A European success story
Erasmus became part of the EU’s Lifelong Learning Programme in 2007, covering new areas such as student placements in enterprises (transferred from the Leonardo da Vinci Programme), university staff training and teaching for business staff.
Erasmus is the perfect example of a European success story: close to 3 million students have participated since it started in 1987, as well as over 300 000 higher education teachers and other staff since 1997 (this type of exchange was also expanded further in 2007). The annual budget is in excess of 450 million euro; more than 4 000 higher education institutions in 33 countries participate, and more are willing to join.
The added value of an Erasmus experience
Many studies show that a period spent abroad not only enriches students’ lives in the academic and professional fields, but can also improve language learning, intercultural skills, self-reliance and self-awareness. Their experiences give students a better sense of what it means to be a European citizen. In addition, many employers highly value such a period abroad, which increases the students’ employability and job prospects. Staff exchanges have similar beneficial effects, both for the people participating and for the home and host institutions.