What the funding covers
- €1,400 a month for the whole programme, for travel, visa, settling in and living costs.
- Scholarship holders skip the tuition payment step when they enrol in Bologna.
- Three degrees: Bologna's Greening Energy Market and Finance, LMU's Financial and Insurance Mathematics and Dauphine's Economics and Finance.
What you will still pay
| Cost | Who pays |
|---|---|
| Tuition and enrolment | Waived step for scholarship holders |
| Living costs | €1,400 a month for scholarship holders |
| English certificate | You |
Who can apply
- Applicants from every country, with no more than 10% of scholarships going to one nationality.
- A bachelor's degree in mathematics, physics, economics, statistics, information technology or engineering. Other subjects are not eligible.
- English at B2. Only nationals or graduates of the US, Canada, Australia, New Zealand, Ireland and the UK are exempt, so applicants from Ghana or Nigeria need a certificate; online tests are accepted.
- Final-year students can apply and be admitted on condition.
Which nationalities can apply
Every nationality can apply.
Documents you will need
- Passport
- ISCED classification template
- Degree and transcript, translated into English
- Proof of B2 English
- Europass CV
- GRE or GMAT (optional)
How to apply
- Register on the University of Bologna's Studenti Online and apply to one of the three tracks: Renewable Technologies, Environmental Finance, or Climate & Business.
- Upload your passport, the programme's ISCED classification template (Excel), your degree and transcript translated into English, proof of B2 English and a Europass CV. GRE or GMAT scores are optional.
- Submit by 7 January 2027 at 11:00 CET. Academic merit counts for 60 points, experience for 30 and GRE or GMAT for 10; 60 points makes you eligible and 80 earns an interview, which decides the scholarships.
- Results are published on 26 February 2027, and places and scholarships are accepted from 1 to 5 March 2027.
Before you apply: things to know
- Missing or half-uploaded documents at the deadline mean your application is not considered. Nothing is accepted by post or email.
- If you are invited to interview and do not attend, you lose any chance of a scholarship.
- Scholarship holders cannot hold another EU-funded scholarship for the same course.
Common questions
When is the GrEnFIn deadline?
7 January 2027 at 11:00 CET. Results come out on 26 February 2027.
Can engineers apply to GrEnFIn?
Yes. Engineering is one of the eligible bachelor's subjects, with mathematics, physics, economics, statistics and information technology.
How many GrEnFIn scholarships are there?
Up to 18 Erasmus Mundus scholarships of €1,400 a month for 2027–2028, among up to 51 places.
A working timeline
Counting back from the next deadline (Jan 7, 2027). Steps marked NOW are already due if you start today.
Oct 15, 2026 · NOWResearch the route in depth: confirm eligibility, costs and every required document
Oct 29, 2026 · NOWAsk your referees (for a PhD, email potential supervisors with a short, specific pitch)
Nov 12, 2026Write the first full draft of your motivation letter or statement of purpose
Nov 26, 2026Order transcripts and certified translations · book any language test
Dec 10, 2026Second draft: get feedback from someone who reads critically
Dec 24, 2026Finalise every document and complete the online form
Dec 31, 2026Submit, but never on the last day
Jan 7, 2027Deadline