their household income. For new students starting in 2021, the maximum Bursary available is £4,000 per year for those students with the lowest residual incomes.

LSE Discretionary Bursaries are also available to UK students with exceptional financial needs.

LSE Accommodation Bursaries are also available for UK nationals from lower-income households to help towards the cost of halls of residence.


Students from the UK are eligible for an LSE Bursary depending on their household income (see these details below). 

Eligibility is assessed annually. There is no limit to the number of LSE Bursaries available. All English students who are eligible for an LSE Bursary will receive one.

The LSE Bursary does not have to be repaid.

Please note that LSE Bursaries are only available to LSE students. LSE does not provide financial support to those studying at other institutions.

LSE Bursary amounts

Below are the values of the LSE Bursary for students commencing undergraduate programmes in 2021/22. These values apply to UK students.

Student's household income

LSE Bursary per annum

£0 - £18,000


£18,001 - £25,000


£25,001 - £30,000


£30,001 - £35,000


£35,001 - £42,875


You can use this Bursary to help with your living costs, to help pay your accommodation or even to help with your tuition fees. It is up to you how you choose to use your Bursary.

How to apply

UK students

UK students do not have to apply separately for the LSE Bursary.

We will use the financial information you provide to Student Finance when applying for your maintenance loan to determine your eligibility for and the value of your Bursary. Please make sure you consent to share the information you and your parent or guardian provide to Student Finance so that we are able to assess your eligibility.

See the section on applying for student loans for further information.

You will be notified before the start of your degree programme of your Bursary award, through a letter from Student Finance on behalf of LSE. The Bursary will then be paid into your bank account in three termly instalments. The first instalment will be paid in the October of the first term once you have registered.

Current LSE students

Current LSE students may also apply during the academic year and for your second or third year of study, even if you have not previously applied. 

Payment of Bursaries

LSE Bursaries are paid by electronic transfer directly into your bank/building society account.

It is essential that Student Finance have the correct details of your bank/building society account in order to make the payment. This information is required well in advance of your programme start date.

The scheduled payment dates for 2020/21 are: 
Michaelmas Term: 09 October 2020
Lent Term: 29 January 2021
Summer Term: 18 May 2021

Each payment will take approximately five working days rom the scheduled payment date to show in the recipients bank account.

If you apply late to Student Finance, did not agree to share the information you supplied to Student Finance with LSE, or you register or re-register after the start of term, there may a delay with your payment; your individual payments dates will be included in your Bursary notification. The final date to be considered for a Bursary for 2020/21 session is 29 March 2021


Your LSE Bursary will be made automatically for your second and third year of study once the School receives confirmation of your eligibility from Student Finance.

You do need to apply to Student Finance each year of your study, and when you do so you need to make sure that your information can be shared with the School.

You should do this by leaving blank the box at the bottom of the Declaration at the end of the application form.