Erasmus financial support from SEPIE (EU funds)

How and when is the grant paid

Complementary grants of the Regional Government (Generalitat Valenciana)

Other grants (banks and other institutions...)

ERASMUS FINANCIAL SUPPORT FROM SEPIE (EUROPEAN UNION FUNDS ) - GENERAL GRANT

The purpose of the Erasmus scholarship is not to fully finance the students' mobilities but to compensate for the difference in living standards between the country of origin and the destination country and/or to help cover extra expenses, such as travel.

The UPV received confirmation of the total budget it will receive from SEPIE for 2024-2025 mobilities on 10 July 2024. Therefore, some details, such as the final monthly amounts or the maximum number of months that can be financed for each type of mobility (semester / full year) have been updated on this website on 12 July 2024.

• The student delivers on time the documentation associated with the financial aid in each phase of the mobility (before mobility, upon arrival at the destination, and after departure from the host institution), according to the instructions received through AIRE and by email.

• The student must be included in a Resolution of Allocation of the Erasmus Mobility Places 2024-2025 signed by the Vice-Rector for Internationalisation and Communication. This is a first step only, as the call for the allocation of the spots available in each university does not include the mobility grant.
  
• The student must be included in a resolution of the "CALL FOR MOBILITY GRANTS FOR ERASMUS+ MOBILITY FOR STUDIES 2024-2025 (SMS) 2024-2025). This is the specific call for the allocation of the financial support of the EU funds distributed by SEPIE (Erasmus National Agency). This call will have an application period for mobility activities of semester A, or full academic year and a second application period for mobility activities of semester B. OPII will create an automatic application for each student in this call. A provisional resolution will be published and will be announced to students by email. You will not need to submit or send anything unless you want to appeal the provisional resolution.

Individual support. Erasmus mobility for studies - Semester-long or full academic year in intra-European mobility from Spain

GROUP	COUNTRIES	GENERAL FUNDING (1) & (2)	ADDITIONAL FUNDING "STUDENT WITH FEWER OPPORTUNITIES" (4)
Group 1	EU Countries and third countries associated to the Programme Austria, Belgium, Denmark, Finlandia, France, Germany, Irland, Iceland, Italy, Liechtenstein, Luxemburg, Netherlands, Norway, Sweden Third countries not associated to the programme, Region 14: Faroe Islands, Switzerland (3), United Kindom,	350€ month for max. 5 or 9 months	+ 250€ extra / month
Group 2	EU Countries Cyprus, Czech Republic, Estonia, Greece, Latvia, Malta, Portugal, Slovakia, Slovenia	300€ month for max. 5 or 9 months	+ 250€ extra / month
Grupo 3	EU Countries and third countries associated to the Programme Bulgaria, Croatia, Hungary, Lithuania, North Macedonia, Poland, Romania, Serbia, Türkiye	250€ month for max. 5 or 9 months	+250 extra / month

⁽¹⁾ Starting in 2024, SEPIE authorizes each Spanish university to set a monthly amount. Each Spanish university establishes this amount after making calculations based on the budget it receives from SEPIE and the number of planned mobilities. After confirmation from SEPIE on the budget assigned to the UPV, these are the final amounts.

⁽²⁾ Semester mobility: students will receive a maximum of 5 months of Erasmus EU funding (150 days); Mobility for the full academic year: students will receive a maximum of 9 months of Erasmus EU funding (270 days).

IMPORTANT. If your mobility is classified as a "Full academic year" but the actual duration of your stay is less than 7 months (210 days), the maximum amount you are eligible to receive from Erasmus EU funding will be considered to be the equivalent of a semester mobility (maximum 150 days).

Students going to Swiss institutions generally receive financial support from the host institution directly and no funds from UPV (Swiss-European Mobility Programme grants financed by the Swiss Agency Movetia).

⁽³⁾ UPV will only allocate financial support if the Swiss host institution fails to provide a scholarship funded by Movetia to the UPV student. Should this be the case, the student must contact immediately the International Office of his UPV School or Faculty.

⁽⁴⁾ Students under some categories defined by the Erasmus National Agency (SEPIE) following the Erasmus Strategy of Inclusion and Diversion receive an additional monthly allowance of 250 €. The categories of "students with fewer opportunities" are defined below.

ERASMUS FINANCIAL SUPPORT (EU FUNDS) - TRAVEL GRANT

As a novelty for the academic year 2024-2025, all participants will receive a travel allowance, which is calculated based on the distance from their UPV campus (Alcoy, Gandía, Valencia) to the location of the host institution using the European Commission Distance Calculator for the Erasmus program:

DISTANCE (UPV campus to host city)	TRAVEL SUPPORT
100 - 499 kms.	211 €
500 - 1999 kms.	309 €
2000 - 2999 kms.	395 €
3000 - 3999 kms	580 €
4000 - 7999 kms.	1188 €
8000 kms. or more	1735 €

The distance calculation is carried out by the UPV and the payment of the travel grant only requires proof of arrival at the host institution. The actual cost of the travel expenses is not considered and students do not need to provide any tickets or invoices for travel expenses.

ERASMUS FINANCIAL SUPPORT (EU FUNDS) FOR "STUDENTS WITH FEWER OPPORTUNITIES"

Students who submit one of the following documents (issued by the relevant Spanish public administration) will receive 250 € additional monthly funding:

1. Scholarship award notification issued by the Spanish Ministry of Education or Basque Education Department for post-secondary education in the academic year 2023-2024 or 2024-2025.
2. Document confirming refugee status
3. Official certificate of disability min. 33% issued by the relevant agency of a Spanish Autonomous Community
4. "Large family" card, as defined by Spanish law
5. Single-parent family card

This additional grant of 250€ per month is also European Union funds.

When and how do I have to submit any of these documents to receive the additional €250 per month for "students with fewer opportunities"?

How and when are the payments received - SEPIE / European Union Funds

Downpayment (payment upon arrival): when the student uploads a document confirming the arrival at the host university, UPV will transfer 70% of the financial allocation. The status of your file on AIRE must be "Incorporado Destino" (At host university). Settlement (after completing your mobility): When you finish your stay and upload the final documents to AIRE, UPV staff will check the dates of your departure certificate and calculate the actual duration in months or proportional part, and then a settlement is made. If you are eligible to receive more money, we will send you a final payment (respecting the maximum number of months previously announced for a semester or a full-year scholarship). EXAMPLE In 2024-25, the UPV will be able to finance 9 months of the amounts listed in the chart above for full-year stays and 5 months for semester stays. Example: for a mobility of two semesters in Prague (general grant) we allocate a student 9 months x 300 € = 2700 € The 2700€ is the maximum amount. The student. will only receive the full amount if s/he proves that the academic activity at the host university was at least 9 months (270 days or more). Downpayment: 70% of 9 months of EU Grant - Full acad. year → 1890 € 70% of the travel grant to Prague (309€) → 216,3 € Settlement: the Erasmus departure certificate signed by the host university says that the actual duration of the student mobility was 8.8 months (random example) → the total grant amount that the student is eligible for is now 8.8 months (no longer 9). In the downpayment, the student receives the missing amount : 2640 € months of EU Grant - Full year (8,8 months x 300€) - 1890 € already received 30% remaining of the travel grant for Prague (309) → 92,7 € You will not receive monthly payments and there are usually no other intermediate payments, unless the financial allocation of your scholarship changes: for example, your mobility changes from an initial duration of one semester to a full academic year, or you are awarded a complementary scholarship which was not initially assigned.

These grants are onlyfor undergraduate (bachelor) students and the allocation criteria are average grade and family income.