With the next semester approaching, and in line with its earlier promise to cover the costs of Erasmus+ scholarship holders if needed, the Board of Trustees of the Maecenas Universitatis Corvini Foundation, at its meeting of 24 April 2023, set out the financial details for the funding of Erasmus+ students who will be going abroad in the next autumn semester.
These rules instituted at Corvinus will enter into force if the ban on foundation universities to receive EU higher education funding remains in force at the time when the grant agreements are to be signed. In this case, the Foundation will complement the Erasmus+ funding currently available at Corvinus.
This will also allow students who have been awarded an Erasmus+ to go abroad who would no longer be funded under the current Erasmus+ framework. The following rules will determine which student will receive the necessary funding from which source.
1. Direct Erasmus+ funding:
The available Erasmus+ funding will be allocated to the following students who will be going abroad in autumn 2023/24, in the order below:
Students going abroad with Erasmus+ funding are eligible for additional Erasmus+ grants, such as Green Travel.
2. Financing by the Foundation:
Students traveling with funding from the Foundation for a Study Abroad programme are not eligible for further support (eg. Green Travel).
The university will notify the students concerned in June of the funding they will receive for their trip. Corvinus will provide information on the Erasmus+ funding rules for the spring semester of the academic year at the end of August.
If you have any further questions, please feel free to ask them via the MyCorvinus HUB in the Manage it online! system: http://hub.my-corvinus.hu/