Maintenance payments


Information for those with LSE funding which includes a maintenance payment.

If you have been awarded funding from LSE that includes a maintenance stipend or payment, this will be paid directly to you to cover your living costs such as accommodation, travel, food, etc.

Maintenance payments will be paid after the start of each term directly to your bank account. Please note that payments are initiated on the first day of each term and can take up to five working days to credit your bank account. 

If you have any questions about this please contact us on financial-support@lse.ac.uk, we are currently working remotely, please bear with us as responses are take longer than usual.

LSE Term Dates can be found here

How will my maintenance payment be paid?

Maintenance payments from LSE funding will be paid direct into your UK bank account.   

You will need to make sure that your UK bank account details have been submitted to the LSE Finance Hub: https://lse.t1cloud.com/. For security reasons you will be required to log in and authenticate using your LSE network account (@lse.ac.uk) credentials.

You will be prompted to enter:

  • your bank account name (your name registered with the bank)
  • your bank name (HSBC, NatWest, etc.)
  • bank sort code
  • bank account number 

Once you have submitted these they will be validated and updated in LSE’s finance system. Once they have been validated (this process can take 5 working days), you will be able to view them via the 'My details' tile in the Finance Hub.

Please note that we can only pay a UK bank account in GBP, we cannot pay an account from an overseas bank or in a different currency. You can only submit details of a bank account in your name; bank accounts in another name other than yours will not be validated. 

If you have difficulties accessing the Finance Hub please use the Finance Division enquiry form https://lseapps.secure.force.com/form?formid=217915 by selecting that you are a current or former student, and that you want to contact Fees, Income and Credit Control. 

Further guidance on using the Finance Hub along with general guidance on your LSE Finances

If you have any questions about your maintenance payment please email us at financial-support@lse.ac.uk 

How much will I receive?

If your maintenance payment is less than £1,000 for the academic year, you will be paid the full amount in the Michaelmas Term.

Maintenance payments with a value of over £1,000 in total for the academic year will be split into termly instalments of 33% in Michaelmas Term, 33% in Lent Term and 34% in Summer Term. Examples of the payment breakdown:

Total maintenance payment = £14,400
Termly values: £4,752 | £4,752 | £4,896

Total maintenance payment = £17,609
Termly values: £5,810.97 | £5,810.97 | £5,987.06

Total maintenance payment = £18,000
Termly values: £5,940 | £5,940 | £6,120

When will my stipend be paid? 

Maintenance payments will be paid after the start of each term directly to your bank account. 

Please note that payments are initiated on the first day of each term and can take up to five working days to credit your bank account. 

LSE Term Dates can be found here

How do I receive my stipend if I am on fieldwork?

The Financial Support Office and the PhD Academy must be informed of the period that you are away from the School due to fieldwork.

You are still eligible to receive your maintenance payment while on fieldwork, and payment will be made direct to your UK bank account. Please see information in the 'How will my maintenance payment be paid?' section for details of how to submit your bank details in the Finance Hub for payment. 

What if my stipend payment is for the wrong amount?

If you receive a maintenance payment that you think is incorrect please contact the LSE Financial Support Office immediately. If you accept money that you are not entitled to, you will have to repay it. This also applies if you interrupt or withdraw from your studies shortly after receiving a maintenance payment for the whole term.