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Erasmus+ postgraduate loans

Through the Erasmus+ programme, students wanting to study a postgraduate degree in another country can apply for an Erasmus-backed loan.

The money can be used to cover both tuition fees and living costs in any of the  35 Erasmus+ countries. This excludes your country of residence and the country you studied your undergraduate degree in.

Maximum loan amount

  • One-Year Master's Programme: €12,000
  • Two-Year Master's Programme: €18,000

Applications are made in your home country to a bank or student loan company that has signed up to the scheme.

More information about the Master loans is available on the  Erasmus+ website.

Students from Spain wishing to study a Master's degree at St Mary's can apply for an Erasmus+ Master loan with Microbank (La Caixa).

Please note: the Erasmus+ Master loan is a new addition and will not replace Erasmus grants.