Grant Payment

Scholarship will the transferred to grantees personal European bank account (IBAN) on regular basis according to the internal administrative matters of the European Universities. 

• European TG1 grantees receive grant from their European Home University.
• Russian grantees (all target groups) receive the grant from their European Host University
• European TG2 grantees receive grant from Aurora II Coordinator, the University of Turku
 
Due to the banking practices, the grant can arrive on your bank account several days after the payment is made. Thus, please be prepared to finance the first weeks on your own. The University responsible for grant payment will notify you on grant paying schedule regarding the following monthly grants. If you have questions concerning the compulsory costs at your Host University during the first weeks (e.g. housing deposit, first rent), please contact your Host University in order to sort them out in the best possible way.

 

European TG2 grantees receiving grant from Aurora II Coordinator, the University of Turku

TG2 Grantees from EU Universities receive their Subsistence Allowance and Insurance from  Aurora II Coordinator University of Turku. 

Upon arrival at Host University 

 - Enroll at the Host University. Arrival certificate (Annex V) must be signed and sealed by the Host University. The Host University will send a copy to Turku.
Sign two copies of the Grant Award Agreement (GAA), available as Annex IV, together with the Host University's contact person. One copy will remain at the Host University, and grantees keep one copy for themselves for further reference. The Host University will send a scanned copy to Turku. When signing the GAA, grantees present the original application enclosures to the Host University's contact person, who examines and confirms the validity of the original enclosures.
Fill in the Form for Bank details (ARe-form), electronically and send it to the Coordinator by email (as .xls file). 
 
About bank account: The bank account has to be the grantee's personal one, not e.g. a relative's account. Please note that the grant payment unit at the University of Turku uses SEPA (Single Euro Payments Area) payments. In order for the payments to be made successfully your bank should be found on the European SEPA register. Please make sure the form is filled in correctly. Any missing or incorrect information will delay the grant payment. 

Payment of the grant 

The first installment of the grant will be paid to the grantee's bank account within a few weeks after the filled forms described above have been received by the University of Turku.
 
The following monthly grants are paid in the end of a month (e.g. the grant for November will arrive in the bank account in the end of October). Due to banking practices, the grant can arrive on the bank account several days after the payment is made.
 
Grantees must be prepared to finance the first weeks on their own.The amount of monthly Subsistence Allowance can be found in Annex II (Instructions for Grantees) page 1.
 
Questions concerning the compulsory costs at the Host University during the first weeks (e.g. housing deposit, first rent) should be directed to the Host University in order to sort them out in the best possible way. 
 

Insurance

European TG2 Grantees receive Insurance from Aurora II Coordinator, University of Turku. Once you have received the original acceptance or invitation letter from the Host University, contact Aurora II coordinator. The Coordinator will provide you an insurance certificate for the same period mentioned in the acceptance/invitation letter.

 

 

 

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