Like many countries in Europe, Hungary is faced with a situation where young researchers leave the country for better prospects elsewhere. A €1.2 million scholarship fund, supported with a €1 million grant from Iceland, Liechtenstein and Norway, has been set up to keep Hungary’s scientists in the country – or encourage them to come back.
Researchers under the age of 40 with international experience were eligible for an up to 2-year scholarships. Scientists receiving grants need to carry out their research at a Hungarian higher education institute. The financial support amounts to a maximum of €18,000 a year, comprised of a monthly grant of HUF 302,500 and an annual research grant of HUF 948,750.
The scholarships from Iceland, Liechtenstein and Norway are being channeled through an already existing Hungarian fund, the Fellowship, which has been regranting to young Hungarian researchers over the last twelve years.