Erasmus+ Student Loan

Erasmus+ Master Degree Loans are EU-guaranteed loans with favorable pay-back terms. The scheme is designed to provide postgraduate students with the means to pay their tuition and living expenses – thereby allowing individuals to focus on their degree instead of managing their bank balance.

The programme aims to be as inclusive as possible, working under the following guidelines:

• No need for collateral from students or parents – ensuring equality of access
• Favourable, better-than-market interest rates
• Pay-back terms that allow graduates up to two years to find work before beginning repayment.

Prospective Master students can receive a loan of up to €12,000 for a 1-year Master or up to €18,000 for a 2-year Master.

• outgoing & incoming students from/to Spain
• residents of the (Emilia Romagna region) in Italy
• residents of Croatia
• residents of Romania
• residents of Turkey

Students from other Programme countries can apply to study in Spain for a Master course.

Further information available here