Erasmus+ Scholarship - Study Abroad

Erasmus+ scholarship is automatically assigned to students selected for long international mobility programs - Exchange, CEMS, Themis and Double Degree - to an European destinations adhering to the Program.

The eligible study period is from a minimum of three months (90 days) or full term up to a maximum of 12 months in the same study cycle.

If you already received from an Erasmus scholarship during the previous study cycle, you can get the Erasmus+ scholarship for your mobility period as long as the total duration does not exceed 12 months. Example: exchange during the Bachelor degree (up to 12 months) + exchange during the MSc. Degree (up to 12 months).

Funding

Funds are granted to Bocconi University by the Erasmus+ National Agency who has exclusive responsibility over them. As a consequence, Bocconi University will be able to assign the grants only upon receipt of the funding.

You may receive an Erasmus+ grant, from € 250/month up to max € 300/month*. It may vary according to the destinations (based on the differences in living costs) and your study period.

The actual start and end dates of the study period are considered to calculate students’ Erasmus grant, according to the definitions provided by the European Commission:

START DATE: first day the student has been present at the receiving institution, for example, for the first course or for a welcoming event.

END DATE: the last day the student has been present at the receiving institution (the end of exams period, courses or mandatory sitting period) and not his actual date of departure.

Payments

ADVANCE PAYMENT: if and when funds will be available and ideally by the beginning of your exchange semester, you will receive an amount of money corresponding to 2 months (60 days).

BALANCE PAYMENT: the actual semester dates confirmed by your host university are used in order to calculate the balance payment. It is usually issued at the end of the Erasmus+ academic year, upon availability of funds.

Please note that grants are assigned to students only upon availability of Erasmus+ funding; funds are granted to Bocconi University by the Italian Erasmus+ National Agency who has exclusive responsibility over them. As a consequence, Bocconi University cannot guarantee the timing of payments nor the covering of all the months spent abroad.

Please, be aware that you may be eligible for additional grants. Check it out Other Financial Aid Opportunities webpages.

Explore the Erasmus+ Scholarship Handbook, your step-by-step guidance through your mobility journey. In addition, when selected you will receive timely reminder for each step you need to complete by your Program Coordinator and the Bocconi Erasmus Office.