E. Financial conditions – grant
- Students may be awarded an Erasmus+ EU grant to help cover part of the costs of travel and subsistence costs incurred in connection with their study period abroad.
- The amount of the grant depends on the ‘group’ to which the country of the receiving institution belongs (higher costs of living in some countries).
- Erasmus+ students are exempted from paying fees for tuition, registration, examinations and access to laboratory and library facilities at the host institution.
- The host institution may charge Erasmus students only standard fees (the same rules for all students) such as joining fee in a student association, or fee for using a copy machine, obligatory insurance, issuing a student ID card, etc.
- Before going for mobility period students are obliged to pay tuition at their university for the semester they are going to study abroad.
- In order to obtain a grant a student is obliged to set up a euro bank account and keep it until the grant is fully paid.
- The payment of the grant is due after signing the Student-University Agreement in two instalments (SMS -mobility for studies 80% and 20%, SMP – mobility for traineeship 70% and 30%). First instalment is paid before the earliest of the following:
– 30 calendar days after the signature of the agreement by both parties,
– on the starting day of the mobility or after a confirmation was delivered from the sending institution to the receiving institution.
The second instalment is paid after a student has delivered all the documents recognising his or her mobility period.
The final amount for the entire financial mobility will be calculated in the Mobility Tool+ system (through multiplying the number months specified in the agreement and the monthly rate appropriate for the selected country. In case of incomplete months, the remaining amount will be calculated through multiplying the amount by days spent on mobility during that month and 1/30th of the monthly rate.)
- In the case of the university’s agreement to prolong the period of the mobility, the student will receive additional funds, to once again reach the 80% of the new total grant amount. The second instalment is still paid after a student has delivered all the documents recognising his or her mobility period. In the case of traineeship, the financial support will be transferred in a system of monthly installments.
- In the case of shortening of the stay the mobility period, a student must repay the part of the grant which was supposed to cover the months which were not in fact spent abroad.
In the case of traineeship period:
- A student qualified for Erasmus mobility is obliged to sign an agreement with Vincent Pol University.
- A Training Agreement should be made with the receiving institution (students who find on their own a receiving institution have a priority when applying for a grant). Training Agreement sheet is available in International Relations Office.
- Real dates of starting and finishing the mobility period have to be specified in a Progress Report or a Practical Training Certificate of Completion, issued by the receiving institution. The certificate has to be signed and stamped by the overseer at the receiving institution at the end of the mobility.
- Before and after the mobility period, the student is to take an OLS language proficiency test. The initial test is required for the grant. A student can be exempted from the initial test if the language of studies or practical training at the receiving institution is their native language. A student can be exempted from the second test if their score on the first test was at least C2.
- After return to the country a student should fill in an online EU Survey questionnaire about the mobility period within 30 days of receiving a request to fill it. Failure to fill in the survey on time might result in being asked to return the grant money partially or in full.
- If a student does not submit the required documents and/or does not fill in the online questionnaire, the agreement between University and a student is considered void and grant should be refunded.
In the case of study mobility:
- A student qualified for Erasmus mobility is obliged to sign an agreement with Vincent Pol University.
- A declaration of full academic recognition for satisfactorily completed activities (exams) during the study mobility period as agreed in the Learning Agreement, is signed.
- A Learning Agreement setting out the programme of studies to be followed, as approved by the sending and the receiving institution is prepared.
- As an additional document for Learning Agreement a Recognition Sheet is prepared, which certifies the recognition of credits and study period at the receiving institution.
- After return from study mobility a student should submit the Dean a Transcript of Records, which certifies credits, exam results, and the number of ECTS points.
- Before and after the mobility period, the student is to take an OLS language proficiency test. The initial test is required for the grant. A student can be exempted from the initial test if the language of studies or practical training at the receiving institution is their native language. A student can be exempted from the second test if their score on the first test was at least C2.
- After return to the country a student should fill in an online EU Survey questionnaire about the mobility period within 30 days of receiving a request to fill it. Failure to fill in the survey on time might result in being asked to return the grant money partially or in full.
- If a student does not submit the required documents and/or does not fill in the online questionnaire, the agreement between University and a student is considered void and grant should be refunded.