Costs and grants

The expense of your time abroad depend on your own spending behaviour. For some students spending time abroad is more expensive than staying home. For others this might be the other way around. Some even manage to save up.

On this page, you may find more information on:

Budget

It is estimated that you will need about € 1000,- a month during your exchange, depending on the cost of living in your host country and how much you decide to spend on social activities, trips, etc. Before you leave, calculate your income and expenditures in the Netherlands and compare them to the estimations we created below.    

Costs

When studying abroad, you should consider the following costs:

  • Tuition fee Erasmus University. You do not need to pay tuition fees at the host university.
  • Administrative costs host university. The partner university may charge some administration fee for housing, for example.
  • Housing.
  • Insurance. Consider supplementary health insurance, travel insurance and liability insurance. In some countries, you may be required to get a local insurance. In this case, it may be that you need to pay your obligatory Dutch insurance as well.
  • Food.
  • Social activities and trips.
  • Travel expenses and possible visa fee.

Please check the partner profile and student reports for an estimation of the costs at universities that interest you.  

The total estimated amount of € 1000,- per month is comparable to the expenses of an the average Dutch student who is not living at home anymore:

Expense type

Estimated costs per month in the Netherlands

Tuition

€ 165

Rent

€ 336

Groceries

€ 161

Books

€ 57

Transportation (besides OV card for students)

€ 55

Social activities and hobbies

€ 144

Clothing and shoes

€ 47

Health Insurance

€ 97

Telephone costs

€ 26

Total expenses per month

€ 1088

Source: website Nibud.  

Grant opportunities

As an exchange student, you may be eligible for grants. Please find an overview of possible grants below:

Erasmus+  

Only for students going on exchange within Europe (and Turkey). After nomination, you will receive more information about the procedure and requirements for this scholarship. The university cannot guarantee this grant, until all participating students, their destinations and semester dates are known. Please consider the grant as additional funding during your exchange.

More information about the Erasmus+ Grant.

After receiving the Learning Agreement, please direct your questions about the Erasmus+ Grant to the following e-mail address: erasmusplus@eur.nl.

The Erasmus School of Economics Scholarship

Students selected for an exchange destination outside of the Erasmus+ area can qualify for the Erasmus School of Economics Scholarship. The requirements are as follows:

  • You have not received an Erasmus School of Economics Scholarship before
  • You will go on exchange for at least three months. 

In total, this scholarship is € 500,- and will be paid in two parts. You will receive the first part (75%) before departure. After return, you will get the second part (25%) after you handed in a number of documents (see After return).

The exchange coordinator will nominate you for this scholarship. Please note that Erasmus School of Economics cannot guarantee the grant. It is determined per year whether all students will receive the grant. Therefore, please consider the grant as additional funding instead of your main income for your exchange.

The Erasmus School of Economics Additional Scholarship

Erasmus School of Economics offers an additional scholarship of maximum € 500,- to a very small number of students who are highly motivated and who can prove that they do not have sufficient financial means to go on exchange. Please note that the budget for this scholarship is limited. Information about the application procedure is explained on Canvas. 

Holland Scholarship Erasmus University

The Holland Scholarship Erasmus University is meant for excellent students who require additional funding to pay for their exchange outside the European Economic Area (EEA), Norway, Switzerland and Turkey. The scholarship amounts to € 1.250 and is a contribution towards your study expenses. More information about the selection is explained on Canvas.

Other grants and scholarships

You are more than welcome to apply for other grant opportunities. Please inform the Exchange Coordinator on time if the grant requires you to submit additional information from the university.

Next to the above-mentioned grants, please consider other resources of financing:

For more information on Funding, please visit EUR International Office’s website on this topic.