Funding the exchange

Grant for short-term study exchange (BIP)

The grant amount is 79€ per day for short-term (BIP) exchanges, regardless of the destination country.

Grant for long-term study exchange (2-12 months)

The amount of the grant is determined by the duration of the exchange and the destination country.

Grant for internships abroad (2-12 months)

The amount of the grant is determined by the duration of the exchange and the destination country.

In addition to the individual grant, students receive travel support. The amount is determined based on the distance between the country of departure and the destination country.

The travel support is calculated based on the straight-line distance between the host organization and Humak’s Helsinki campus. If you are traveling to your destination from outside Finland, please notify us at erasmusmobility@humak.fi.

Students are eligible for higher travel support if they travel to their destination in an environmentally friendly manner, i.e., using low-emission modes of transport for at least half of the journey. Read more about green travel and responsibility during your exchange in the Student’s Guide.

Students can also receive a subsistence allowance for travel days. The allowance is paid for 0–2 days of non-green travel and 0–6 days of green travel.

The grant is paid in two installments in long-term exchanges (80% before the exchange and 20% after). In short-term exchanges, the grant is paid in one installment before the exchange.

The grant is paid to the student’s bank account within approximately four weeks of signing the Grant Agreement.

The grant may be partially or fully reclaimed if the student fails to complete all required exchange-related tasks.