Financial aspects

How will my scholarship be paid?
Do I need to take out insurance?
What costs are not included in the funding package?
What flights and travel will I need to undertake during the programme?
What is the cost of living in various countries?

How will my scholarship be paid?

For students receiving an Erasmus Mundus scholarship, the participation costs (tuition fees) will be transferred automatically to the ADVANCES consortium. 

The living costs component of the scholarship will be paid each month directly to your bank account.  It takes a minimum of 2-3 weeks to obtain a bank account in most of the EU countries in the consortium.  This means that candidates starting the programme need to bring sufficient funds to live in the UK for several weeks until their bank account is established.  

The travel costs element of scholarships will be paid at the beginning of each academic year.  European Commission rules state that these payments can only be made once students are officially enrolled in the respective university.  This means that scholarship holders must pay for their initial travel to Lincoln (United Kingdom) at the start of the programme from their own resources.  The travel-related element of the scholarship will be paid as soon as candidates have opened their UK bank account.  

Do I need to take out insurance?

Medical and travel insurance is included in the participation costs for ADVANCES and organised by the consortium.  Students will be provided with details of the policy in the summer before enrolment along with information about how to use medical services in the various ADVANCES countries. 

What costs are not included in the funding package?

Personal computers and textbooks are not included, but the libraries of ADVANCES universities have substantial textbook holdings, computers and electronic resources.  Students from outside the European Union will need to pay for their study visas and residence permits. 

What flights and travel will I need to undertake during the programme?

The ADVANCES programme involves considerable mobility across Europe in order to expand your academic and social experiences.  You will change location each semester and also attend summer events (Summer School at the end of Semester 2 and Research Conference at the end of the programme).  Most flights within the European Union are reasonably inexpensive if booked in advance (less than 100 Euro one-way). 

What is the cost of living in various countries?

Living costs vary between the various university cities you will visit during the ADVANCES course.  Costs in Lincoln, Aalborg and Nanterre (Paris) are generally much higher than Lisbon and Warsaw.  Universities have provided the following estimates as general guidance: 

Lincoln – accommodation with utilities costs approximately GBP £325 to £480 per month, meaning that overall monthly expenses are probably GBP £800-£900 or Euro 950-£1000.  Lincoln is a small city, you are unlikely to need to use public transportation often.  For general living costs you can find useful information on how to budget on the International student calculator website.

Aalborg – the recommended monthly budget to live in Aalborg is DKK 7500, which is approximately USD 1300 or Euro 1,000.

Lisbon  – estimated costs are:

  • Meals: 225 €/month
  • Renting a room: 200 € to 300 €/month
  • Monthly Ticket for Public Transportation: 35 €/month
  • Entrance ticket to a Museum, National Monument: 2 €/5 €
  • Cinema ticket: 5.50 €
  • Tickets for theatre, concerts, opera or ballet performances: 20 €/75 €

Warsaw – the recommended monthly budget is 2,000 PLN or approximately 500 Euros.

Nanterre – approximately 1000 Euros per month, including €400-600 for accommodation, €300 for food, €50 for metro pass and additional expenses for leisure activities.