Higher education students at master level who want to complete a full study programme in another Programme Country can apply for a loan to contribute to their costs. Erasmus+ Master Degree Loans will enable potential master students to gain access to loans to support their studies abroad over the lifetime of the Erasmus+ Programme.
| Amounts and object of
the loans
|
The loans are up to 12,000 EUR for a 1-year Master programme and up to 18,000 EUR for an up to 2-year Master and can cover both living and tuition costs in any of the 33 Erasmus+ Programme
Countries. |
| Eligibility criteria | To be eligible students must:
– Be resident of one of the Erasmus+ Programme Countries. – Have successfully completed first cycle higher education studies (Bachelor or equivalent) and been accepted for a 2nd cycle programme (Master or equivalent) at a higher education institution (HEI) which holds the Erasmus Charter for Higher Education (ECHE)
The Master (or equivalent) that they intend to study must: – Be delivered in a different country from their country of residence and from where they obtained their Bachelor degree (or the equivalent degree which giving them access to the Master programme) – Be a full programme that will lead to a degree.
|
| Where to apply? | Directly to participating banks or student loan companies |
More information is available on the website of the European Commission:
http://ec.europa.eu/education/opportunities/higher-education/masters-loans_en.htm
(source: Erasmus+ Programme Guide)
