Finance globed
Each year, 25 students join our programme, either receiving the Erasmus+ scholarship or as self-funding students.
GLOBED CONSORTIUM
Erasmus+ Scholarships
Globed consortium will grant 15* Erasmus+ Scholarships for Edition V (2020-2022).
SUBSISTANCE EXPENSES
PARTICIPATION COSTS
INSTALLATION COSTS
MEDICAL INSURANCE
ERASMUS+ SCHOLARSHIP ELIGIBILITY RULES
-For Editions IV, V, VI and VII (2019-2024), a total of three (3) scholarships will be given to students coming from ENI South countries: Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestine, Syria and Tunisia.
-A minimum of 75% of the Grants must be allocated to Partner Country students.
-Partner Country Students who have lived or carried out their main activities (studies, work…) in a Programme Country for more than 12 months in the past 5 years will be considered as a Programme Country student.
-A maximum of 3 Grants will be allocated to students from the same country.
-Students with more than one nationality must state with its applications under which one are willing to apply.
*Grant will be temporarily stopped for those students willing to do their internship or fieldwork at their home country.
**Grant will be temporarily stopped for those Partner Country students willing to stay for more than 3 months (internship+fieldwork) in a Partner Country.
GLOBED CONSORTIUM
Self-funded students
Globed consortium will grant 10 seats to self-funding students for Edition 5 (2020-2022)
PARTICIPATION COSTS
Includes complete insurance covering all requirements set by Educational and Culture European Agency, including worldwide coverage during 24 months.
TERMS OF PAYMENT
Erasmus+ Master Loan
Now, with the Erasmus+ Master’s Degree Loan, it’s easier than ever to study for a Master’s Degree in a European University.
Whatever your age and income, you can apply to the loan without security of any kind. And best of all: you will start repaying it a year after you finish your studies.
Frequently Asked Questions
Which is the maximum amount I can ask for it?
18.000€
Can I ask for a smaller amount if I don’t need the maximum amount of 18.000€?
Yes.
Do I need any security?
No.
When I have to repay the loan?
The maximum grace period is 42 months for master’s degrees longer than 1 year.
Who can apply?
Residents in any of the EU State Members (28) + its Associate State Members (Iceland, Turkey, Norway and the FYR of Macedonia).
Can I finance a master’s degree in the Erasmus Mundus programme?
Yes, as long as you live in Spain.
Are there interest rates?
Yes, 5.50% annual, fixed throughout the term of the loan.
For more information, please visit Microbank website.
Other scholarship
We encourage self-funding students to check all the available scholarships in their origin countries before their departure. Below you can find some possibilities that may be of your interest.
| ORGANIZATION | COUNTRY | SCHOLARSHIP | REQUIREMENT | |
|---|---|---|---|---|
| CONICYT (National Council of Science and Technology, Chile) | Chile | 40.000 € | Chilean citizens | + |
| MoE Scholarship | Taiwan | 12.000 € | Taiwanese citizens | + |
| Asociación Universitaria Iberoamericana de Postgrado | Latin America | 1.200 € | Latin American | + |
| AGAUR | Spain | - | EU citizens | + |
| European Traineeships | EU | Internship related | Everybody | + |
| Fundació Autònoma Voluntària | Spain | Fieldwork related | Everybody | + |
| Santander | Spain | - | Everybody | + |
Health insurance
The GLOBED M.A. students are provided with worldwide travel insurance by the insurance broker Dr-Walter. The validity of this insurance plan begins 2 months prior to the official start date of the program and until the end of it.
For more information about the General Conditions of Dr-Walter, click here. If you have questions about the insurance you can contact Dr-Walter by email to international@dr-walter.com. In case of emergency situations when assistance is needed immediately, please contact +49 (0) 89 55 987 -641.
The insurance payment is included in the Scholarship for those students granted with an Erasmus+ Scholarship; and included in the participation fees for self-funding students, so no extra payment is required for any student.