Common use of Monthly Living Allowance Clause in Contracts

Monthly Living Allowance. A basic monthly amount of 1’000€/month during maximum 24 months shall be paid to the scholarship holder. Payments shall be performed in a systematic way in EUR, on a monthly basis to a European bank account whose account holder must be the scholarship holder. The payment of the living allowance will correspond to the effective time of stay, during which the scholarship holder undertakes his/her academic activities. The monthly allowance can only be paid as from the month of arrival of the student at the first host University (Y1) and after formal enrolment to the course. The payment will be stopped immediately in case of interruption of the course by the student. Should the absence be not excused in a satisfactory manner within 10 days, the student will be exmatriculated. If students decide to voluntarily join the programme at an earlier stage, then this period must not be considered as part of the EMJMD's course duration. This rule also applies to cases of late arrivals of students to the course. The regular scholarship payments to the student can be stopped if the student is expelled or released from the course, blocked from entry in the country of mobility by national authorities or leaves the course on own demand or by force majeure. The monthly living allowance is paid from the month of arrival of the student and is further transferred at the beginning of each month during a maximum duration of 24 months. For Partner country students who want to spend study time at a Partner Country, e.g. to do a master thesis or internship, only a maximum of 3 months will be covered by the monthly allowance. For all students, the monthly living allowance will not cover the periods when the student is in his/her country of residence.

Appears in 1 contract

Samples: emplant-master.eu

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Monthly Living Allowance. A basic monthly amount of 1’000€/month during maximum 24 months shall be paid to the scholarship holderholder by the Coordinator. Payments shall be performed in a systematic way in EUR, on a monthly basis EURO to a European bank account whose account holder must be the scholarship holder. The payment of the living allowance will correspond to the effective time of stay, during which the scholarship holder undertakes his/her academic activities. The monthly allowance can only be paid as from the month of arrival of the student at the first host University (Y1) and after formal enrolment to the course. The payment will be stopped immediately in case of interruption of the course by the student. Should the absence be not excused in a satisfactory manner within 10 days, the student will be exmatriculated. If students decide to voluntarily join the programme at an earlier stage, then this period must not be considered as part of the EMJMD's course duration. This rule also applies to cases of late arrivals of students to the course. The regular scholarship payments to the student can be stopped if the student is expelled or released from the course, blocked from entry in the country of mobility by national authorities authorities, or leaves the course on own demand or by force majeuredemand. The monthly living allowance is paid from the month of arrival of the student and is further transferred at the beginning of each month during a maximum duration of 24 months. For Partner country students who want to spend study time at a Partner Country, e.g. to do a master thesis or internship, only a maximum of 3 months will be covered by the monthly allowance. For all students, the monthly living allowance will not cover the periods when the student is in his/her country of residence.

Appears in 1 contract

Samples: Consortium Agreement

Monthly Living Allowance. A basic monthly amount of 1’000€/month during maximum 24 months shall be paid to the scholarship holder. Payments shall be performed in a systematic way in EUR, on a monthly basis EURO to a European bank account whose account holder must be the scholarship holder. The payment of the living allowance will correspond to the effective time of stay, during which the scholarship holder undertakes his/her academic activities. The monthly allowance can only be paid as from the month of arrival of the student at the first host University (Y1) and after formal enrolment to the course. The payment will be stopped immediately in case of interruption of the course by the student. Should the absence be not excused in a satisfactory manner within 10 days, the student will be exmatriculated. If students decide to voluntarily join the programme at an earlier stage, then this period must not be considered as part of the EMJMD's course duration. This rule also applies to cases of late arrivals of students to the course. The regular scholarship payments to the student can be stopped if the student is expelled or released from the course, blocked from entry in the country of mobility by national authorities authorities, or leaves the course on own demand or by force majeuredemand. The monthly living allowance is paid from the month of arrival of the student and is further transferred at the beginning of each month during a maximum duration of 24 months. For Partner country students who want to spend study time at a Partner Country, e.g. to do a master thesis or internship, only a maximum of 3 months will be covered by the monthly allowance. For all students, the monthly living allowance will not cover the periods when the student is in his/her country of residence.

Appears in 1 contract

Samples: Consortium Agreement

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Monthly Living Allowance. A basic monthly amount of 1’000€/month 1'000 € / month during maximum 24 months shall be paid to the scholarship holder. Payments shall be performed in a systematic way in EUR, on a monthly basis EURO to a European bank account (IBAN) whose account holder must be the scholarship holder. The payment of the living allowance will correspond to the effective time of stay, during which the scholarship holder undertakes his/her academic activities. The monthly allowance can only be paid as from the month of arrival of the student at the first host University (Y1OMU) and after formal enrolment to the course. The payment will be stopped immediately in case of interruption of the course by the student. Should the absence be not excused in a satisfactory manner within 10 days, the student will be exmatriculated. If students decide to voluntarily join the programme at an earlier stage, then this period must not be considered as part of the EMJMD's course duration. This rule also applies to cases of late arrivals of students to the course. The regular scholarship payments to the student can be stopped if the student is expelled or released from the course, blocked from entry in the country of mobility by national authorities authorities, or leaves the course on own demand or by force majeuredemand. The monthly living allowance is paid from the month of arrival of the student and is further transferred at the beginning of each month during a maximum duration of 24 months. For Partner country students who want to spend study time at a Partner Country, e.g. to do a master thesis or internship, only a maximum of 3 months will be covered by the monthly allowance. For all students, the monthly living allowance will not cover the periods when the student is in his/her country of residence.

Appears in 1 contract

Samples: Consortium Agreement

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