PARLIAMENTARY WRITTEN QUESTION
Higher Education: EU Grants and Loans (15 November 2016)
Question Asked
Asked by:
Ian Murray (Labour)
Answer
The Government has confirmed that HM Treasury will underwrite the payment of Horizon 2020 awards, even when projects continue beyond the UK’s exit from the EU. HM Treasury has also guaranteed structural and investment fund projects signed before the UK leaves the EU, as long as they provide strong value for money and are in line with domestic strategic priorities.
Decisions on both funding for higher education institutions and access to Erasmus+ following the UK’s exit from the EU will be considered as part of wider discussions about the UK’s relationship with the EU.
Answered by:
Lord Johnson of Marylebone (Conservative)
18 November 2016
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