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Funding and Sustainability Strategies for Master Courses in MERIT Program

This workshop focuses on the financial aspects of the Master Courses within the MERIT program, addressing the current tuition fee structure for both European (€1,400/year) and third-country students (€5,000/year). Key topics include the discrepancies between public fees and actual costs, challenges in administrative burdens, and potential solutions like increased sponsorship and Erasmus Mundus program integration. The goal is to promote a sustainable model that enhances European mobility and provides a high-quality educational experience while ensuring proper funding mechanisms through national and international collaborations.

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Funding and Sustainability Strategies for Master Courses in MERIT Program

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  1. Workshop 3 30/11Funding and Sustainability of the Master CoursesMERIT. F. Torres(UPC-UKA-PdT-UCL)

  2. MERIT Tuition fees • Third country students: 5000€/year • European students: About 1400€/year • Based on national public fees that yield small differences within the consortium. Also related to different services. • Public fees do not reflect the real cost of a quality MC. • Public fees are beyond the control of the consortium • Possible actions result in increased administrative burden and lack of full legal basis: • Average fee to be compensated internally • Inclusion of additional services to balance fees

  3. Sponsorship Erasmus Mundus programme promoted as a quality umbrella for post-graduate European education. • Private sponsors have sponsorship programs for similar purposes: • E.g La Caixa in Spain: • Fulbright at the USA • British Council at UK

  4. National Funding • MC European mobility currently under-funded: • Future MC European mobility programmes • Promotion of National programs devoted to fund European mobility within Erasmus Mundus MC. • Even a reduced number of National scholarships will result in a strong impact on quality perception of EM MC at national level.

  5. International Funding • Erasmus Mundus programme promoted as a quality umbrella for post-graduate European education: • Latino America cooperation agencies • Mediterranean cooperation • Islamic development organizations • …

  6. Use of tuition fees • Consortium management • Administrative support, consortium meetings (travels) • Dissemination • Consortium web, brochure, mailing, travels • Transversal courses • External lecturers from industry • Quality assurance • External committee, reporting

  7. Overall resourcing • High quality programmes aim to a reduced number of students, e.g: • 25 students/year x4 partners=100 students/year. • Overall cost and long term sustainability not fully assessed • Combination of public and private resourcing

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