Finance
What financial assistance is available?
All EU Nationals on an Erasmus Programme are eligible
for a grant - irrespective of parent's earnings and Local Authority grants.
However, the grant must not be used to cover costs already supported by other
European Community funds.
The minimum period of study is 3 months, maximum 10
months.
How & When would I receive any money?
The Erasmus grant is paid out in two instalments:
- in September
- in April/May
The UK National Agency council keep a percentage of
the UK's grant allocation in hand in case extra students want to go abroad after
the initial money has been allocated. In April / May, when the final number of
outgoing UK students are known and if money is still available, a second payment
is made.
The money is paid directly into your
bank account in pounds sterling.
Tuition Fees
Students on an Erasmus exchange
programme:
Eligible undergraduate home-fee
students spending a whole year abroad under the ERASMUS scheme do not
pay the tuition fee for that academic year, if they have applied to their LEA
for financial support.
If your period of study abroad is
less than an academic year (e.g. a term) you will be required to pay 100% of the
regular tuition fee.
NB. NO TUITION FEE WILL BE CHARGED BY
THE HOST INSTITUTION ABROAD IF STUDYING THROUGH AN EXCHANGE AGREEMENT.
Home-fee paying students on the
Assistante scheme or a work placement
If you are participating in a
work placement / Assistante scheme as part of your degree programme for a full
year the University will charge 50% of your tuition fee during the year you are
abroad.
Full International fee paying
students:
This applies to full international
fee paying students who are participating on a full year Erasmus exchange (but
are not eligible for an Erasmus grant), students studying outside the EU on a
university exchange programme for a full academic year and students participating in a full year
work placement as part of their Reading degree programme, the University will
charge 20% of your tuition fee during the year you are abroad.
LEA grant
It would be as well to check with your LEA or to warn
your parents, if they pay your maintenance, that your cost of living will be
increasing. If your study period abroad is an integral part of your degree at
Reading, your loan may be increased for that period. For more detailed please consult with Student Services.
PLEASE MAKE SURE YOU READ YOUR
OBLIGATIONS ARE...
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staff
why study abroad?
