UK signs deal to rejoin EU's Erasmus exchange scheme
UK signs deal to rejoin EU's Erasmus exchange scheme
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UK signs deal to rejoin EU's Erasmus exchange scheme
Britain will rejoin the popular Europe-wide student exchange program six years after leaving it.
The United Kingdom and the European Union have finalized an agreement allowing Britain to take part in the bloc's Erasmus+ student exchange scheme.
More than 100,000 people are expected to benefit when they become eligible on January 1, 2027, the British government said in a statement on Wednesday.
The agreement is currently only for one year, and Britain will contribute 570 million pounds (€655 million, $774 million) towards the scheme's costs in 2027.