This one year project will be delivered by the Academic Cooperation Association (ACA) in collaboration with the Deutsches Studentenwerk (DSW). Its major output will be a study on national grant and loan systems for students, covering 31 European countries (EU-27 and EFTA-4). The study pursues two main objectives. First, it will explore if and under which exact conditions "state grants and loans" are portable, i.e. provide funding for study abroad (in Europe or beyond). Second, it will provide statistical data and information on the outbound mobility of students funded under these schemes, and it will identify the share of mobility funded by these schemes of total outgoing mobility, thus assessing the impact of the schemes in terms of their "relative quantitative importance". The study will cover both temporary and degree mobility. We shall collect the necessary data mainly by means of surveys and data requests (of ministries of education, state grant and loan authorities, the EU Commission, the UNESCO Institute of Statistics). An Advisory Board will support the project team. The study will be published in ACA’s well-known publication series, the ACA Papers on International Cooperation in Education. The core target groups of this project are state grant and loan authorities, and policy-makers at both the EU and national levels. Major dissemination and exploitation activities include a webinar and a large-scale distribution of the final publication in the project lifetime. Moreover, a policy seminar will be organised by ACA to mainstream the findings and sustain the impact of the project beyond the project period. It is envisaged that the project will offer new insights about the portability of state grants and loans in relation to actual mobility volumes in Europe, and subsequently impact on policy discussions and public discussions on the financing of student mobility through its comprehensive, yet targeted, dissemination and exploitation activities.