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Erasmus + Master Loan

Application data

Becas de otras entidades públicas o privadas
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
Application 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.

Application and forms

More information

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