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Education Loan to Study in France 2025

More than 6,000 Indian students are currently pursuing their education in France, and the French government has set a target to welcome 20,000 Indian students by 2025. This growing interest opens up a world of possibilities—from acquiring a new language to diving into innovative research fields. While the chance to study abroad is exciting, it also comes with financial responsibilities. To manage these expenses effectively and make the most of your time in France, opting for an education loan can be a smart move. In this blog, we’ll take a closer look at the education loan options available for Indian students planning to study in France.

Cost of Studying in France

France stands out as one of the more affordable study-abroad destinations when compared to countries like the USA, UK, or Canada. Thanks to generous government subsidies for public universities, students benefit from significantly lower tuition fees. Even private institutions in France tend to be more budget-friendly than their counterparts in countries such as the USA, UK, Canada, or Australia. This cost-effectiveness has made France an increasingly attractive option for international students.

The average tuition fee for a Bachelor’s degree is approximately EUR 2,770 per year, while a Master’s program typically costs around EUR 3,770 annually. In addition, international students may need to pay a small administrative fee each year. Living expenses in France can differ based on location, but generally, students should budget around EUR 1,100 per month to cover housing, food, transportation, and other day-to-day costs.

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Eligibility Criteria for Education Loan in France

To secure admission to a French university and qualify for an education loan to study in France, you’ll need to meet the following eligibility conditions:

You must be at least 18 years old and hold Indian citizenship.
You should have applied to a recognized university in France for a full-time course.
A strong academic background is essential.

For unsecured loans, good future career prospects are important; for secured loans, suitable collateral must be provided.

Expenses Covered Under an Education Loan for France

An education loan for studying in France typically covers a wide range of expenses to support your academic journey. These include:

Tuition fees for your chosen course
Travel costs to and from France
Security deposits or caution money
Accommodation-related expenses
Costs for books, a laptop, and essential stationery
Expenses for educational trips and project work during the course
Any other necessary and reasonable costs required to complete your program successfully

Secured Education Loan for France

A secured education loan for France requires you to provide collateral or security to the lender, which is why it’s also known as a collateral-backed loan. Acceptable forms of collateral include immovable assets like residential property or land, as well as financial assets like fixed deposits or life insurance policies. This type of loan generally comes with multiple advantages, such as lower interest rates, longer repayment terms, and eligibility for higher loan amounts. Public sector banks are often favored over private banks and NBFCs due to their more attractive terms, including larger loan limits and better interest rates.

Below is a comparison table of secured loan offerings from key lenders:

Lender Name	Maximum Loan Amount (in INR)	Rate of Interest	Margin Money
SBI	Up to 1.5 Cr	10.65% (for girls) 11.50% (for boys)	10%
UBI	Up to 1.5 Cr	10.65% (for girls) 11.50% (for boys)	10%

Unsecured Education Loan for France

An unsecured education loan for France also referred to as a loan without collateral—does not require you to offer any asset or security. However, since there’s no collateral involved, the interest rates tend to be slightly higher compared to those offered by public sector banks.

There are mainly three types of lenders who offer unsecured loans for studying in France: private banks, Non-Banking Financial Companies (NBFCs), and international lenders. Below is a table outlining some of the key options currently available:

Lender Name	Maximum Loan Amount	Rate of Interest	Margin Money
Axis Bank	Up to 50 Lakhs INR	11% – 13.50%	5%
ICICI Bank	Up to 1.5 Cr	10.85% – 12.50%	0 – 15%
IDFC FIRST Bank	Up to 35 Lakhs INR	11.50% – 12.25%	Nil
HDFC Credila	Up to 65 Lakhs INR	11.25% – 13%	Nil
ICICI Bank	Up to 1.5 Cr	10.85% – 12.50%	0 – 15%
Auxilo	Up to 65 Lakhs INR	11.25% – 13%	Nil
Incred	Up to 60 Lakhs INR	12.25% – 14%	Nil

Choosing the Right Lender

With so many options available, selecting the ideal lender can feel overwhelming. But don’t worry—we’ve got you covered! To make the decision easier, we’ve outlined a set of key factors that can help you compare different lenders and find the one that suits your specific requirements. These points will guide you in making a well-informed choice for your education loan.

Document Requirements for Student Loan in France

Once you’ve identified the right lender, the next crucial step is gathering the necessary documentation to ensure a smooth and successful loan application process. Having the correct paperwork in order will help avoid delays and improve your chances of quick approval. Below is a list of documents typically required when applying for an education loan to study in France:

Admission letter from the university
Completed loan application form
Detailed breakdown of the cost of studies
Valid ID proof
Address/residence proof
PAN card details of the applicant
Bank statements of the guarantor, co-borrower, or student
Statement of assets for the guarantor, co-borrower, or student

Proof of income for the guarantor, co-borrower, or student

How to Get an Education Loan for France?

Securing an education loan to study in France is a manageable process but coordinating with multiple lenders on your own can be tiring. That’s where platforms like LENDING BROTHERS step in to make things easier. With their expert guidance, you can navigate the entire loan process smoothly by following these simple steps:

Begin by checking your eligibility through LENDING BROTHERS online portal.
Get in touch with a dedicated loan expert who will offer personalized support and suggest suitable lenders.
Receive a tailored checklist of documents to help you stay organized.
Submit the required documents as per the lender’s specifications.
Wait for the verification process to complete—usually within 7 to 15 days. Once approved, sign the loan agreement and track your application through LENDING BROTHERS dashboard.
Finally, initiate the disbursement process as guided by the lender. The funds will either be transferred to your bank account or directly sent to the university, depending on the lender’s policy.

Why You Should Consider Studying in France

If you’ve made it this far in the blog, you’re likely already convinced that France is a fantastic destination for your higher education. Still, here are a few more compelling reasons that make France an ideal choice for international students:

Language won’t be a barrier many institutions like the Paris School of Business offer courses entirely in English for international students.
France shines in the Global University Employability Ranking 2022, with 18 universities such as HEC Paris and ESSEC Business School—securing strong positions on the list.
The French government actively supports higher education by offering a wide range of scholarships for international students.
With a valid student visa, international students in France are allowed to work up to 964 hours per year, giving them the opportunity to take on part-time jobs both on and off-campus and ease their financial burden.

Based on everything discussed above, it’s clear that France is on track to becoming one of the top international study destinations for Indian students. From acquiring a second language to pursuing niche subjects like fashion or filmmaking, France offers exceptional educational experiences.

LENDING BROTHERS, your trusted education loan partner, is here to guide you every step of the way. From checking your loan eligibility to helping you find the right lender and organizing your documents—LENDING BROTHERS provides end-to-end support absolutely free of cost. Take the first step toward your academic journey in France with confidence LENDING BROTHERS is here to help turn your dream into reality!