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Master in Economic Development and Growth: Scholarships

Last update: 30/09/2011

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A number of Erasmus Mundus scholarships are offered to MEDEG students based on the criteria specified in the ERASMUS MUNDUS 2009-2013 Programme Guide
http://ec.europa.eu/education/external-relation-programmes/doc/call09/guide_en.pdf

For the past edition (2011-13), the EACEA assigned to MEDEG 17 scholarships, detailed as follows

  • 9 (nine) Category A scholarships for students citizens of a Third country and who are neither resident nor have carried out their main activity (studies, work, etc.) in any European country (UE member countries, EEA-EFTA states (Iceland, Norway, Liechtenstein) and Switzerland) for more than a total of 12 months over the last 5 years at the time of applicatio.
  • 1 (one) Category A scholarships reserved for students citizens of countries belonging to the so-called “Western Balkans and Turkey Window” (Turkey, Albania, Bosnia-Herzegovina, Croatia, the Former Yugoslav Republic of Macedonia, Kosovo under UNSC Resolution 1244/99, Montenegro and Serbia) and who are neither resident nor have carried out their main activity (studies, work, etc.) in any European country (as defined above) for more than a total of 12 months over the last 5 years at the time of application. However, students from Turkey and Western Balkans can qualify also for non-reserved Category A scholarships as students from Third countries.
  • 7 (seven) Category B scholarships for students citizens of member states of the European Union, EEA-EFTA states (Iceland, Norway, Liechtenstein), and Switzerland, as well as for students from Third-country who do not meet the Category A criteria as defined above (i.e. were resident or carried out their main activity in any European country for more than a total of 12 months over the last 5 years at the time of application.

The number of Erasmus Mundus scholarships available for the edition 2012-14 will be communicated by the end of 2011. The information available on this web page will be revised by early 2012 accordingly. Please notice that the number of scholarships is decreasing with the seniority of the Master programme. Therefore it is likely that MEDEG will be assigned a lower number of scholarships in 2012-14.

The value of the scholarships for the entire duration of the programme (two academic years) is
Up to € 48 000 for Category A scholarships;
Up to € 20 000 for Category B scholarships.


Category A Scholarships include:

  • € 8 000 as a lump sum contribution to travel, installation and other mobility costs;
  • € 4 000/semester (8 000/year) as a contribution to participation costs (tuition fees + insurance costs)
  • € 1 000/month (12 000/year) as monthly allowance.

Category B scholarships include:

  • € 2 000/semester (4 000/year) as a contribution to participation costs (tuition fees + insurance costs)
  • € 500/month (6 000/year) as monthly allowance
  • NO contribution to travel, installation and mobility costs is provided under Category B.

 From these total amounts, the MEDEG consortium will deduct an amount equivalent to participation costs (tuition fee + insurance costs) on the basis of a written agreement whereby the student authorizes MEDEG to collect these sum. The deducted amounts will be:

€ 8 000 per academic year (16 000 total for two years) for Category A scholarship recipients; this amount covers 100% of the participation costs, which include tuition fees and insurance costs;

€ 4 000 per academic year (8 000 total for two years) for Category B scholarship recipients; this amount covers ONLY PART of the participation costs set for European students at € 6 000 per academic year (12 000 € total for two years). The difference of 4,000 € between participation costs (12,000 €) and the scholarship contribution (8,000 €) is entirely waived for Category B scholarship holders.

Applicants who wish to be considered for an Erasmus Mundus scholarship will need to indicate this explicitly in the application form. No separate funding application is required.

Scholarship applicants will however have to provide all relevant information for the consortium to determine scholarship category, particularly detailed information on citizenship and residence in the past five years. Failure to comply with this requirement will imply the exclusion of the applicant from the selection for scholarships (but not from the selection for admission).

According to the rules established by the EACEA, applicants wishing to be considered for an Erasmus Mundus scholarship may apply for no more than two other Erasmus Mundus programmes in addition to MEDEG. In case a student applies to more than three EM programmes he/she will be excluded from the selection for an Erasmus Mundus Scholarship. The EACEA will scrutinize all scholarships applications in order to guarantee that this rule is observed.

Please note that the EACEA’s directives impose that no more than 2 (two) students selected for scholarships should have the same nationality.

Students who have already benefited from an Erasmus Mundus Scholarship in the past are NOT ELIGIBLE.

In case of double nationality (EU + non-EU), the non-EU nationality determines eligibility for a scholarship.

For further information on Erasmus Mundus: http://eacea.ec.europa.eu/erasmus_mundus/tools/faq_en.php

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Key Issues

Departments:
  • Historia Económica e Instituciones (Economic History and Institutions)
  • Economía (Economics)

Two years


ECTS credits:

120


Degree:

Double Degree
Option A) Master in Economic Development and Growth (Warwick + Lund)
Option B) Master in Economic Development and Growth (Carlos III Madrid + Lund)


Applications:

Students applying both for admission to the Master AND for Erasmus Mundus scholarships:

  • First deadline: 30th of November 2011 for students from Third Countries
  • Second deadline: 15 of January 2012 for students from European countries

Students who apply only for admission to the Master and do not want to apply to Erasmus Mundus scholarships, can apply at any time before 30th of June, 2012


Enquiries and information:

MEDEG-Erasmus Mundus Master in Economic Development and Growth
medeg.info@uc3m.es