Available in: Share article

First Erasmus+ Master Student Loan Guarantee Agreement Signed in Italy

The 3-million-euro agreement will support over 200 master's students

  • September 24, 2018 21:00
  • Author Monika Dimitrova
Medium pixa
Source: Pixabay

The European Investment Fund (EIF) and Emil Banca Credito Cooperativo have signed the very first Erasmus+ guarantee agreement in Italy to provide loans to mobile master's students in Emilia Romagna. The agreement will provide financial support for students from the Emilia Romagna region, studying for their Master degree in one of the 33 Erasmus+ Programme Countries.  

The loan will be provided at favourable conditions thanks to the EU support and will be of benefit for over 200 master's students. The 3-million-euro agreement between EIF and Emil Banca Credito Cooperativo is the first in Italy under the new Erasmus+ loan guarantee scheme financed by the European Union and managed by the European Investment Fund.

Source: European Investment Fund