Would you like to study in Europe on a fully funded scholarship? Applications are now open for the Erasmus Mundus M3EP scholarship . This is a fully funded , two-year Master's program , financed by the European Union. Five universities from the 4EU+ countries offer the Erasmus Mundus M3EP program. Applications are free and open to applicants worldwide. EMJMD M3EP is a joint Erasmus Mundus Master's program in European Environmental Economics and Policy . You will complete your studies at universities within the European University Alliance (4EU+) , located in the Czech Republic, Denmark, Germany, Italy, and Poland. For more details, please see below.

Details about the Erasmus Mundus M3EP scholarship

• Host countries : Czech Republic, Denmark, Germany, Italy, and Poland
• Duration : Two years (4 academic semesters)
• Program Name : Erasmus Mundus, Environmental Economics and European Policy
• Degree : Master's
• Funded by: The European Union
• Delivery date:
  • January 15, 2026 (for non-Europeans)
  • March 1, 2026 (for Europeans)

M3EP program goal

The two-year Master's program in European Environmental Economics and Policy (M3EP) is qualified to tackle the critical challenge of the EU and its Member States' green transition in the 21st century.

You will learn about environmental economics and environmental policy, enabling you to effectively design, implement and analyze solutions to the complex environmental challenges facing European and global societies.

Financial advantages

The scholarship covers the following:

• monthly salary
• Participation fees are covered
• tuition fees
• Travel costs
• Accommodation costs
• Visa fees
• Other living expenses

Universities participating in the Erasmus Mundus M3EP program

These universities are part of 4EU+ (European University Alliance).

• Charles University : Czech Republic
• Heidelberg University : Germany
• University of Copenhagen : Denmark
• University of Milan : Italy
• University of Warsaw , Poland

Erasmus M3EP Program Structure

The scholarship lasts for two years (4 semesters):

• First year : University of Copenhagen, Denmark
• Second year : Specialization from:
  • Heidelberg University, Germany
  • University of Milan, Italy
  • Charles University, Prague
  • University of Warsaw, Poland

Eligibility criteria

• The scholarship is open to applicants from all over the world.
• Final year students can also apply.
• Meeting the English language requirements (IELTS, TOEFL, CAE, CPE).

Grade awarded

Graduates of the Master of Higher Education (M3EP) program receive two national degrees, one from each participating university, completing 60 ECTS credits. These degrees are recognized in all participating countries. See the specific degree awarded by each university .

Job opportunities for M3EP program graduates

M3EP program graduates are ready to work in the following fields:

• Businesses: Sustainable business practices, the circular economy, the green transition, and innovative startups.
• Public sector: Developing, analyzing, and implementing environmental policies.
• Academic field: Research in the field of sustainability, green transition and related fields.
• Further education: PhD programs in environmental economics and related fields.

Required documents

• Texts
• Self-assessment
• Course descriptions from your self-assessment
• Curriculum Vitae (CV). Create it in Europass CV format.
• Your cumulative GPA
• Proof of English language proficiency
• Copy or scan of passport/national ID
• Motivational letter (only if you have applied for an Erasmus Mundus scholarship)
• Proof of your current country of residence
• Official certificate.

Also check out:  University of Rochester Summer Program 2026 USA (Fully Funded)

How to apply for the Erasmus Mundus M3EP 2026 scholarship?

The application process is available online. Please upload all required documents and the application form promptly before the deadline. The official website link is below. For more information about scholarships in Europe, please visit the Scholarships in Europe section .