Erasmus+ Loan Offer

Erasmus+ Master Loan Scheme

Up to €18,000 for a two-year Master’s that can cover both living and tuition costs in any of the 33 Erasmus+ programme countries.

Higher education students who have been accepted for a full Master’s study programme in a country other than where they obtained the qualification granting access to that Master and other than where they reside can apply for a loan to contribute to their costs.

Conditions to be eligible to apply for a student loan backed by the Erasmus+ Master Loan Scheme:

  • resident of the EU member states;
  • completed first cycle higher education studies (Bachelor’s or equivalent) and accepted for a 2nd cycle programme (Master’s or equivalent) at a Higher Education Institution which holds the Erasmus Charter for Higher Education;
  • your country of residence is different from the country where you intend to take your Master’s degree;
  • the country where you intend to study is also different from the country where you obtained your Bachelor’s degree;
  • the Master’s (or equivalent) is a full programme that will lead to a degree.

For detailed information please check the European Commission site.