Erasmus Mundus REPLAY scholarship 2026. Europe. Fully funded. The REPLAY scholarship offers a Fully funded two year Master's programme in game design and interactive media, delivered by a consortium of top European institutions. Benefits : Full tuition fee waiver for the entire duration (2 years) Monthly stipend of € 1,400/ month for Upto 24 months ( covers living, travel, installation costs) Travel and mobility support.