The German presidency of the Council and the European Parliament’s negotiating team secured a provisional deal on the Erasmus+ programme for the period 2021-2027. The new programme will be much more inclusive than the current one and is expected to triple the number of participants, bringing them up to 12 million people. It will cover not only higher education, but all levels and types of education and training, which is reflected by the kept label “Erasmus+”. It will be provided with a substantial budget of EUR 24.57 billion in current prices plus EUR 1.7 billion in 2018 prices, which constitutes a significant increase compared to the amount for the current programme. 83% of the total budget will be allocated to activities in the field of education and training, 10,3% to actions in the area of youth and 1,9% to sport-related activities. 

For the three action areas – education and training, youth and sport, the main specific objectives of the Erasmus+ programme are the following: 

• promote learning mobility of individuals and groups in the field of education and training 
• promote non-formal and informal learning mobility and active participation among young people in the field of youth 
• promote learning mobility of sport staff 

The programme also aims to achieve cooperation, quality, inclusion, creativity and innovation at the level of organisations and policies in the field of education and training, youth and sport. Further to that, Erasmus+ will support teaching, learning, research and debates on European integration matters, including on the Union’s future challenges and opportunities through the so-called “Jean Monnet actions”. 

https://www.consilium.europa.eu/en/press/press-releases/2020/12/11/erasmus-2021-2027-council-reaches-a-provisional-agreement-with-the-european-parliament/