The financial envelope for the implementation of the Programme as from 1 January 2014 is set at EUR 14 774 524 000 in current prices. The annual appropriations shall be authorised by the European Parliament and the Council within the limits of the multiannual financial framework.
The total budget earmarked for 2016 call for proposals is estimated at EUR 1 736,4 million:
|Education and training:
||EUR 1 645,6 million |
||EUR 186,7 million |
||EUR 11,4 million|
||EUR 27,4 million|
The level of grants awarded as well as the duration of projects vary depending on factors such as the type of project and the number of partners involved.