The Minister of State for Universities and Science Mr. David Willets, who was responsible for raising tuition fees to £9,000 per year, has surprisingly announced a substantial discount on tuition fees for those students who spend two or more terms at an overseas university.
The UK ranks 25th in the world for the number of students studying abroad, this would perhaps indicate that students prefer to stay at home with fellow English speakers. However, facts reveal that the structure of most UK courses prevent all but language students from spending time abroad. Nevertheless, there are intensive courses available and some universities do offer programmes in English.
In an effort to encourage students to study abroad, Mr. Willets said that students will pay no more than 15% of the year's fees at their UK institution if they are staying for less than one full academic year.
As many as 3.7 million EU students take part each year in the Erasmus exchange programs, sadly less than 1% are British! If you are starting university this year, now is the time to take advantage of the funding on offer.
Although academic knowledge is essential in today's world, businesses look for people that can innovate, work under pressure and not be afraid to challenge and be challenged. An Erasmus exchange is the perfect way to develop these skills. Businesses also value graduates with language skills because they are seen to being more flexible and adaptable which will boost intercultural communication skills with clients in other countries.
The Erasmus experience will also improve your personal development, your confidence and your enjoyment of life. Living in another country will teach you great life skills too!
With summer holidays just around the corner, take the time to think of the positive benefits of doing an Erasmus exchange. For more information about the Erasmus programme please click here