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What is the budget?

The Programme has an overall indicative financial envelope of  more than 26 billion EUR1 of the EU Budget for the seven years (2021-2027). The annual budget is adopted by the Budgetary Authority. The different steps for the adoption of the EU budget can be followed at:

For information about the available budget by action, please consult the 2021 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