Student Funding

‘Education Ministry cancels thousands of Erasmus scholarships in mid-year’

Published on 5 November 2013

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Funding for Erasmus university scholarships will be limited to Spanish students who already benefit from a scholarship for financial reasons, the Spanish Education Ministry announced on October 29.
This is "an unpleasant surprise" for the 40,000 Spanish students who study in another EU country thanks to an Erasmus scholarship, notes Spanish daily El País, especially since "the academic year has already begun".

These government funds, of between €100 and €180, are one of the three pillars of financing for Erasmus scholarships in Spain in conjunction with EU and regional funds, adds the paper.
Spain is the EU country that sends the greatest number of Erasmus students abroad as well as the country that welcomes the most foreign Erasmus students.

The government budget allocation for financial aid to students abroad has shrunk by 71 per cent since 2011, explains El País.

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