The total maximum financial amount of the fellowship is €305,100 in 3 maximum annual payments of €97,500 according to the following breakdown:
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Labor costs: €59,000 per year that the host organisation will devote to hiring the fellow according to the labour legislation in force in Spain and Portugal. The minimum annual gross salary to be offered to the fellow by the host institution must be €44,300.
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Research costs: €38,500 per year for expenses directly related to the development of the project such as consumables, equipment, personnel costs, registration to conferences, courses or research stays, intellectual property costs, etc.
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Annual family assistance: €1,200 (gross) for each dependent child.
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Mobility assistance: €5,400 for fellows who need to relocate to join the host institution at the beginning of the fellowship (needing to move to a city at a greater distance than 50km).