Question to the Department for Education:
To ask His Majesty's Government what estimate they have made of the cost of Erasmus+ in each year between 2027 and 2032.
Negotiations with the European Commission on the UK’s association to Erasmus+ in 2027 have now concluded. We have secured significantly improved financial terms compared to default arrangements, ensuring a fairer balance between the UK’s contribution to the EU and the number of UK participants who receive funding. We negotiated a 30% discount, securing participation for 2027 at a cost of approximately £570 million, saving UK taxpayers around £240 million while securing the benefits of participation for young people in the UK and across the EU.
This commitment covers the 2027/28 academic year. Any participation in Erasmus+ into the next Multiannual Financial Framework from 2028-34 will need to be agreed in the future and be based on a fair and balanced contribution.