Foundation scholarships

125 postgraduate scholarships to study at universities or research institutions of the awardee's choice in the United States, Canada or Europe (excepting Spain).

The 2007 budget for this programme was €4.5 million.

Latest improvements:

• Increase in the number of scholarships (from 100 to 125).
• New subject areas (physics, chemistry, mathematics and music) to join the existing areas of social, legal, health and technical sciences.
• Higher monthly payments (from a minimum of €1,200 up to €1,500, depending on the country of destination).
• A new, one-off payment of €1,000 euros for settling-in expenses.
• Assured renewal for a second year if results so warrant.

Students were handed their scholarship credentials at a ceremony presided by His Royal Highness the Prince of Asturias.

A dedicated section (Nuevo Canal de Becas) has been opened on the Foundation website where users can find full information on the FCM Scholarship Programme.

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Research

• Collaboration with the National Cancer Research Centre (CNIO), running since 1998, for the conduct of clinical research in cancer.
• Cataloguing of one of the main collections in the Simancas General Archive: the “Registro General del Sello de Castilla”, in partnership with the Ministry of Culture and the University of Valladolid.
• Start-up of a collaboration with Fundación Severo Ochoa for the attachment of Spanish and international researchers with postgraduate studies and relevant experience to the National Molecular Biology Centre of the same name.
• In 2007, Fundación Caja Madrid took on the exclusive sponsorship of the archaeological excavation and restoration works at the tomb of Djehuty in Luxor (Egypt), in collaboration with the Spanish Council for Scientific Research (CSIC).

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Joint scholarships

These are scholarships schemes run in collaboration with eminent institutions like the Spanish Academy in Rome, Fundación Josep Carreras, Colegios del Mundo Unido or Centro de Estudios Monetarios y Financieros Internacionales (CEMFI).

Universities

• Collaboration with public universities in the Madrid Region
• Erasmus – Fundación Caja Madrid scholarships. With a total budget of €2.2 million divided into packages of 500 euros/month (4,400 monthly payments), this scheme, now into its third year, benefited 549 students from Madrid's six public universities. Stays at the European universities chosen by students averaged around 8 months.

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