The Brussels-based think tank, Academic Cooperation Association (ACA), has recently concluded a new study on the potential contribution of portable grants and loans to student mobility (STiME: State Grants and Loans as a Means to Increase Outgoing Mobility). "Money matters in mobility for sure, given the additional costs for travelling, accommodation, and sometimes tuition fees abroad. The availability of money, however, does not necessarily translate into increased mobility," writes ACA about the new study.