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Erasmus+ Programme Guide

The essential guide to understanding Erasmus+

What is the budget?

The Programme has an overall indicative financial envelope of  more than 26 billion EUR 1 of the EU Budget for the seven years (2021-2027). The annual budget is adopted by the Budgetary Authority. 

Follow the different steps for the adoption of the EU budget.

For information about the available budget by action, please consult the 2025 Erasmus+ Annual Work Programme.

  1. Indicatively, the financial envelope of the Programme is set at €24.574 billion in current prices and an additional top-up of €1.7 billion in 2018 prices ↩ back