
For the next long-term EU budget 2021-2027, the European Commission is proposing to double funding for Erasmus to €30 billion.
The Erasmus programme already enables millions of young Europeans to study, train or learn abroad while broadening their experience and awareness of Europe, and increasing their future chances on the job market. With doubled funding, this programme will be even more effective in supporting key political objectives such as building a European Education Area by 2025, empowering young people and promoting a European identity through youth, education and culture policies.
The Commission is proposing to increase the Erasmus budget to €30 billion from 2021-2027 with €25,9 billion for education and training, €3,1 billion for youth and €550 million for sport.
The aim of the Commission's proposal is to:
- Increase the number of beneficiaries: Doubling the programme's budget will make it possible to support up to 12 million people between 2021-2027 - three times as many as in the current financing period. Beneficiaries include school pupils, higher education students, trainees, teachers, trainers, youth workers, sports coaches, and also learners in vocational education and training and adult learning staff, including those participating in ErasmusPro.
- Reach out to people from all social backgrounds: Through new formats and easier access for smaller and grassroots organisations, the new programme will make it easier for people from disadvantaged backgrounds to participate.
- Build stronger relations with the rest of the world: Mobility and cooperation with third countries will also be boosted, through a combination of physical and virtual mobility.
- Focus on promoting forward-looking study fields: The strengthened programme will give more attention to study fields such as renewable energy, climate change, environmental engineering, artificial intelligence or design.
- Promote a European identity with a travel experience: The new DiscoverEU initiative will give young people opportunities to discover Europe's cultural heritage and diversity.
