The Erasmus Program (European Region Action Scheme for the Mobility of University’s Students) is a European Union (EU) student exchange program established in 1987. The Erasmus Mundus program is the parallel program that is oriented towards globalizing European education. Whereas the Erasmus Program is open to Europeans, Erasmus Mundus is open to non-Europeans with Europeans being exceptional cases. Erasmus+, or Erasmus Plus, is the new program combining all the EU's current schemes for education, training, youth and sport, which was started in January 2014.
The main aim of this program is to modernize education and improve opportunities of education for young people. One of the most important actions of this program is to provide international exchange of students and staffs between European countries and other partner countries.
Before mobility (a period of time that the participants spend in a European country) taken place the inter-institutional agreement should be signed and the sending and receiving institutions and the participants must agree on activities that the participants will undertake. There will be learning agreement sets out the study program and a participant’s grant agreement that sets out the financial support.
The sending institution is responsible for selecting the participants and the detail of obligations is mentioned in inter- institutional agreement.
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