Does LSE offer scholarships and what are the details regarding them for a Master's?
Yes, LSE offers scholarships for Master's students through its Graduate Support Scheme, departmental Master's Awards, and external programs like Chevening. Awards range from GBP 5,000 to full fees. You apply through the LSE Graduate Applicant Portal after receiving your admission offer.
LSE does have meaningful scholarship support for Master's students, and the good news is that the process is less complicated than most students expect. Once you are admitted, a single financial support application inside the LSE portal automatically considers you for multiple award categories simultaneously. The key is applying early and meeting the deadlines tied to your specific admission round.
LSE Internal Scholarships for Master's Students
| Scholarship | Value (GBP) | Eligibility and Deadline |
|---|---|---|
| Graduate Support Scheme (GSS) | GBP 5,000 - 15,000 (partial fee waiver; full in exceptional cases) | Open to all admitted Master's students; assessed on merit and financial need; around 400-500 awards per year; apply via the LSE portal by late April |
| LSE Master's Awards (LMAs) | GBP 2,000 to full fees plus maintenance in rare cases | Departmental scholarships funded by donors and alumni; same central form as GSS; examples include Mackinder Geography (full fees) and Deighton Finance/Economics (GBP 10,000+) |
| Paulson Scholarships | Partial to full tuition | Available across multiple programs; competitive; assessed as part of central financial aid application |
External Scholarships Available to LSE Master's Students
| Scholarship | Value | Who Is Eligible |
|---|---|---|
| Chevening Scholarship (UK Government) | Full fees plus GBP 20,000 - 28,000 living allowance per year | International students from 160+ countries; minimum 2 years of work experience required |
| Commonwealth Scholarships | Full fees plus stipend | Citizens of Commonwealth countries; means-tested |
| FUNED-LSE Award | 25% tuition fee reduction | Mexican students applying to eligible LSE programs |
| Country-Specific LSE Awards | 10% to 25% tuition reduction | Select nationalities including Indian, Canadian, and Egyptian students; check LSE funding search tool |
My Advice
Apply for your LSE course as early as possible - the financial support deadline is usually in late April, and earlier admission rounds give you the best shot at the limited GSS awards. For Indian students specifically, Chevening is the most impactful external option, but it requires at least two years of post-graduation work experience. Start building that application independently of your LSE application, as the timelines overlap. Use the LSE funding search tool on their website to find awards specific to your nationality and program - you may find opportunities most applicants overlook.
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