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It's open the 11th UniCredit Foundation Study-Abroad Exchange Programme. The competition offers 10 grants to undergraduate and master students to spend three to six months abroad to any university within the UniCredit perimeter.
To pursue the long-standing tradition of UniCredit and reflect its European dimension, UniCredit Foundation announces 10 (ten) grants aimed at all University students from UniCredit geography for study exchange programs abroad in any University within the UniCredit perimeter.
How to apply
Candidates may only apply online using the application available on the Foundation’s website at https://www.unicreditgroup.eu/it/unicreditfoundation.html. All the documentation accompanying the application must be submitted exclusively online in one file PDF format and must be written in English.
Closing date for presentation of the application
Candidates’ applications, complete with the accompanying documentation, must be delivered by Internet no later than November 15, 2021 following the procedure indicated in the aforementioned internet site. When this time limit is reached, the online application procedure will be disabled.
The Scientific Committee, appointed by the Foundation’s Board of Directors, is composed of members among academics experts from the main European countries in economics and finance. The Foundation’s Scientific Committee will be responsible for the selection procedure and will identify the winners of the grants.
Date of award of the grants
The grants will be awarded by 15 December 2021 by the Chairman of the Foundation on the basis of the final decision expressed by the Scientific Committee as provided for under art. 6.
Documentation to be presented after awarding of the grants
The recipients of the grants must send via e-mail the following documents (failure to do so may result in forfeiture of the grant), no later than 30 days of their being informed of being awarded the grants:
- a certificate of citizenship;
- a declaration of the host University stating its willingness to host the candidate
- a declaration indicating the starting and ending date of the study exchange program and the plan of study abroad for the selected period/university.
Requirements for receipt of the grants
The recipients must notify the Foundation of the country and university chosen for the exchange program and are obliged to follow the chosen plan of study in the country and university specified. Any departure from this must be authorized in advance by the Foundation based on valid and documented reasons.
The grant holders are obliged to report to the Foundation on the progress of their studies by the end of the first half of the exchange period and to send a final report at the end of the exchange program to illustrate comprehensively the studies performed.
Opportunity is About:
Candidates should be from:
Description of Ideal Candidate:
To be eligible for the competition, applicants must:
- be citizens of any nationality and enrolled at any University of the 13 countries where UniCredit is present and be wishing to spend a minimum 3 month to maximum 6-month period abroad at any University within the UniCredit perimeter
- be university students in the fields of economics, finance, banking, management engineering, law and economics, at least in their 2nd year of study (if undergraduates)
- indicate in the application form as host Universities only those universities, within the UniCredit perimeter, with an exchange agreement with their home university (maximum 3 universities can be indicated)
- have good knowledge of English
The grants are aimed to exchange periods abroad for a minimum 3 month to maximum 6 month period, starting from January 2022 and closing by March 2023.
Deadline: November 15, 2021
Cost/funding for participants:
Each grant awards € 700 gross per month for the scholarship plus a fixed amount of € 1,000 for any travel, visa or other expenses for a 3 to 6-month period of exchange starting from 2021.
Method of payment
The grant is paid in two installments: the first installment in advance, at the beginning of the exchange period; the second installment at the beginning of the second period of study abroad subject to Scientific Committee approval. In addition to the grant the Foundation will pay in advance the winner a fixed amount of € 1,000 for any travel, visa or other expenses. The Foundation reserves right not to pay installments not yet accrued in the event of interruption, even temporary, of attendance of the exchange program. In this event, the Foundation may also request the return of any installments paid in advance.
Possible cooperation with UniCredit Companies
UniCredit reserves the right to offer those awarded the grants employment or any form of cooperation with Group companies.