Question to the Department for Education:
To ask the Secretary of State for Education, whether the EU's calculation of the net cost of the UK's contribution to Erasmus+ is based on (a) the UK's economic output or (b) the number of UK students predicted to utilise the scheme.
The UK’s financial contribution to Erasmus+ was calculated under the formula set out in the Trade and Cooperation Agreement, with GDP as the primary determinant. Through negotiations, the UK secured a 30% discount.