Erasmus Plus Scholarship Calculations

Erasmus Plus Scholarship

Erasmus Plus Scholarship Calculations

Between 2021 and 2027, the EU is investing €26 billion to support teachers and higher education staff partaking in Erasmus+ training programmes and staff mobility courses. Participants are tuition fee-exempt while also eligible for a grant toward travel and daily sustenance costs. But getting to grips with Erasmus Plus Scholarship entitlements and decerning your grant levels can be tricky.

This blog post provides you with a guide to the grant criteria, the factors playing into the calculations, and tips on estimating your Erasmus Plus scholarship.

Erasmus Plus Grant Overview

As a participant, you generally do not need to apply for the grant. Instead, your home institution and study destination institution sign a scholarship agreement and seek funding on your behalf.

Some institutions may not have their Erasmus+ application process streamlined, meaning you need to take charge of the application process yourself. You can do so by contacting the person responsible for Erasmus+ at your institution for guidance.

If you are eligible and receive grant approval, you will sign a participant grant agreement with both the sending and receiving institution.

The Erasmus Plus scholarship goes toward your travel and daily living costs. Course tuition is also funded.

Deciding Criteria and Factors

Many different factors play into the calculations. Some of them you have no control over, however, you may, for instance, choose sustainable travel to boost your Erasmus Plus scholarship with the green travel add-on.

Other calculations include the difference between the cost of living in your home and destination countries. The number of applying students also goes to determine your grant level, as do the distance between countries and the accessibility of other scholarships.

Estimate Your Erasmus+ Grant

The Erasmus Student Network (ESN) has made a convenient grant simulator available on its Erasmus Generation website. Although you will not find out the exact scholarship amount, the calculator estimates your entitlements.

The simulator is easy to use, requesting you to add basic details while highlighting available funding boosts. You start by indicating your desire to study or do an internship, and the duration of the chosen programme, namely whether you are opting for a short or long-term course.

On the next simulator slide, you may choose the green travel add-on, provided you plan on travelling to your Erasmus Plus destination by bus or train.

If you belong to the group of students considered to enjoy fewer opportunities, you will likely receive a top-up. The EU has set out the qualifying criteria on its specially designated website inclusivemobility.eu.

It is important to take on board the disclaimers on the grant simulator website. The tool is to serve as a guide only with Erasmus Plus scholarship levels likely to differ.

Equally, the application process, funding calculations, and subsidy payment largely depend on your institution’s Erasmus+ setup. Be sure to contact your Erasmus Plus coordinator and/or your National Erasmus+ Agency.

No Tuition, Registration, Exam, or Access Fees

As an Erasmus+ programme participant, you don’t have to pay for registration, tuition, exams, or to access libraries or laboratories at your receiving institution.

You may have to cover small costs for insurance or student union membership.

Erasmus Plus Scholarships Determined by Your Sending Institution

You do not need to apply for the Erasmus+ grant, your institution will do so, and you can address any questions or concerns to your Erasmus+ coordinator or your National Erasmus agency. Your institution will factor in all your details and advise you of your ultimate entitlements.

Additional Available Funding

Thanks to the EU’s commitment to providing equal access and opportunities to participants of all backgrounds, special support is available to students with mental, physical or health issues. Participation is made possible through additional financial help. It’s best to discuss extra funding needs with your institution’s Erasmus coordinator.

Your institution and/or National Agency will determine your entitlements.

Before choosing an Erasmus+ programme, it is crucial to find out if the receiving institution has the right facilities for you. You can visit the EU’s inclusive mobility website for more information or check out the European Agency for Special Needs and Inclusive Education website.

Additional funding is also available to students from Europe’s outermost regions.

Erasmus Plus Scholarship & You

There is no quick way to calculate how much your Erasmus+ grant is because so many factors play a role. The easiest and most efficient way to determine your grant levels is by contacting your Erasmus+ coordinator or your National Agency. They will advise you on the application process and the specifics of your entitlements.

The course fee and travel and daily living cost contribution are available to qualifying students with some potentially eligible for additional funding.