Erasmus + Master Loan
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- Erasmus + Master Loan
Application data
- Recipients
- Master’s students
- Convening Entity
- Public or Private Entities. MicroBank (CaixaBank)
- Type of financial assistance
- Credit / Loan
- Purpose
- Scholarship and financial aid for study. Mobility and Exchanges
- Current status
- Closed deadline
- Application deadline
- Until December 31, 2019
Description
The Erasmus + Master loan aims to support mobility in training and is aimed at students who take a master's degree at a European university.
Amount of aid
Maximum amount:
- € 12,000 for studies up to 1 year.
- € 18,000 for studies of more than 1 year.
Length
Loan repayment term: 5 years of amortization for a master's degree of up to 1 year. 6 years of amortization for a master's degree of more than 1 year. Check the rest of conditions on the web.
Requirements
- Have completed the degree that gives access to the master's degree in a participating country in the Erasmus + Program.
- To have been admitted by one of the institutions adhering to the program.
In case the master has started, it can not have been more than three months.
Destination
Any of the institutions adhering to the program.
Necessary paperwork
- Registration receipt or document accrediting the admission and cost of the master.
- Certificate of having completed the degree or equivalent studies that give access to the Master.
- In case the applicant is non-resident in Spain, he must present a certificate of his credit status in his country of residence.
Ineligibility
You can not get an Erasmus scholarship and an Erasmus + Master Loan to go to the same place.