EP President Martin Schulz signs the Erasmus+ programme into law

EP President Martin Schulz signs the Erasmus+ programme into law

On 11 December, EP President Martin Schulz signed into the revamped version of the most popular European student programme Erasmus+.

With a budget of more than €14 billion for 2014-2020, nearly twice as much as its current funding, the new programe will give more than four million young Europeans the chance to study or train abroad. The new programme will kick off on 1st January 2014.

 

Erasmus+ will support 13-30 year old students, trainees, apprentices, volunteers, teaching staff or trainers to seek education, training or even organised sporting activities in other EU countries. The leaders of youth clubs and voluntary workers will also be eligible for Erasmus+ funding.

 

Erasmus+ will introduce the postgraduate European Student loan guarantee facility, which provides partial guarantees for postgraduate student loans.

 

The programme will bring together existing education and training programmes Comenius, Erasmus, Erasmus Mundus, Leonardo da Vinci and Grundtvig, maintaining their names. It will also include the Youth in Action programme and for the first time will cover sport.

 

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