Cross posted from https://lemmy.zip/post/62643507

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.