Money Matters - Traineeship
All students participating in the Erasmus programme are entitled to apply for Erasmus funding to support the additional costs of studying abroad. Please note that the Erasmus grant is not a full scholarship, and therefore students will need to have their own financial resources in addition to the grant in order to meet their expenses during the Erasmus period.
The Erasmus Traineeship Funding Allocations 2014-2015
Austria, Denmark, Finland, France, Italy, Liechtenstein, Norway, Sweden, United Kingdom.
Belgium, Bulgaria, Czech Republic, Germany, Greece, Spain, Croatia, Cyprus Luxembourg, Netherlands, Portugal, Slovenia, Iceland, Turkey, Estonia, Latvia, Lithuania, Hungary, Malta, Poland, Romania, Slovakia, Former Yugoslav Republic of Macedonia
*Grants are calculated according to number of days of placement (i.e., from first day of attending receiving institution or host company to the final day, so the above amounts could be slightly higher or lower).
The grant will be paid in two instalments.
1st instalment: when the student has completed the first month of the Erasmus traineeship period.
2nd instalment: when the student has completed the full Erasmus traineeship period, and submitted a student report.
Students will be required to sign a receipt for each Erasmus grant payment.
SUSI/Local Authority Grant Entitlement during Erasmus Period
Students who receive a SUSI or other educational grant to attend CIT, or who have a CIT registration fee waiver, are entitled to retain these entitlements whilst on Erasmus. One grant does not cancel out the other. Students must be registered for their CIT course before they are entitled to do an Erasmus placement. The host Erasmus institutions are not allowed to charge registration or tuition fees to Erasmus students. However, students going to Germany are required to pay “social fees” for each semester. These cover a local transport season ticket and Students’ Union fees.