No, this is not the case. Student exchange cannot be funded in Twinning projects. Please, take a look at the home pages of Erasmus+ programme (go to Useful links)
The European Neighbourhood Policy (ENP) was launched in 2003, with the objective of strengthening the prosperity, stability and security of all. It is based on the values of democracy, rule of law and respect of human rights and avoiding new dividing lines between the enlarged EU and its neighbours. The ENP was reviewed in 2011. Under the revised ENP, stabilisation of the region, in political, economic, and security related terms, has been at the heart of the policy. The revised ENP puts a strong emphasis on the principles of a differentiated approach to EU Neighbours, respecting their different aspirations and responding better to EU and its partners’ interests; and an increased ownership by partner countries and Member States.