The London School of Economics Master’s Awards


LSE Master’s Awards (LMAs) are part of LSE’s portfolio of funding for taught master’s students. The primary scheme for these students is the Graduate Support Scheme (GSS), which is designed to supplement other funding secured by a candidate (by way of savings, loans and external scholarships).

Shortlisting for scholarships created by donors to LSE is done from the long list of offer holders whose financial need is too great for the GSS, and who have indicated on their financial support application that they wish to be considered for other scholarships (by providing further information in the personal statement of the LSE Graduate Financial Support Application).

As these scholarships vary from year to year, a fund is set aside to provide a small number of LMAs for those candidates who are not eligible for the available scholarships, because of their restricted criteria. LMAs are sometimes used to supplement scholarships where the funds are not sufficient to meet the shortfall of the eligible candidate.

Preference is given to those from low and middle-income countries, particularly if loans are not available or if those countries are under-represented in other award schemes administered by the School.

London School of Economics is unique in its concentration on teaching and research across the full range of social, political and economic sciences.




  • The value of GSS awards ranges from £5,000 to £15,000, depending on financial need.
  • This scheme is aimed at supplementing applicants who already have some form of funding secured and need a bit more to cover all the costs at LSE. If you have a greater need, and you submit a personal statement with your Graduate Financial Support Application, you will be considered for other LSE scholarships which can offer a higher level of funding


  • This scheme is open to all applicants for diploma and taught master’s study, with the exception of those undertaking specific modular or executive programs such as the MSc Finance (Part-time), the MSc Health Economics, Policy and Management, and the MSc International Strategy and Diplomacy.
  • Double degree students are also eligible for the GSS for their time at LSE – please refer to the information in the ‘GSS for double degree programs’ section.

Points of note

  • The GSS assesses on financial need, applications are means-tested, it is not assessing academic merit.
  • GSS awards are intended to supplement funding already secured or expected and do not provide a full funding package to applicants.
  • Attempts to secure financial support from other sources (eg help from the household, non-LSE scholarships, government awards, loans, etc) are therefore viewed very favorably.
  • Your chances of securing an award will increase if you provide as much information as possible about your individual financial situation.
  • Concealing information or being dishonest normally only disadvantages an applicant. This is because we can only assess if we are able to assist an applicant, and the appropriate level of an award if we have a full picture of an applicant’s financial situation.
  • The GSS is a competitive process, due to the large number of applicants applying, the means test threshold is set at a particularly low level.
  • Access to the online application will be provided once you have submitted your application for admission.

Eligible Regions: Low & middle-income Countries


  • After you submit your application for admission to LSE, you will be given access to the Graduate Application Tracker online system, called LSE for You. This allows you to track all aspects of your application for admission and will include a link to the LSE Graduate Financial Support online application.
  • In order to be considered for funding, you must have received either an unconditional or a conditional offer of a place by 27 April 2020.
  • They recommend that your application for admission is submitted well in advance of the April funding deadline.
  • Funds are limited and recommend you apply for funding as soon as possible.
  • They will use the information on the form to consider you for the Graduate Support Scheme and if you complete the personal statement section, for any other LSE scholarships and awards you may be eligible for.
  • Your financial information will not be considered as part of your application for a place at the School.

Application Deadline: April 27, 2020



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