It allows students to participate in placements around the world. The government has extended the scheme for another three years, with a budget of 110 m for 2022 23. It provides placements for British students in 159 destinations, including Canada, Japan, Australia and the United States. It is being hailed as cheaper than the EU's scheme, as it is wider-reaching than the placements on the Erasmus scheme.
The EU Erasmus program cost the UK around 160 million a year, which roughly amounts to 134 million, according to Top Universities. Alex Balfour, an independent financier, suggests that the figure paid to the EU scheme by the UK was higher. He tweeted: Turing Erasmus is a great metaphor for the future of the EU. It will be global and will educate twice as many British students.
INSIGHT UK told to back off as Sturgeon tries to get Erasmus REVEAL Wales to launch a new Erasmus-style scheme for students COMMENT The Scottish government claimed that Britain pulled out of the Erasmus Plus exchange programme because of Britain pulling out of the Erasmus Plus exchange programme. In May last year, Scottish First Minister Nicola Sturgeon said it was baffling and an act of cultural vandalism that the UK Government has not participated in the Erasmus programme, something it could have continued to do despite Brexit. She said that the decision by the UK Government to pursue a hard Brexit has resulted in renewed debate in Scotland about our constitutional future. The Scottish Government's position is that the people of Scotland have the right to decide whether they want to become an independent country. Maros Sefcovic crushed any hopes of Scotland rejoining Erasmus last month. During a behind-closed doors meeting with MEPs, European Commission vice-president Mr Sefcovic said the bloc would never allow Scotland to participate in the overseas study scheme. According to a leaked transcript, Slovakian Mr Sefcovic told members of the European Parliament's Brexit committee: There is no special treatment for Scotland in sight.