Financial Matters

The financial support paid from the Erasmus+ Programme budget covers part of the cost of travel and living abroad. The amount of funding varies each academic year and is determined by the National Agency for the Erasmus+ Programme.

Studying abroad on the Erasmus+ Programme exempts students from the need to pay tuition fees if the foreign university usually charges them. During their stay on the scholarship, students shall not lose the right to any benefits they were entitled to at their home university before departure. Upon the student's return, the study period abroad is recognised as equivalent to the study the student would have completed at their home university.

The funding shall be paid in Euro in the form of a bank transfer to the bank account indicated by the student. The total amount due is paid in two instalments -  90% is paid before departure, and the remaining 10% after students have returned and completed all formalities with their home university.