UK YOUNGSTERS TO GAIN ACCESS TO €2.8bn FUNDING FROM EU

Judith Bunting, Liberal Democrat MEP for the South East of England, has welcomed the news that the European Parliament has this afternoon approved €2.8bn additional funding for the Erasmus+ programme, which provides financial and logistical support for EU students to live, train and study abroad.

Judith Bunting, the Liberal Democrat Spokesperson for Education, apprenticeship campaigner and a career educationalist said: “I’m absolutely delighted by this evening’s announcement. Better education opportunities for youngsters, like this, mean better employment opportunities. Better employment opportunities mean a skilled workforce that can provide the taxes necessary to boost out economy and pay for public services. It really is that simple.

“Aside from the clear economic argument, it is also important for our young people to have the chance to live, love and earn in other countries. Erasmus+ enables U.K. youngsters to do just that. It’s not just for university students, but for young apprentices and budding entrepreneurs.

“Let’s consider just how many more lives we can embolden with €2.8bn additional funding, then ask yourself, is Brexit really the best way forward?”

Erasmus+ gives young people the assistance and resources to study, volunteer and gain work experience abroad:

  • In 2016/2017 more than 16,500 British students studied abroad under the Erasmus+ scheme.
  • From 2014 to 2018, 4,846 Erasmus+ grants were awarded to UK organisations, worth around €680 million in total.
  • In 2019, €187 million is reserved specifically for UK organisations, up from €170 million in 2018.
  • The 2020 budget, approved today, will see €2.8bn funding distributed across the education, training, youth and sport areas of Erasmus+
  • Erasmus+ is the European Commission’s Programme for education, training, youth and sport. Funding results can be accessed here
  • Breakdown of Erasmus+ figures:
    • 2,538,161,453: Promoting excellence and cooperation in the European education and training area and its relevance to the labour market
    • 194,795,054: Promoting excellence and cooperation in the European youth area and the participation of young people in European
    • 64,998,000: Promoting excellence in teaching and research activities in European integration through the Jean Monnet Activities worldwide

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