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Increased funding for international exchanges

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Crisis, what crisis? More talented students and PhD students from the EU and outside the EU will now be able to apply for scholarships from the Erasmus Mundus program as its budget has been increased.

Almost a billion euro will come available for the next four years, which is 450 million euro more than the period of 2004-2008, when ten thousand scholarships were granted to students. The EU’s Education Commissioner, Jan Figel expects the scholarships themselves to be raised as well for top students, both from within the EU and outside the EU, who want to participate in exchange programs with European universities. The EU wants to promote its higher education in the world with the Erasmus Mundu program and make higher education better accessible to non-EU students. HOP

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