Costs and Financial AID

Criteria for funding allocation will be based on merit and international diversity

Explore fees, living costs, and financial aid

FEES

Erasmus Mundus Fees

Fully self-funding students will pay fees according to public prices, to be established by agreement of the three degree-awarding institutions and revised on a yearly basis. Our current fee estimate is 17000€ per year, 34000€ for the full program.

Other costs

All students will be spending Term 1 in Murcia, Spain (September-December), Term 2 in Lund, Sweden (January-June), an internship of at least 6 weeks at a location of choice between Terms 2 and 3, and Term 3 in Erlangen, Germany (October-February). For thesis research in Term 4 (February-August), students are expected to be based at one or two locations, either from these three universities or somewhere else in the world, where they have been offered opportunities for employment or co-supervision. They are also expected to travel to one MULTICOM event per year.

Therefore, substantial costs can be expected for travel expenses, visa and residence permit applications, and the installation and living costs. Health insurance, library costs, administrative costs, and cultural and social events must be added.

We estimate that costs other than tuition will amount to at least 35,000€ for the full duration of the program (2 years). Self-funding students will need to provide adequate financial proof that they are able to cover all costs associated to the program (details forthcoming).

SCHOLARSHIPS

10-15 Erasmus Mundus scholarships are planned for each edition. Scholarships cover participation costs (tuition, insurance, admin/cultural costs) and include a pro-rata €1,400/month stipend for the full duration of the program. Regular Erasmus Mundus Scholarships will be evenly distributed between EU and non-EU students throughout the first four editions (2026-2031).

Admitted candidates who have requested to be considered for financial aid will be offered funding according to their ranking for admission. The evaluation of funding applications is exclusively based on merit and international diversity (a max. 10% of scholarships for the same nationality during the first four editions). Applications for financial aid are filed separately and do not influence the admission process. Admitted candidates may be offered a full scholarship, partial funding, or no financial aid.

The 10% rule does not apply to top up scholarships for targeted regions of the world (NDICI and IPA), if applicable. These scholarships are offered in addition to the regular Erasmus Mundus scholarships.

These are the scholarships assigned to NDICI/IPA regions, for the total of the first four editions of MULTICOM (after every new cohort is admitted, these figures will be updated to show the remaining scholarships for these targeted regions):

  • Sub-Saharan Africa: 5-6 full scholarships
  • Latin America: 4-5 full scholarships
  • Asia: 4-5 full scholarships
  • Central Asia: 1-2 full scholarships
  • Neighborhood South: 1-2 full scholarships
  • Middle East: 0-1 full scholarships
  • Pacific, Caribbean: 0-1 full scholarships
  • Western Balkans: 2 full scholarships

For further information about the NDICI and IPA world regions for EU policy, see: https://ec.europa.eu/info/funding-tenders/opportunities/docs/2021-2027/relex/guidance/list-3rd-country-participation_relex_en.pdf

FUNDING

Public & private funding

Public and private funding sources

Public funding sources provide support through government grants and institutional funding. Private funding sources include scholarships, grants, and loans from reputable organizations, foundations, and companies. These funds can cover tuition, research, and living expenses, often awarded on merit, need, or other criteria set by the provider. Explore funding options in your own country or region. MULTICOM-relevant funding opportunities will be listed here as we identify them.

Employer funding

If you have received an offer of admission and are planning to request your current employer to cover your costs, including tuition, fees, and related expenses, feel free to contact us for any further information that you may require. We can also be directly in touch with your employer to facilitate the process, provide documentation, and clarify timelines and payment methods. We coordinate discreetly, ensuring accuracy, confidentiality, and efficient processing throughout.