Academic CentreFinancial Conditions for Erasmus+ Mobility for Traineeships.
In order to carry out the mobility, the student receives Erasmus+ grant, intended for covering travelling expenses, as well as costs related to staying abroad.
Taking into account Erasmus+ funding granted to the University of Latvia (UL) from the resources of the European Commission, as well as co-financing provided by the Republic of Latvia, the UL Erasmus+ Supervisory Commission approves monthly UL grant rates for traineeship for the particular Erasmus+ project.
The actual funding for the mobility period is determined by multiplying the corresponding monthly rate for the target country with the number of months in the mobility period. If the duration is less than a full month, the academic funding is determined by multiplying the number of days with 1/30th of the monthly rate.
Within 30 calendar days after signing the Erasmus+ Grant Agreement, the UL shall pay an advance of 90% of the total determined amount of mobility funding.
The submission of reporting documents at the end of Erasmus+ mobility shall be considered as student’s request to receive the final payment of mobility funding (amounting to 10%). The UL shall pay the final payment to the student within 45 calendar days or demand a repayment of the received mobility funding (if the mobility period has been shortened).
Erasmus+ traineeship mobility monthly grant rates 2024/2025:
820 EUR Bulgaria, Romania, Macedonia, Serbia, Estonia, Lithuania, Poland, Czech Republic, Slovakia, Hungary, Croatia, Slovenia, Turkey
940 EUR Greece, Cyprus, Germany, Portugal, Spain, Malta, Italy, Netherlands, Belgium, Austria, France
990 EUR Denmark, Sweden, Finland, Iceland, Ireland, Luxembourg, Norway, Liechtenstein
Additional funding (one-off payment of 50 EUR) for Green travel grant can be provided to reach the host country. Green travel means that the main part of the total distance (in both directions) is used by a train, bus or car (shared by at least one more mobility student).