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International Funding for Your Overseas Sojourn: Finances for Your Time Away from Home (Erasmus+ Scholarship)

Scholarship Information for Your Erasmus Journey: Explore Details about the Erasmus+ Grant, Amount, Eligibility, and Requirements → Discover More!

International Financial Aid for Your Overseas Sojourn: Erasmus+ Scholarships
International Financial Aid for Your Overseas Sojourn: Erasmus+ Scholarships

International Funding for Your Overseas Sojourn: Finances for Your Time Away from Home (Erasmus+ Scholarship)

Are you considering studying or interning abroad as part of the Erasmus+ Mobility Program? Here's a step-by-step guide to help you navigate the application process.

First, it's essential to check your eligibility and deadlines. Generally, you must be enrolled in a bachelor's program after the second year or a master's program from the beginning, and meet specific departmental requirements such as motivation letters, academic transcripts, and language skills. Be sure to observe internal faculty deadlines, which may be several weeks before the official deadlines.

Next, apply for an Erasmus+ place at your home institution. Submit an application form along with supporting documents, such as confirmation of leave of absence from your university office, a Learning Agreement specifying your study or internship plans abroad, transcript of records, and proof of enrollment. Some universities may require a Declaration of Honour, especially if applying for Green Travel allowances.

Once you have been accepted by your host university, apply according to their requirements and deadlines. Your Learning Agreement must be approved by both your sending and receiving institutions before you proceed with grant applications.

To apply for the Erasmus+ Grant, complete the application via your university's designated portal or administrative system. This includes uploading all necessary documents, such as the approved Learning Agreement, transcript, CV, and bank details. For internships, applications should be submitted at least two months prior to the internship start date.

The financial support you receive depends on the distance of your mobility, calculated through an Erasmus+ distance calculator tool, and is finalized by your National Agency. There are separate allowances for travel and subsistence, and additional top-ups may be available depending on your circumstances.

Once approved, the Erasmus+ Mobility Allowance is paid partially in advance and the remainder after your stay abroad, subject to completion of required reporting forms.

For precise procedures, deadlines, and requirements, always consult your home university's international office or Erasmus+ coordinator, as they administer the process locally. Also, note that if applying for Erasmus+ alongside other scholarships, coordinate accordingly to avoid conflicts.

Additional one-time payments called Top-Ups can be applied for via the "Mobility Online" platform before the trip, and students with disabilities, caring responsibilities, chronic illnesses, or study grant recipients can apply for the Top-Up for Disadvantaged Students.

The Erasmus+ Grant is a financial support for students studying or interning abroad through the Erasmus+ Mobility Program of the European Union, but it does not cover all expenses, and students may need to find additional funding sources. For non-EU countries, the monthly grant is €700 for study abroad periods.

All students at an Austrian university are entitled to the Erasmus scholarship under the conditions that they have the status "Erasmus+ Student," their study period abroad is between two and twelve months, and they complete at least 3 ECTS per month at their host university. The Erasmus office at the student's university can assist with any questions about the scholarship.

[1] [Erasmus+ Programme Guide](https://ec.europa.eu/programmes/erasmus-plus/resources/programme-guide_en) [2] [Erasmus+ Online Application Guide](https://ec.europa.eu/programmes/erasmus-plus/resources/online-application-guide_en) [3] [Erasmus+ Distance Calculator](https://ec.europa.eu/programmes/erasmus-plus/tools/distance-calculator_en) [4] [Erasmus+ Manual for Students](https://ec.europa.eu/programmes/erasmus-plus/resources/manual-students_en)

  1. To manage your personal-finance while studying abroad under the Erasmus+ Mobility Program, it's crucial to understand the separate allowances for travel and subsistence, as well as additional top-ups for specific circumstances like disabilities or study grant recipients.
  2. In order to improve your understanding of personal-finance and learning about the Erasmus+ Mobility Program, you might find educational-and-self-development resources such as the Erasmus+ Programme Guide, Online Application Guide, Distance Calculator, and Manual for Students helpful.

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