The EU made available €5,000,000 for this purpose.
The support will build on the previous successful SHARE programme, which ran since 2015.
"This two-year extension is testament to the EU’s steadfast support towards ASEAN’s community building efforts, particularly in enhancing the quality, regional competitiveness and internationalisation of higher education in the region," said the ASEAN Secretary General in a press release on Tuesday.
The new phase will support 300 students for one semester intra-ASEAN physical mobility before of 2022.
The SHARE programme will also support the harmonisation ASEAN higher education institutions and the formulation of ASEAN higher education frameworks.
In doing so, ASEAN and EU will share experience, including the EU’s Erasmus scheme.
"As Strategic Partners, the EU and ASEAN put human development, in particular education, at the heart of our partnerships. Education mobility is part and parcel of the EU’s DNA. Beyond the support for 300 intra-ASEAN scholarships, the SHARE programme will help to create a sustainable ASEAN Higher Education Space, drawing lessons from the European experience of the Erasmus programme and the Bologna Process” said the EU Ambassador.
The SHARE Programme is the EU’s flagship initiative on higher education, supported by a consortium comprising of the British Council, the DAAD, ENQA, and Nuffic.
The consortium will bring in their expertise and experience under the SHARE programme extension, to support the establishment of an ASEAN Higher Education Space towards greater harmonisation of ASEAN higher education to support regional student mobility across the region.