OPPORTUNITIES: Funding

 For more than three decades, the European Union has been funding the “Erasmus” program, which has enabled over 3 million European students to spend part of their education at another higher education institution or organization in Europe. Years of experience in developing the program have shown that studying abroad has a positive effect on future employment prospects, as well as significantly improving students’ language skills.

The “Erasmus+” program helps to organize student and doctoral exchanges between countries participating in the program. These opportunities are available to undergraduate and graduate students, as well as doctoral students.

“Erasmus+” offers a great opportunity for those who wish to improve or develop their digital skills in the field of new technologies at a foreign university.

To study abroad through “Erasmus+”, you must be registered at a higher education institution and enrolled in a program leading to a recognized educational degree or other higher education qualification. Your sending institution (the current university where you study) and your receiving institution (the foreign university you wish to attend) must have signed an inter-institutional agreement between them so that you can study at the respective institution under “Erasmus+”. It is important to keep in mind that the period of study abroad must be in line with your needs related to your specialty and personal development and must be part of the study program you are following.

You can receive non-repayable funds under “Erasmus+” to cover part of your travel and daily expenses. The amounts may vary according to differences in the standard of living in your country and the receiving country, the number of applicants for funding, the distance between countries, and the availability of other financial assistance. If you are moving between countries under the program, check with your national agency and the sending higher education institution to see what rates apply. Additional support is also available for students going on internships, for students in disadvantaged situations, and for students from the most remote countries or regions under the program. The levels of non-repayable funds and the fixed amounts of funds for exchanges between program countries and partner countries are published in the “Erasmus+” program guide.