International Credit Mobility funding is allocated in two seperate grants: a travel grant and an individual support grant.
The travel grant for students and staff is based on a distance band.
Travel distance is calculated using the distance calculator supported by the European Commission (http://ec.europa.eu/programmes/erasmus-plus/tools/distance_en.htm). The distance of a one-way travel must be used to calculate the amount of the ICM grant that will support the round trip.
The current travel grants for students and staff are as follows:
|Travel Distance||Grant Amount|
|For travel distances between 10 and 99KM||20 EUR per participant|
|For travel distances between 100 and 499KM||180 EUR per participant|
|For travel distances between 500 and 1999KM||275 EUR per participant|
|For travel distances between 2000 and 2999KM||360 EUR per participant|
|For travel distances between 3000 and 3999KM||530 EUR per participant|
|For travel distances between 4000 and 7999KM||820 EUR per participant|
|For travel distances of 8000KM or more||1500 EUR per participant|
Individual Support Grant
|Type of Mobility||Incoming||Outgoing||Minimum Duration||Maximum Duration|
|Staff||€180/day, reduced on 15th day||€180/day, reduced on 15th day||5 days, excluding travel||60 days|
|Student||€900/month||€700/month||3 months or 1 semester||12 months|
- Once your Erasmus+ ICM agreement for Teaching or Training has been approved and signed and your contract has been issued, you must complete UL Global's International Credit Mobility Bank Details Form which will be sent to you via email from email@example.com in order to facilitate the payment of your travel grant and individual support grant.
- The grant will be paid within 30 days of the last signature on your contract into the bank account details which you provided.
- Once you have received the grant payment, you are required to complete an Acknowledgement of Grant Receipt to confirm that you have received the full grant as outlined in your contract.