Erasmus plus scholarships

Erasmus plus scholarships summary

Available total funding = 14.7 billion Euro!!!
Available funding places = more than 4 million scholarships
more than 4,000 higher Education institutions spread out in 33 countries

How the Erasmus+ scholarships Program will save Europe’s economy

Youth unemployment is a huge concern in the minds of European leaders and citizens. Although Europe’s leaders have taken the helm to battle against the high unemployment rates of youths under 25 years old, joblessness is still a pressing issue, The unemployment rate for the EU­ 28 is around 11%, which is still a high number across the continent. The rate is especially higher in certain countries, such as Spain, Greece, and Portugal, with unemployment soaring to 25%.
In response to the job crisis, the European Parliament has decided to remedy Europe’s dark cloud by means of a valuable arsenal: education. By mobilizing educational institutions across Europe towards assisting student education, the European Parliament hopes to increase their youth’s employability in our economy through the right training and rich learning experience.

One means of enriching students’ learning experiences is through study abroad initiatives. Exposure to new ideas and culture will heighten the learning experience and cultivate smarter and worldlier minds. For this reason, the European Parliament partnered with LifeLong Learning Program to tackle this problem. With their budget increased by 40%, the LifeLong Learning Program expanded its program and changed its name to Erasmus Plus. Though it has taken a different name, the goal of the program has not changed.

What is the Erasmus Plus Program?

Erasmus plus scholarships are named after Holbein Erasmus

Erasmus Plus, like its previous incarnation, is a program designed to assist students in receiving a vibrant learning experience in education, training, youth, and sports. The program was signed into action by the European Parliament on 7th of January, 2013. The program was fully launched on January 2014 and
was funded a budget of €14.7 billion. Through its varied opportunities, the program will be instrumental in supporting youths in their educational endeavors through study abroad ventures.
The name of the scholarship derives from the Renaissance humanist, Erasmus of Rotterdam. It is a fitting title, since Erasmus was one of the crowning figures of lifelong learning who traveled to different parts of Europe, including Paris and London, in pursuit of a scholarly life.

Students from different academic levels can take advantage of what Erasmus Plus has to offer. Undergraduates, graduates, and post­doctoral students will be allowed to travel to different parts of Europe to get a rich and multicultural experience through which they can cultivate their full potential. High school students are also eligible to volunteer to different parts of the country, as long as their youth organization is registered under the Erasmus Plus. The extent of the program’s impact is broad, indeed, and youths who are able to participate are admonished to enter the program.

The program is expected to positively impact many students. Approximately 4 million beneficiaries will enter into the program. Among those beneficiaries includes 2 million university students, 650,000 vocational students and apprentices, and 500,000 volunteer abroad and youth exchange participants. Through Erasmus Plus, they will receive the financial and institutional support to study, train, and volunteer in different educational programs and grassroot organizations.

The prerequisites for admission into the Erasmus Plus program is not thoroughly complicated. The applicant must be a student who is undergoing academic studies or vocational training. The educational level of the student can range to undergraduate, graduate, vocational, adult, and high school. Finally, the applicant must be enrolled at a university or youth organization partnered with the Erasmus Plus program in order to participate.
Erasmus Scholarships

The Erasmus Plus also provides grants which participants can utilize to pay for the expenses of the program. These scholarships provided by Erasmus Plus fall under the Erasmus Mundus Scholarship, which previously went through some modifications and changes in their policies. However, they still provide essential financial support to a wide range of students who meet the criterias of the scholarships. The scholarships are divided into two categories for the Erasmus Mundus Scholarships: Action 1 and Action 2 scholarships.

Action 2 Erasmus Mundus scholarships are generally available to many students and covers a broad range of eligible candidates. Qualified applicants can come from different post­secondary levels, so undergraduates, graduates, doctoral, and post­doctoral students are welcomed. Furthermore, candidates from different academic disciplines and fields of study are encouraged to apply. However, many of the scholarships’ requirements will still vary, depending of their criteria of the scholarship.

Action 2 Erasmus scholarships as a category offers a plethora of grants, so a careful examination of the Erasmus scholarship listing will assist an interested candidate in finding the right scholarship for him or her. The Action 2 scholarships are also sponsored by many schools around the world, so a candidate will have a wider selection of places to travel to. Deadlines will vary, depending on the scholarship and its institution.
Action 1 Erasmus Mundus Scholarships have more specific requirements though. This category of scholarships is primarily for students pursuing a Masters or Ph.D. degree. The field of study is broad qualification and, basically, a student studying in any field is eligible to apply.

There is a specific deadline for the Action 1 Erasmus Mundus Scholarships. One would need to apply for the last quarter of the current year or the first quarter of the first year in order to to meet the deadline. For example, to qualify for the 2014 ­ 2015 Erasmus Mundus Scholarship, the candidate must submit his application by the last quarter of 2014 or the beginning of 2015 to be considered for the scholarship.

The Significance of the Program
In order to make sure that our future generations continue to become more employable in a recovering economy, current students will need all the support they can get in order to have a rich educational experience. As mentioned earlier, the expansion of the mind and imagination depends in the widening of their horizons. An art student might become inspired when she sees the Cathedral architectures of Madrid. A business student might gain a stronger understanding of his country’s economy by observing other economies outside of his own. A sophomore student, who is undeclared in his primary focus of study, might learn his passion in another country.
In the end, the enhancement of educational experiences will reap many benefits to student individuals and our economy. In order to achieve this feat, measures taken by the Erasmus Plus Program are necessary to provide our current scholars the knowledge and vocational training that they need. Europe’s investment in its students is an investment in its future.