The Irish government has allocated €2m (£1.7m) to support Northern Ireland students participating in the Erasmus scheme.
The funds will be made available to students studying in higher education institutions in Northern Ireland.
Erasmus is an EU programme that helps students study in other countries.
The scheme has enabled thousands of NI students and staff to spend time abroad studying or on a work placement.
The UK turned down an offer to continue participating in Erasmus after Brexit and set up the alternative Turing scheme.
While most UK students now only have access to the Turing scheme, students in Northern Ireland can still participate in Erasmus thanks to an arrangement with the Irish government, meaning they are eligible to apply for both programmes.
For the 2022-23 academic year, Northern Ireland was awarded £2.6m by the Turing scheme.
The final year in which schools, colleges and universities in the UK could bid for funding from Erasmus was 2020, as the UK is not participating in the new Erasmus programme which runs from 2021-2027.
