Costs and Funding

Participation Costs 

The EU distinguishes two categories of students: students from a Programme Country and students from a Partner Country.

Programme Country students are students originating from one of the 28 EU Member States, the Former Yugoslav Republic of Macedonia (FYROM), Iceland, Liechtenstein, Norway or Turkey.

Partner Country students are students from all other countries, unless they were residents or have carried out their main activity (studies, training or work) for more than a total of 12 months over the last five years in one or more Programme Countries. In the latter case, these students are also classified as Programme Country students.

For more details, please consult the Erasmus+ Frequently Asked Questions (p. 14 for more information on Erasmus Mundus Joint Master Degrees – EMJMD). Applicants with multiple nationalities must choose which one to use for their application. This decision is finalised when the application is submitted and cannot be changed at a later date.

Currently, the Global-MINDS Consortium charges the following participation costs for the whole duration (2 years) of the programme:

6 600 € for Programme Country students (from Erasmus+ programme countries).
13 200 € for Partner Country students (from Erasmus+ partner countries).

Participation costs cover University tuition costs, obligatory programme activities and full insurance coverage.

Living expenses (e.g., accommodation) and travel expenses are not covered by the participation costs. See the Budget Simulator Assistance page for help estimating these costs. For required travel see mobility path.

 

Scholarships

If requested and eligible, Global-MINDS applicants will be considered for an EMJMD scholarships.

There are two different forms of scholarships with different financial terms: Partner Country Student scholarships and Programme Country Student scholarships.

Partner Country Student scholarships include:

  • travel and installation costs (amount differs depending on distance traveled from country of current residence)
  • participation costs
  • a flat-rate monthly allowance (if not studying in country of origin/current residence)

Programme Country Student scholarships include:

  • travel costs (1000€ per year)
  • participation costs
  • a flat-rate monthly allowance (if not studying in country of origin/current residence)

Global-MINDS received funding for a total of 58 fellowships, to be distributed over 3 years (enrolment in 2017, 2018, and 2019). Of these 58, 10 will be given to Programme Country students (those from the 28 EU countries, plus the Former Yugoslav Republic of Macedonia (FYROM), Iceland, Liechtenstein, Norway or Turkey), 35 will be given to Partner Country students. An additional 13 fellowships are earmarked for targeted regions, including:

  • 6 fellowships for students from: Afghanistan, Bangladesh, Bhutan, Cambodia, Laos, Myanmar, and Nepal
  • 2 fellowships for students from: Brazil and Mexico
  • 4 fellowships for students from: Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestine, Syria, Tunisia
  • 1 fellowship for a student from: South Africa.

Note that students from these 4 targeted regions can also apply for the 35 stipends reserved for Partner Countries in general.

 

Monetary Contribution Category Partner Country Student Scholarships Program Country Student Scholarships
Participation Costs 6600€ per year 3300€ per year
Travel Costs 2000€ per year if residence is less than 4000 km from ISCTE-IUL (Lisbon)

3000€ per year if residence is 4000 km or more from ISCTE-IUL (Lisbon)

1000€ per year
Installation Costs 1000€ for the program (available only if country of current residence is a Partner Country). none
Living allowance (max 24 months) 1000€ per month when not in country of residence. Only available for 3 months of stay in any Partner Country. 1000€ per month when not in country of residence.

*Scholarship amounts for travel and installation depend on the place of residence at the time of scholarship application; not on nationality nor scholarship category.

Decisions on scholarships are primarily based on the ranking of students during the application and selection procedure. Only the highest ranked students will qualify for these scholarships.

According with EACEA Erasmus+:Erasmus Mundus rules, no more than three candidates of the same nationality can be awarded an EMJMD Scholarship from the Global-MINDS program each year.