The Erasmus Mundus Fellowships include a monthly gross salary of 2800 euros for both EU and third country students (see the financial conditions on General Information), paid for a maximum of 36 months.

These monthly allowances in the form of employment contracts, depending on the rules at the particular university, will be provided to all successful NanoFar candidates during 3 years.
The net salary will depend on national taxes and social security contributions, which results in a monthly net salary of between 1420€ and 1630€ depending on the country of employment (due to differences in social contributions and taxes).

The basis of these contracts is that all students selected should thus be able to participate full-time, independently of the personal financial situation.