Full tuition (participation fee), a monthly living allowance of €1,400 for up to 24 months, a €3,000/year travel allowance for students coming from more than 4,000 km away, and a €1,000 one-time installation allowance.
Open to students of any nationality applying to a Master's-level Erasmus Mundus Joint Master Degree programme; applicants from 'Partner Countries' (countries not associated to the Erasmus+ programme — India, for example) fall in the higher-benefit category for the stipend and travel allowance. Academic eligibility criteria are set by each joint programme's consortium.
Deadlines are set per individual joint-Master programme, not centrally — most fall between October and January for the following autumn intake. Check the specific programme's own page on the Erasmus+ catalogue.
Searching the web…
Live search didn't return anything useful for this one right now — use the search links below instead.