The Erasmus Mundus M3EP Scholarship 2026 offers international students a fully funded opportunity to pursue a Master’s in European Environmental Economics and Policy across top European universities. This prestigious Erasmus Mundus Joint Master’s program focuses on the EU’s green transition, equipping graduates with skills in environmental economics and policy. Applications for the 2026 intake open soon, with deadlines of January 15, 2026, for non-EU/EEA students and March 1, 2026, for EU/EEA applicants.

Basic Information
The M3EP stands for European Environmental Economics and Policy, a two-year Erasmus Mundus Joint Master’s degree emphasizing sustainable development and green policies. Funded by the European Union, it targets global challenges like climate change through interdisciplinary training. No application fee applies, and scholarships cover major costs for selected students worldwide.
- Duration: 2 years (120 ECTS credits)
- Start Date: September 2026
- Application Deadlines: January 15, 2026 (23:59 CET) for non-EU/EEA/Switzerland citizens; March 1, 2026 (23:59 CET) for EU/EEA/Switzerland citizens
- Level: Master’s (double degree from partner universities)
- Language: English
University Details
The program partners with five elite universities in the 4EU+ Alliance, starting at the University of Copenhagen (Denmark) for year one. Students then specialize in year two at one of four host institutions, fostering mobility across Europe. These universities rank highly in environmental sciences and policy.
Partner Institutions:
- University of Copenhagen (Denmark) – Core foundational year
- Heidelberg University (Germany) – Hosts Advanced Environmental Economics and Comparative Environmental Policy tracks
- University of Milan (Italy) – Focuses on Climate Change and Energy Economics
- Charles University (Czech Republic) – Covers Policies and Politics of Green Transition
- University of Warsaw (Poland) – Specializes in Economics of Green and Just Transition
Study Areas
M3EP integrates economics, policy, and politics to address Europe’s green transition, including climate action and sustainable resource management. Core modules build transdisciplinary skills, with year-two specializations deepening expertise.
Available Programs/Specializations:
- Advanced Environmental Economics (Heidelberg University)
- Comparative Environmental Policy (Heidelberg University)
- Climate Change and Energy Economics (University of Milan)
- Policies and Politics of Green Transition (Charles University)
- Economics of Green and Just Transition (University of Warsaw)
Erasmus Mundus M3EP Scholarship Benefits
Erasmus Mundus scholarships for M3EP 2026 provide comprehensive financial support, making study in Europe accessible for top applicants. Awardees receive aid for tuition, living, and travel, prioritizing non-EU students.
Key Benefits (in EUR, approx. USD equivalent):
- Full tuition/participation fee waiver (up to €9,000/year)
- Monthly stipend of €1,400 for 24 months (€33,600 total, ~$36,000 USD)
- Travel allowance (up to €3,000/year, ~$3,300 USD)
- Installation costs (€1,000 one-time, ~$1,100 USD)
- Comprehensive health insurance
Benefits Not Included
While generous, the scholarship excludes certain personal expenses to encourage budgeting.
Not Covered:
- Visa fees
- Personal travel beyond allocated amounts
- Accommodation deposits or utilities beyond stipend
- Books, software, or extracurricular activities
- Family relocation or dependent support
Eligibility Criteria for Erasmus Mundus M3EP Scholarship
Open to all nationalities, M3EP prioritizes candidates with strong academic backgrounds in relevant fields. Applicants must demonstrate English proficiency and motivation for green policy.
- Eligible to apply if you have completed or are in the final semester of a relevant Bachelor’s degree.
- Automatically accepted degrees include specific economics, political science, environmental science, and social science degrees from:
- University of Copenhagen
- University of Heidelberg
- University of Milan
- Charles University
- University of Warsaw
- Other Bachelor’s degrees:
- Must submit extra documents for individual assessment.
- Must include 60 ECTS in economics and/or political science.
- Equivalent qualifications may also be accepted.
- Course restrictions:
- Only courses completed before finishing your Bachelor’s can be counted.
- Up to 30 ECTS from external/single-subject courses may be included.
- No supplementary courses after Bachelor’s are allowed (per Danish law).
English Language Requirements
A. Full degree completed in English
From: Australia, Canada, Ireland, NZ, UK, USA
(minimum 2 years of study; exchange semester not enough)
B. English Language Test
Accepted tests & minimum scores:
- IELTS Academic: 6.5 (overall)
- TOEFL iBT: 83
- Cambridge CAE/CPE: Passed (C1 or C2)
- Test must be valid at application deadline.
- Not accepted:
- Medium of instruction letters
- Passport
- Unlisted tests
Selection (if applicants exceed available places)
- Priority based on:
- Total ECTS in relevant courses
- Grades in relevant courses
- Relevant courses include: micro/macro economics, econometrics, statistics, math, public economics, environmental/resource economics, public policy, public administration, international politics, comparative politics, international relations.
Required Documents
Prepare scanned copies in English or with certified translations. Submit via the program’s online portal.
- Transcript + diploma
- CV
- Self-assessment + course descriptions
- GPA
- English proficiency proof
- Passport/ID
- Proof of residence
- Motivation letter only if applying for EM scholarship
Application Process for Erasmus Mundus M3EP Scholarship
Apply directly through the M3EP consortium portal (links on partner sites like University of Copenhagen). Selection involves academic merit (50%), motivation (30%), and recommendations (20%).
- Research specializations and confirm eligibility on official sites.
- Apply through the Application Portal only.
- No application fee for Erasmus Mundus programmes.
- You can apply to max 3 UCPH Master’s programmes.
- Gather documents and draft motivation letter by early December 2025.
- Create account on application portal (opens October/November 2025).
- Submit full application before deadline (Jan 15 or Mar 1, 2026).
- Await results (March-May 2026); accepted students handle visas.
- Accept offer and prepare for mobility (UCPH starts visa process).
Tips for Success
Craft a standout application by aligning your profile with EU green goals.
- Tailor motivation letter to a specific specialization, linking your background to green transition challenges.
- Highlight quantitative skills (e.g., econometrics) and policy experience.
- Secure recommenders who know your environmental work.
- Proofread documents; use tools like Grammarly.
- Apply to up to three Erasmus Mundus programs for better odds.
- Network via 4EU+ events or webinars
Monthly Living Expenses
Costs vary by city; budget $1,000-1,500 USD/month beyond stipend for comfort. Denmark and Germany are pricier.
| City/Country | Rent (USD) | Food (USD) | Transport (USD) | Total Est. (USD) |
|---|---|---|---|---|
| Copenhagen, DK | 800-1,200 | 300-400 | 80 | 1,400-1,800 |
| Heidelberg, DE | 600-900 | 250-350 | 60 | 1,000-1,400 |
| Milan, IT | 700-1,000 | 250-350 | 50 | 1,100-1,500 |
| Prague, CZ | 500-700 | 200-300 | 30 | 800-1,200 |
| Warsaw, PL | 400-600 | 200-300 | 30 | 700-1,000 |
Why Choose This Scholarship?
- Elite Mobility: Study across five top-ranked universities, earning a double degree valued globally.
- Fully Funded: Covers €33,600+ in stipends, eliminating debt for green careers.
- Career Boost: 90% graduates enter EU policy, NGOs, or firms tackling climate issues.
- Real-World Focus: Partners with stakeholders for internships in green transition projects.
- Cultural Immersion: Live in Denmark, Germany, Italy, Czechia, or Poland, building EU networks.
- Timely Relevance: Aligns with EU Green Deal, offering skills for high-demand jobs (~$60,000 USD starting).
Frequently Asked Questions
Can Bangladeshi students apply?
Yes, non-EU students like those from Bangladesh qualify; up to three EMJMs per intake.
Is GRE required?
No, but strong academics suffice.
What if I miss the deadline?
Self-funded spots may open post-scholarship round; check portals.
Does it cover families?
No, individual only.
Success rate?
~20 scholarships/year from 40-50 admits; competitive.
Post-study work?
EU Blue Card eligible; Denmark offers 2-year job search visa.
Deadline:
- The last date to apply for the Erasmus Mundus M3EP Scholarship 2026 in Europe is 15 January 2026 for non-EU students.
- Applications for students from EU, EEA and Switzerland will open from 16 January 2026.

