Depending on the citizenthip of the succesful applicant, there are two possible tuition fees:
3,500 €/semester (14,000 € for the whole program). This fee is applicable to students citizens of the member states of the European Union and nationals of the EEA-EFTA States (Iceland, Liechtenstein and Norway).
4,000 €/semester (16,000 € for the whole program). This fee is applicable to third-country students (citizens of countries other that the ones enlisted before).
Students will pay their tuition to the coordinating institution (University of Deusto) at the beginning of each academic year.
Scholarships
In this section ("Fees & Scholarships") you will find information dealing with the following scholarships:
Erasmus Mundus Scholarships. Category A & B (European Commission) +info
Excellence Scholarships (EMTTLF Consortium) +info
SYLFF Fellowships (Tokio Foundation) +info 
Erasmus Mobility Grants for the Second year of the Master (European Commission) +info 
Private Institutions Grants for Spanish Students (e.g. "Fundación Caja Madrid" & "Obra Social La Caixa") +info 
Spanish Government Grants and University Loans (Spanish Government) +info 
Other Financial Aid (Basque Government and other Scholarships) +info
Please, read carefully all the information dealing with sholarships, specially the document entitled "Additional financial aid information" available at "Other Scholarships" section. Applicants are encouraged to seek financial aid and scholarship funds from sources in their home countries. The EMTTLF secretariat will deliver all the necessary documentation you may need for applying to any financial aid or scholarship programme.
Note that, as for the first, second and third editions of the EMTTLF (2008/2010, 2009/2011 and 2010/2012) 97% the participant students have been awarded some kind of scholarship (from public or private institutions).