More than three million students have already benefited from the Erasmus programme, since it was launched in 1987. Last year a record number of 250,000 students took part in the programme to either do part of their studies or an internship abroad.
With the new Erasmus+ programme, sport initiatives such as those against doping, violence, discrimination and intolerance can also be funded. In addition students who want to embark on a Masters degree in another EU country can apply for a loan with favourable terms.
Parliament's culture and education committee still has to formally approve the outcome of the negotiations with the Council. After that all MEPs will have to vote on it during a plenary session.
REF. : 20130719STO17423
