Grants / Stipends
The European Commission will finance 15 Erasmus Mundus stipends for applicants coming from any third country. Additional funds coming from the Community's external relations budget allow paying for Erasmus Mundus scholarships to additional students coming from specific countries.
The European Commission also imposes the following additional selection criteria, which aims at ensuring a geographical balance across the sponsored third-country students:
- no more than 25% of the selected third-country students should come from the same country
- no more than 10% of the selected third-country students should come from the same institution.
