If you have any queries for Student Finance in light of the coronavirus, information can be found here on their webpages.
New and continuing (ie. 2nd, 3rd, 4th year) undergraduate students from England, Northern Ireland, Scotland and Wales with a residual household income of less than £42,875 are eligible to receive an LSE Bursary.
Students need to apply to Student Finance for a household income assessed maintenance loan to be assessed for the LSE Bursary. If you received the LSE Bursary in your first year of study, please note you have to be reassessed by Student Finance in subsequent years of study.
The table below details the LSE Bursary amounts for each household income bracket.
For those starting their studies in 2022/23 onwards:
|
Student's household income
(as assessed by Student Finance)
|
LSE Bursary value (per year) |
| £0 - £18,000 |
£4,000 |
| £18,001 - £25,000 |
£3,500 |
| £25,001 - £30,000 |
£2,250 |
| £30,001 - £35,000 |
£1,500 |
| £35,001 - £42,875 |
£500 |
For those who started their studies 2021/22:
Test
Student's household income
(as assessed by Student Finance) |
LSE Bursary value (per year) |
| £0 - £18,000 |
£4,000 |
| £18,001 - £25,000 |
£3,500 |
| £25,001 - £30,000 |
£2,250 |
| £30,001 - £35,000 |
£1,500 |
| £35,001 - £42,875 |
£500 |
You can use the LSE 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 LSE Bursary.
Please note that LSE Bursaries and LSE EU Bursaries are only available to LSE undergraduate students with Home fee status. LSE does not provide financial support to those studying at other institutions.
Eligibility for the LSE Bursary is assessed annually by Student Finance via your application for household income assessment maintenance loan. There is no competition for LSE Bursaries, all students who are eligible for an LSE Bursary will receive one.
The LSE Bursary does not have to be repaid.
If you are a Home UK student you may also be eligible for a Discretionary Bursary in addition to receiving an LSE Bursary.
If you live in England, Northern Ireland, Scotland or Wales, you do not have to apply separately for an LSE Bursary for your undergraduate study.
LSE will use the financial information you provide to Student Finance for your household income assessed maintenance loan application, to determine your eligibility for and the value of your LSE Bursary.
Please consent to share the information you and your parent or guardian provide to Student Finance when making an application for household income assessed maintenance loan.
If you are awarded an LSE Bursary, you will receive a letter from Student Finance (on behalf of LSE) confirming the value of your LSE Bursary. You will be notified at the start of each academic year of your LSE Bursary entitlement. The LSE 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 after you have registered at LSE.
If you think you are entitled to an LSE Bursary but have not received notification of your Bursary by the end of the Autumn Term you should contact the Financial Support Office. Please note that if you contact us after the end of Winter Term, we will not be able to award an LSE Bursary for the current the academic year.
If you are an EU student, we will not receive any information from Student Finance. Instead, you must complete the LSE Undergraduate Scholarship Form. We will write to you with the outcome of your application. You may apply during the academic year and for your second or third year of study, even if you have not previously applied. If you are a current EU undergraduate student who wishes to apply for an LSE EU bursary, please contact the Financial Support Office.
A number of Discretionary Bursaries will be available for LSE students who face exceptional financial needs. This might include, for example, caring responsibilities, financial need related to disability or an unavoidable requirement to live at home. The value of the award may vary according to need but is not expected to exceed a total of the maximum LSE Bursary amount (£4,000). These bursaries do not have to be repaid.
Any LSE undergraduate offer holder or student with Home fee status is eligible to apply for a Discretionary Bursary. Assessment for eligibility for the Discretionary Bursary will be made at the beginning of each year of study.
You should apply directly to the Financial Support Office, using the LSE Undergraduate Scholarship Form. Please ensure that you complete Section 8 explaining why you are facing exceptional financial need and why your family's income does not reflect their ability to support you. The deadline given for other awards does not apply to the Discretionary Bursary - forms should however be received by the end of August.
You will be notified of the outcome of your application for a Discretionary Bursary once we have had confirmation of your LSE Bursary entitlement, since you can not be awarded more than the maximum applicable bursary (£4,000) from both sources combined.
LSE Bursaries are paid by electronic transfer directly into your bank/building society account by Student Finance on LSE's behalf. It is therefore essential that Student Finance have the correct details of your bank/building society account in order to make the payment.
LSE Bursary payments for the 2023/24 session are scheduled for the following dates:
Autumn Term: 06 October 2023
Winter Term: 26 January 2024
Spring Term: 16 May 2024
Each payment will take approximately five working days from the scheduled payment date to show your bank account. Your individual payment date will be visible on your Student Finance online account and included in your LSE Bursary notification letter.
If you think you are entitled to an LSE Bursary for your undergraduate study but have not received notification by the end of the Autumn Term, you should contact the Financial Support Office. Please note that if you wait until after the end of Winter Term to contact us, we will not be able to award an LSE Bursary for the current academic year.
If you applied 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 be a delay with your payment.
Your LSE Bursary assessment for subsequent years of study will happen after Student Finance have re-assessed you for the household income assessed maintenance loan for each year of undergraduate study. The LSE Bursary can be be awarded for a maximum of four years of undergraduate study.