Erasmus Grant Agreement Model: All You Need to Know

Erasmus is a European Union initiative that provides opportunities for students, teachers, and institutions to exchange knowledge and experiences. Erasmus programs help students gain international exposure and develop their skills and competencies. Erasmus also offers financial support in the form of grants to facilitate the mobility of students and staff.

To make the process of awarding grants easier, Erasmus has established a grant agreement model. The grant agreement model is a legal document that outlines the terms of the grant awarded to the beneficiary.

Here are some important points to know about the Erasmus grant agreement model:

Scope of the Agreement

The grant agreement model covers the grants awarded for mobility activities under the Erasmus+ program. It defines the roles and responsibilities of the beneficiary, the sending and receiving institutions, and the Erasmus National Agency. The agreement also outlines the financial arrangements and provides information on how the grant will be disbursed.

Eligibility

Only institutions that have been approved by the Erasmus National Agency can participate in the Erasmus program. The grant agreement model is applicable to beneficiaries who have been awarded grants for mobility activities by the Erasmus National Agency.

Duration of the Agreement

The grant agreement model is valid for the duration of the mobility activity. It commences on the day the beneficiary starts the mobility activity and ends on the day the activity is completed.

Financial Provisions

The grant agreement model defines the financial arrangements between the beneficiary and the Erasmus National Agency. It provides information on the amount of the grant, the payment schedule, and the currency in which the grant will be paid.

The model also includes provisions for changes to the grant amount due to early termination of the mobility activity or changes to the mobility period.

Roles and Responsibilities

The grant agreement model outlines the roles and responsibilities of the beneficiary, the sending and receiving institutions, and the Erasmus National Agency.

The beneficiary is responsible for ensuring that the mobility activity is completed in accordance with the grant agreement model. The sending and receiving institutions are responsible for providing support and guidance to the beneficiary and for ensuring that the mobility activity meets the objectives of the Erasmus program.

The Erasmus National Agency is responsible for approving and monitoring the mobility activity and for ensuring that the grant is disbursed in accordance with the grant agreement model.

Conclusion

The Erasmus grant agreement model is an important legal document that defines the terms of the grant awarded to beneficiaries under the Erasmus+ program. It outlines the financial arrangements, roles and responsibilities of the parties involved, and the scope and duration of the agreement.

As a beneficiary of an Erasmus grant, it is crucial to understand the terms of the grant agreement model and to comply with its provisions. This will ensure that you receive the full benefits of the Erasmus program and contribute to the program`s success.