FINANCIAL AGREEMENT REGARDING ACADEMIC FEES Sample Clauses

FINANCIAL AGREEMENT REGARDING ACADEMIC FEES. The NanoFar Consortium has decided to set the current registration fee for selected students to 600€ per month, that is 21 600€ for the duration of the PhD programme (36 months). This amount of the fee can be modificated by the Supervisory Board. This participation costs will be deducted from the Erasmus mundus grant by the coordinating institution. The coordinating institution will split the fees as following: - 1/6 of the costs to the coordinating institution in order to pay for the student participation to NanoFar schools (hotel and meals only) - 5/6 of the costs to the two institutions involved in the thesis work (divided pro rata the home and host institutions for the period of time that students spend at the institution), that will pay for: •tuitions fees •the laboratory facilities (consumables for research experimentation, small equipment…) •the mentoring •the local languages courses •the administrative formalities (registration, library…) csv: 130578777493816177919156 Home and host universities undertake to issue the Diploma of the PhD students that complete their studies there. Lump-sum The EDUCATION, AUDIOVISUAL AND CULTURE EXECUTIVE AGENCY (EACEA) will pay, for each NanoFar programme edition, 50,000 € lump-sump to the University of Angers as Consortium Coordinator. This budget is used for the NanoFar programme’s organisation and implementation. It is split between the NanoFar Consortium (partners only): Institution Amount per NanoFar edition Use of the funds UA 32 500 € Recruitement of the administrative coordinator Communication tools NanoFar school organisation UN 2500 € Contribution to administrative work NanoFar school organisation ULg 2500 € UCL 2500 € UNott 5 000 € USC 5 000 € Total 50 000 € Grants The EDUCATION, AUDIOVISUAL AND CULTURE EXECUTIVE AGENCY (EACEA) will pay each year the grants allocated to the NanoFar Consortium to the University of Angers as Consortium Coordinator. csv: 130578777493816177919156 The University of Angers will transfer the yearly Erasmus Mundus fixed living allowances amount to the institution which has established the employment contract (or a so-called “PhD Grant” in the case of UCL), regarding the number of PhD students. That institution will pay the Erasmus Mundus grant to the students. The payment will be done at the beggining of each month, directly on their european bank account. Programa ERASMUS MUNDUS. EMJD NanoFar- ref.520170-1-2011-1-FR-ERA MUNDUS-EMJD Acuerdo del Consorcio NanoFar- Doctorado Europeo...
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