Erasmus+ Programme: Finance
The question
To ask the Chancellor of the Exchequer, with reference to paragraph 4.10 of the OBR's report entitled Economic and fiscal outlook, published on 3 March 2026, whether funding has been allocated for the Erasmus+ programme beyond the 2027-28 financial year.
Answered by Lucy Rigby
As reported in the OBR’s Economic and Fiscal Outlook of March 2026, £0.6 billion has been allocated in 2027-28 to Erasmus+ programme in 2027 only.
Any participation in Erasmus+ into the next Multiannual Financial Framework will need to be agreed in the future and be subject to negotiation and a future Government spending decision.
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