In the context of the Erasmus+ program, you receive funding from the EU. The amount of funding depends on the duration of the mobility and the rates of the respective group of countries and is expected as follows for the 2020/21 winter semester:
Erasmus+ country group 1 - EUR 450.00 per month / daily rate EUR 15.00:
Denmark, Finland, Great Britain (UK), Ireland, Iceland, Liechtenstein, Luxembourg, Norway, Sweden,
Erasmus+ country group 2 - EUR 390.00 per month / daily rate EUR 13.00:
Belgium, France, Greece, Italy, Malta, Netherlands, Austria, Portugal, Spain, Cyprus
Erasmus+ country group 3 - EUR 330.00 per month / daily rate EUR 11.00:
Bulgaria, Estonia, Croatia, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia, Northern Macedonia, Czech Republic, Turkey, Hungary
Erasmus+ partner countries - EUR 700.00 per month / daily rate EUR 23.33:
Erasmus funding is calculated to the day. Your Erasmus funding is disbursed in two installments.
The first installment (70% of the total funding amount) is calculated and disbursed following your arrival at the host university and after you have uploaded the document “Confirmation of Arrival”.
The second installment (30% of the total funding amount) is calculated and disbursed after conclusion of the mobility and after you have uploaded all required documents. Please consider this when planning your finances!
Therefore, please consider the following questions early on:
- How high are the costs of the stay in the host country?
- What kind of additional funding is available?
- Are there any other financing possibilities?
For an overview of possible scholarship programs, please click here.