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: http://ec.europa.eu/budget/explained/management/deciding/deciding_detail/decide_detail_en.cfm.
For information about the available budget by action, please consult the 2021 Erasmus+ Annual Work Programme: (https://ec.europa.eu/programmes/erasmus-plus/resources/documents/annual-work-programmes_en).
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