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Cuts threaten Erasmus

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Cuts threaten Erasmus

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The EU’s university exchange scheme Erasmus could be threatened by budget cuts in member states across the union. The much-loved scheme allows university undergraduates to spend up to a year studying for their degrees in foreign countries all over the world.

The European Commission has already asked for nearly 9 billion euros to finance Erasmus and other programmes in 2012 but more funding will be required next year.

Over the 25 years that Erasmus has been running, more than 3 millon students have received grants to spend between 3 and 12 months studying abroad.