The UK and EU reached an agreement to restore the Erasmus+ student exchange program beginning in 2027, fulfilling a government pledge and reversing a post‑Brexit break with broad implications for mobility and international recruitment. The UK government will contribute roughly £570 million to underpin participation and allow UK students to study or train in Europe under reciprocal fee arrangements. Universities and student groups welcomed the restoration, noting it will revive inward and outward mobility for undergraduates and vocational learners and ease pathways that had narrowed since Brexit. Institutions are now recalibrating exchange agreements and advising offices on implementing the new rules and timelines for placements and tuition parity.