In order to improve student standards and improve the quality of life of students in Montenegro, on 28 July 28 2022, the Parliament of Montenegro passed the Law on Amendments to the Law on Higher Education. Namely, with this Law, for the first time, the country has will see a significant increase in the amount of student loans and student scholarships.

The new measure prescribes that:

• the student loan cannot be lower than 25% of the minimum wage in Montenegro,
• the amount of scholarships for the best students cannot be lower than 50% of the minimum wage.

This means that the minimum amount of the student loan will be 112.50 euros per month instead of the previous 37 euros, while the monthly scholarship amount for the best students will be 225 euros per month instead of the previous 86 euros.

Appreciating the global economic crisis, as well as the increase in the price of the minimum consumer basket and the recently adopted increase of the minimum wage to 450 euros in Montenegro, amendments to the Law on professional training of persons with acquired higher education were adopted. This has increased the monthly compensation for the students enrolled in the Program. Thus, instead of the previous compensation levels, during the professional training the student has the right to a monthly compensation in the net amount of 450 euros.

The implementation of the tenth cycle of the Professional Training Program for persons with higher education is underway, within which, in 2022, a total of 2,723 beneficiaries were given the opportunity to receive vocational training at the desired employer.

Source: Eurydice Unit Montenegro