- Cost to study
- Education loan eligibility
- Expenses covered
- Secured education loan
- Unsecured education loan
- Choosing the best lender
- Documents required
- How to get an education loan?
- Reasons to study in France
- Frequently asked questions
- You must be a minimum of 18 years and an Indian citizen.
- You must have applied to a recognized French university for a full-time program.
- You should have an excellent past academic record.
- Strong career prospects for unsecured loans, and collateral for secured loans.
- Tuition fees
- Travel expenses
- Caution deposit money
- Accommodation expenditures
- Purchase of books, laptop, and stationery
- Study tours and project work during the academic year
- Other reasonable expenses that would be required to complete the course successfully
- Letter of admission from the University
- Loan application form filled out in full
- Documents on the cost of studies
- Identification proof
- Residence proof
- PAN details of the candidate
- Guarantor/ co-borrower/ student's bank statements
- Guarantor/ co-borrower/ student's statement of assets
- Guarantor/ co-borrower/ student's proof of income
- Check your eligibility on GyanDhan's platform.
- Connect with a dedicated loan expert for personalized assistance and lender recommendations.
- Receive a customized document checklist for easy organization.
- Submit the required documents as per the lender's guidelines.
- Await verification (usually 7 to 15 days). Once approved, sign the agreement and monitor progress on GyanDhan's user dashboard.
- Initiate loan disbursement following the lender's procedures, with funds directly deposited into your account or disbursed to the university by international lenders.
- You don't have to worry about language barriers in France. Schools like the Paris School of Business and others teach international students entirely in English.
- In the Global University Employability Ranking 2022, 18 French universities, including renowned business schools like HEC Paris and ESSEC Business School, hold prominent positions on the list.
- There are various scholarships available that you can apply when planning to study in France as the government here promote higher education by giving out scholarships.
- International students with valid student visas are allowed to work up to 964 hours per year while studying in France. This opportunity enables students to take on part-time jobs on or off-campus, providing them with a means to supplement their financial resources.
- Achieve excellent academic performance and grades.
- Gain acceptance into prestigious universities and educational institutions in France.
- Present a robust financial profile.
- Exhibit stable employment prospects after completing your studies.
Updated on: 05 Sep 2023
8 min read
Currently more than 6,000 of them coming from India. The French government aims to welcome 20,000 Indian students to the country by 2025. This can be an excellent opportunity if used wisely, as France offers new endeavors like learning a second language, exploring research in new areas, and more. Studying abroad can be financially challenging, and to make your learning experience stress-free, an education loan can be useful. In this blog, we will discuss the education loan options available for France.
Currently more than 6,000 of them coming from India. The French government aims to welcome 20,000 Indian students to the country by 2025. This can be an excellent opportunity if used wisely, as France offers new endeavors like learning a second language, exploring research in new areas, and more. Studying abroad can be financially challenging, and to make your learning experience stress-free, an education loan can be useful. In this blog, we will discuss the education loan options available for France.
Table of Content Studying in France is considerably cheaper than usual study abroad destination choices, such as the USA, UK, or Canada. This is because the government provides subsidies to public universities, which results in lower tuition fees. Even private universities in France have lower tuition fees when compared to countries like the USA, UK, Canada, and Australia. Due to this cost advantage, France has been rising in popularity as a new study-abroad destination. The tuition fee for the Bachelor's program is around EUR 2,770 per annum, and for the Master's program, it is EUR 3,770 per annum. Additionally, French universities charge a small annual admin fee for international students. The cost of living in France can vary from city to city, but on average, the cost of living in France is considered to be around EUR 1,100 per month. To successfully get admitted to a French university and obtain an education loan for studying in France, you would need to fulfill the below-mentioned eligibility criteria: The different expenses which are covered under the education loan for France are - A secured education loan for France is a type of education loan in which you would be required to pledge collateral/security. Thus, this is also called an education loan with collateral. Collateral can include property (such as a house or land), fixed deposits (FDs), or insurance policies. This type of loan typically offers several benefits, including lower interest rates, extended repayment periods, and the potential for higher loan amounts to be approved. Public sector banks are preferred due to their large loan amounts, lower interest rates, and other benefits over private banks and NBFCs. Below is a table that showcases different lenders and their offerings in terms of secured education loans. Lender Name Maximum Loan Amount (in INR) Rate of Interest Margin Money Up to 1.5 Cr 10.65% (for girls) 10% Up to 1 Cr 10.5% - 10.85% 10% (listed university) (non-listed university) As the name suggests, an unsecured education loan for France does not require you to pledge collateral and thus it is also called an education loan without collateral. Being an education loan this is not asking you to put in a security, the interest rate can be a bit high as compared to public sector banks. Three types of lenders can provide you with education loans for France. They are private banks, NBFCs, and international lenders. Let's look at the particular lender offering in the table given below - Lender Name Maximum Loan Amount Rate of Interest Margin Money Up to 50 Lakhs INR 11% - 13.50% 5% Up to 50 Lakhs INR 10.85% - 12.50% 0 - 15% Up to 35 Lakhs INR 11.75% - 13.25% Nil Up to 20 Lakhs INR (Only STEM Courses) 12% - 13% Nil Up to 20 Lakhs INR (Only STEM Courses) 12.75% - 13.25% Nil Up to 100,000 USD 12% - 14% Nil We understand that having more choices can make it complicated to choose the right lender. However, don't worry! We have prepared a list of factors that can assist you in comparing lenders and finding the one that aligns best with your needs. These factors will help you evaluate and choose the perfect lender for yourself: Now that you know how to choose the best lender, it is essential to understand the documents required to complete your loan application process seamlessly. The documents requirements for getting an education loan to study in France are shown in the list below: Acquiring an education loan for France is a straightforward process. However, dealing with multiple lenders individually can be overwhelming. To simplify this, GyanDhan offers streamlined assistance in obtaining education loans for France through the following steps: Although, if you've reached this far in the blog, there's no need to convince you to study in France and explain why it's a good study abroad destination. However, below are some reasons why you should consider studying in France - From everything that has been discussed above, it is evident that in the coming years, France will be one of the top study abroad destinations for Indian students. The country provides unique advantages such as learning a second language and exploring areas of study that are not well established in other places like fashion, film-making, and more. GyanDhan, the education financing expert, can make your journey seamless. Check your loan eligibility with GyanDhan to find the best lender and receive a customized document checklist. We will help you in the entire process free of cost. Embrace an extraordinary educational adventure in France, supported by GyanDhan's expertise. Don't miss the chance to make your dreams of studying in France a reality! Read also:
France is not expensive when compared to other European countries. Their public universities have very low tuition fees and the majority of city excluding Paris has a low cost of living as well. If you are looking for an unsecured education loan then you can get an amount up to 50 Lakhs to study in France. Here are several strategies to enhance your eligibility for securing an education loan for France: International students with valid student visas are allowed to work up to 964 hours per year while studying in France.
Cost of studying in France
Education loan eligibility for France
Expenses covered by an education loan for France
Secured education loan for France
11.50% (for boys)
15%Unsecured education loan for France
Choosing the best lender
Documents required for education loan for France
How to get education loan for France?
Reasons why you should study in France
Frequently asked questions
Is France an expensive country to study in?
What is the highest amount available for an unsecured education loan to pursue studies in France?
How I can improve my eligibility to get an education loan for France?
Can I work while studying in France?

Yogender is a tech enthusiast with specialization in digital marketing. He is currently working at Gyandhan a leading company which provides Education Loan who are studying Abroad. Playing Volleyball, driving a car, traveling, researching new online marketing trends are some of his interest areas that keeps his rejuvenated.

Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh students in his 8-year-long journey.
Specializes in:
Education loan ,
Study Abroad Admissions

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