More European students will receive scholarships for study abroad under the expanded Erasmus Mundus programme.
The EU has approved a fourfold increase in the 2009-13 budget for Erasmus Mundus, which promotes student exchanges between European universities and counterparts around the world. The increase raises the five-year budget to €950 million.
With the extra funds, the programme will be extended to doctoral-level students and support will be increased for Europeans to study in non-EU countries. During the first phase from 2004-08, more than 6 000 students and 1 000 teachers from outside Europereceived Erasmus Mundus grants to pursue academic interests in Europe. Beyond improving the quality of higher education in Europe, the programme seeks to promote cultural understanding.