Picture finishing a masters that was taught in three countries, with your tuition paid and a stipend landing every month. That is the deal behind the Erasmus Mundus scholarship, one of the few programmes that funds an entire international degree rather than a slice of it. For the 2027 intake, most calls open between October 2026 and January 2027. If you have wanted to study in Europe without draining savings, this is the window to prepare.
By the Travel Explore editorial desk. Last updated 7 July 2026.
In this guide
- What the Erasmus Mundus scholarship actually pays
- Who can apply and what wins a place
- A timeline that keeps you ahead
- Common questions answered
What the Erasmus Mundus scholarship actually pays
These are Joint Masters run by a consortium of universities, so you study in at least two countries and graduate with a joint or multiple degree. The EU grant is generous. It covers tuition, contributes to travel and insurance, and adds a living allowance of roughly €1,400 a month for up to 24 months. Erasmus+ describes it as covering participation costs plus “a monthly allowance for living costs.” Compared with paying international fees out of pocket, the package can be worth tens of thousands of euros across the degree. That is the difference between a masters you dream about and one you actually enrol in.
Who can apply and what wins a place
Applicants from almost anywhere in the world are eligible, and you apply directly to the programme, not to a central office. Selection is competitive and academic fit matters most. Strong grades, a focused statement that matches the course theme, solid references, and proof of English carry the file. Nguyen, an engineering graduate from Da Nang, framed his application around a single research interest that ran through all three host universities. That coherence, not a long list of activities, is what selection panels reward. Browse live courses in the official EACEA catalogue and shortlist two or three that genuinely match your background.
A timeline that keeps you ahead
Work backward from the deadline. Most 2027-intake calls open in October or November 2026 and close between December and January. That leaves autumn 2026 for test bookings, transcripts, and references. Start your English test now if you need one. Draft the motivation letter early and tailor a fresh version for each consortium. Confirm each course is on the official catalogue before you invest hours, since only listed programmes carry the EU-funded scholarship for that year.
Planning the student-visa side too? Start with our visa eligibility checker and keep everything in one place at https://linktr.ee/travelexpore.
Keep these in view
- Funding covers tuition, travel, insurance, and about €1,400 monthly for up to two years.
- You study in two or more countries and earn a joint or double degree.
- Apply directly to each programme, using the official EACEA catalogue.
- Most 2027 calls open October to November 2026 and close by January.
Common questions answered
How much is the Erasmus Mundus scholarship worth?
It covers tuition and travel and pays a living allowance of about €1,400 a month for up to 24 months, though exact figures vary by programme.
Can students from outside Europe apply?
Yes. The scholarship is open to applicants worldwide, with a set share of places reserved for candidates from partner countries.
Where do I submit my application?
Directly to each Joint Masters consortium listed on the official EACEA catalogue, each with its own deadline and requirements.
When do 2027 applications open?
Most calls open between October 2026 and January 2027 for programmes starting in the 2027 academic year. Always confirm on the course page.
Related reads
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- LinkedIn: Europe will fund your entire masters, tuition plus a monthly stipend, across two or more countries. The 2027 calls open from October.
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- Facebook: A fully funded masters in Europe is real. Here’s how the Erasmus Mundus scholarship works.
Start the paperwork before the rush
The students who win these places are rarely the busiest. They are the ones who started early and matched a real interest to the right course. Shortlist your programmes now and build the file over the summer. Keep your study-abroad plan on track at https://linktr.ee/travelexpore.
Sources
- European Commission, Erasmus Mundus Joint Masters for students, erasmus-plus.ec.europa.eu (T0 official)
- EACEA, official Erasmus Mundus programme catalogue, eacea.ec.europa.eu (T0 official)