UCL Institute for Global Prosperity


Funding your study at the Institute for Global Prosperity

There are several different funding and scholarship options available to students who have an offer to study from the IGP

Postgraduate Taught 

Commonwealth Share Scholarship Scheme

The Commonwealth Shared Scholarship Scheme is a joint initiative between the Commonwealth Scholarship Commission (with funding from the Department for International Development (DFID), and UK universities, to support scholarships for students from developing Commonwealth countries who would not otherwise be able to study in the United Kingdom.

The aim of the scheme is to assist students from developing Commonwealth countries who are of excellent academic calibre but for financial reasons would not otherwise be able to afford to study in the United Kingdom. The scheme allows them to benefit from postgraduate study at a university in the United Kingdom which will help them to contribute toward the development of their home countries.

Awards are for taught Master's programmes only, subjects must be related to the economic, social and technological development of a candidate's country. 

Applicants must:

  • Be a Commonwealth citizen, refugee, or British protected person
  • Be permanently resident in a developing Commonwealth country (for a full list of eligible countries, see the Commonwealth Scholarships Commission terms and conditions)
  • Be available to start your academic studies in the UK by the start of the UK academic year in September/October 2019
  • By August 2019, hold a first degree of either first or upper second class (2:1) classification, or lower second class (2:2) classification plus a relevant postgraduate qualification (usually a Master’s degree)
  • Not have studied or worked for one (academic) year or more in a developed country
  • Be unable, either yourself or through your family, to pay to study in the UK

Please note applications for 2020/21 closed 18 December 2019

More information on applications can be found here

Postgraduate Research 

Prosperity, Innovation, Technology and Policy Doctoral Training Pathway

The Prosperity, Innovation, Technology and Policy Doctoral Training Pathway seeks to provide financial support and training for students conducting doctoral research that solves complex global challenges that cut across conventional academic disciplines, in order to create more sustainable, inclusive forms of prosperity.

Funding is available for the following programmes of study at IGP, commencing in October 2021:

A 1+3 structure that includes a MSc in Global Prosperity degree with appropriate methods training to support doctoral studies, plus a dissertation designed to consolidate students’ learning and provide the opportunity to pilot a PhD project. 

A +3 structure available, which will be offered on a case-by-case basis where applicants are able to provide evidence of previous qualifications demonstrating the skills covered in the core modules of the MSc programme.

Following recent changes to UKRI policy meaning that international students will be eligible for UKRI-funded postgraduate studentships from the start of the 2021/22 academic year, the UBEL DTP Board has agreed the policy for international students applying for a studentship for 2021/22 entry. Applications from candidates who are classified as International students for tuition fee purposes will be considered in the following DTP priority areas:

  • Research that uses Advanced Quantitative Methods (AQM)
  • Economics
  • Research that uses ESRC datasets

Details about the pathway are available here https://ubel-dtp.ac.uk/prosperity-innovation-technology-and-policy/

Please contact Pathway lead and IGP PhD Director Christopher Harker for further information.

UCL Graduate Research Scholarships

UCL Graduate Research Scholarships (GRS) aim to attract high-quality students to undertake research at UCL. Up to 25 UCL Graduate Research Scholarships are available annually to prospective and current UCL research students from any country. Details of the scheme and how to apply are available on the UCL scholarships and funding webpage. 

Eligibility requirements
Applicants must be:

  • In receipt of an offer of admission to (please see IMPORTANT NOTE below) or currently registered at UCL on a full- or part-time research degree programme, and holding or expecting to achieve at least an upper second-class Honours UK undergraduate degree or equivalent qualification.
  • While current students may apply, those entering their third year of research will normally only be considered for funding in exceptional circumstances.

Please note that Online, Non-resident PhDs and Professional Doctorate students are not currently eligible for this scholarship programme.

Selection criteria
Scholarships are awarded on the basis of academic excellence and research potential. Financial circumstances are not taken into account.

Value: benefits and duration
The scholarships consist of fees equivalent to the standard postgraduate UK rate 2021/22: £5,526 - tbc) plus a maintenance stipend (2021/22: £17,631- tbc) for full-time study (benefits are calculated 'pro rata' for part-time students). The scholarship also includes additional research costs of up to £1,200 per year for the stated duration of the programme.

Awards are normally tenable for years 1, 2, and 3 of a full-time research degree programme (or years 1-5 of a part-time programme), subject to annual review and renewal.

If granted, funding begins at the start of the next academic session.