"The UK government has published a statement regarding the Turing scheme, a new programme to replace the UK’s participation in Erasmus+, which will provide funding for placements and exchanges starting in September 2021. The Turing scheme will support students to study and work abroad; youth and sport placements will not be a part of the scheme. The new scheme will be administered by the same partnership of British Council and Ecorys which has been delivering Erasmus+ in the UK for a number of years.
We expect more information about the scheme to be available shortly and when it is we will direct to it here. We appreciate your patience and look forward to providing further advice and support as soon as we can.
This does not affect the UK’s participation in the Erasmus+ and ESC programmes (2014-2020). Under the Withdrawal Agreement negotiated with the EU, the UK will continue to participate fully in the Erasmus+ and ESC programmes (2014-2020). This means that the projects successfully bid for during the 2014-2020 programmes will continue to receive EU funding for the full duration of the project, including those where funding runs beyond 2020 and the end of the transition period.
Participants who study, train, volunteer or spend time abroad through Erasmus+ and ESC exchanges that were successfully bid for during the Erasmus+ and ESC programmes (2014-2020) will be able to participate fully and for the full duration of their exchange. This covers UK participants going abroad, as well as international participants coming to the UK.
The government remains committed to international education exchanges, both with the EU and beyond.”
https://www.erasmusplus.org.uk/the-transition-period?md=yxz