Corporate Master Programme
Frequently Asked Questions - Financial matters
How do I register for the CMP and what are the tuition fees?
To take part in the Corporate Master Programme, you will be required to stay registered as an MSc student. This will maintain your access to DUO facilities (such as the student travel product and student loan) and student insurance. Also, some companies involved in the Corporate Master Programme require you to still be enrolled. You will continue to pay tuition fees for the equivalent of a six-month period (the duration of the CMP). Because enrolment starts as of 1 September, the University of Groningen will charge tuition for one full year. If you complete your MSc degree and the CMP by February and deregister at that point, the University will reimburse you for the remaining months.
For non-EEA students, different rules apply regarding tuition fees. Non-EEA students who have been selected will be guided through the administrative and financial procedures by the CMP team.
Are there scholarship possibilities? What sources of funding are recommended?
All Dutch/EEA  students might still have access to regular student loans and a student travel product from DUO. Please check with DUO about your specific situation. Additional resources may be offered by participating organisations depending on their policy and possibilities. Students doing their CMP project at an organisation abroad can apply for scholarships (e.g. Erasmus, Marco Polo). You could also check www.beursopener.nl for other possible options.
What kind of financial support is available?
FEB has advised the participating organisations to pay students a financial remuneration of EUR 500 a month. However, organisations may make their own decision on this, depending on their own rules and regulations. Students may still be eligible for student loans and a student travel product from DUO. Please check with DUO about your specific situation. Students who do their CMP project at an organisation abroad can also apply for scholarships (e.g. Erasmus, Marco Polo).
Do I get paid by the company? How much?
If and how much you get paid by the company for your contribution is a matter that you and the company should address together. FEB has advised participating organisations to pay students a financial remuneration of EUR 500 a month. However, organisations may make their own decision on this, depending on their own rules and regulations.
Is there extra funding available? Reimbursement for travel costs, housing, etc?
You can discuss further compensation with the organisation where you do the CMP programme. Depending on their policy and options, they might offer some reimbursement for travel and housing, etc.
Can I receive EU funding for this programme?
In general there is no funding for internships or programmes in the country where the university is located. Funding is only available for internships abroad. There are different programmes for internships within and outside Europe. If your placement is outside the Netherlands, you could try the Groningen University Fund, Erasmus+ Programme, Marco Polo or check www.beursopener.nl for fund application options.
What happens to my student finance?
You are entitled to a DUO loan for a total of seven years when studying at a university in the Netherlands. Whether you are still eligible during your CMP period therefore depends on your specific situation. Please check with DUO to find out more .
Do I receive additional student finance if I take part in the programme?
The CMP is not a reason for DUO to provide additional student finance. However, you may still be able to take out a loan with DUO. Please check with DUO to find out about your specific situation .
 The following are EEA (European Economic Area) countries: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Republic of Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom. Swiss nationals have the same rights as EEA nationals.
|Last modified:||07 January 2016 3.31 p.m.|