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Education Loan for France 2026: Best Banks, Interest Rates and Cost of Studying Guide

Education loan for studying in france

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From Bonjour, Bon appetit, to some good old fashioned wine and cheese, who wouldn’t fancy experiencing French life, especially as a student.

France houses some of the world’s top universities, including more than 30 QS ranked universities. There are more than 3,500 public/private universities and other institutes offering undergraduate, postgraduate, diploma and PhD courses.

Top Reasons to Study in France

  • France has bagged the 8th best position globally and is in the top 5 in Europe for quality of education.
  • Studying in France is comparatively cheaper than many other European countries.
  • International students can work part-time in France. Some jobs: nanny, English tutor, tour guide, restaurant executive, retail work.
  • The minimum hourly wage in France (SMIC) is €11.88/hour in 2025 (updated from €7.61). International students can earn up to approximately €11,400/year working part-time (964 hours/year at SMIC).
  • International students in France can apply for the APS (Autorisation Provisoire de Séjour) – a 24-month post-study work permit for Master’s graduates (not a 5-year visa as sometimes cited).

Now, let’s break down your cost of study in France.

Cost of Studying in France for an International Student

To effectively plan your study in France, learn about the costs you will incur:

University Fees

Some of the best courses to study in France are Business studies, Aviation, Philosophy, International Relations, Culinary Studies, Film Studies and Fashion.

Public University Fees (ALL students – EU and non-EU)

French public universities charge government-regulated fees for all students: €170/year (Licence/Bachelor’s) and €243/year (Master’s) + CVEC €103/year mandatory. Total: ~€273-346/year (~₹25,000-32,000).

The fees in the table below reflect program-specific or private institution fees, not the standard public university rate.

 

UniversityCost (EUR)Cost (INR approx.)
Université PSL€380 – €3,770/year₹34,700 – ₹3,44,000/year
Ecole Polytechnique€14,900/year (Master’s)₹13,60,000/year
Sorbonne University€243/year (public rate) + program fees₹22,200/year (base)
Centrale Supélec€7,880 – €18,344/year₹7,19,000 – ₹16,74,000/year
HEC Paris€24,850 – €30,350/year₹22,70,000 – ₹27,70,000/year
ENS Paris-Saclay€793/year₹72,400/year
Université Grenoble Alpes€243/year (public rate)₹22,200/year
Sciences Po€13,190 – €25,000/year₹12,04,000 – ₹22,83,000/year

 

France also offers multiple scholarships to ease study expenses. Check: gradright.com/scholarships-for-indian-students-to-study-in-france-complete-guide/

Student Visa

The type of visa you need depends on the duration of your stay in France. To secure a French student visa you’re required to display €615/month as proof of sufficient funds.

VisaDurationCost (EUR)Cost (INR approx.)
Schengen short-stay3 months / non-renewableFreeFree
VLS-T (Temporary long-stay)3-6 months€50~₹4,600
VLS-TS (Long-stay)4 months – 1 year€99~₹9,000

Apart from the visa, foreign nationals need medical insurance of €30,000 to cover health services in France.

Flight Fares

The French universities commence their academic year during September/October. The cheapest month to fly to France is February when flight tickets cost around ₹20,000-30,000 for a one-way ticket. On average, flight fares range from ₹40,000 to ₹60,000.

Accommodation

TypeCost (EUR)Cost (INR approx.)
University residence halls (CROUS)€200 – €400/month₹18,300 – ₹36,600/month
Private student residences€500+/month₹45,700+/month
Apartments€400 – €800/month₹36,600 – ₹73,100/month
Living with a French family€200 – €800/month₹18,300 – ₹73,100/month

Tip: CROUS can help you find affordable accommodation.

Transportation

TypeStudent RateCost (INR approx.)
Transit in Paris€342/year₹31,200/year
Transit outside Paris€250-€300/year₹22,800-₹27,400/year
Self-serve bicycle€19-€29/year₹1,740-₹2,650/year
SNCF discount card€50/year₹4,570/year

Food Cost

Students can generally expect to spend about €300-€500/month in France on food, depending on the city and frequency of restaurant visits.

Food ItemCost (EUR)Cost (INR approx.)
Baguette€1~₹91
Croissant€1.10~₹100
1kg pasta€1.50~₹137
1L milk€1.20~₹110
Coffee€2~₹183
University meal (CROUS)€3.25~₹297
Fast food€7~₹639
Restaurant meal€10-€20~₹913-₹1,826

Other Additional Expenses

The last regular expense will be any additional cost of stationery, internet, memberships etc. You can set aside €500/month for the same.

Compare education loans from 18+ lenders for your France study journey.  Explore Loans on GradRight

Best Bank Loans for Indian Students to Study in France

To study in France, you can apply for secured loans with collateral such as fixed deposits with low-interest rates, or unsecured loans at higher interest rates.

Eligibility criteria for education loans to study abroad:

  • You need to be a resident of India.
  • Should be between 18 to 35 years at the time of loan application.
  • Have confirmed admission to a recognized institution in France.
  • A co-applicant who can either be a parent or guardian is required with a stable income source.

Interest Rate Disclaimer

Interest rates change frequently. The rates in the table below are indicative only and may differ at the time of your application. Always verify current rates directly with the bank or via GradRight before applying.

BankMax Loan AmountIndicative Interest RateLoan Period
Axis BankUp to ₹40 LakhsFrom ~11.25% paCourse + 12 years
Bank of Baroda₹80 Lakhs~8.25% (boys) / 7.75% (girls)15 years
Canara Bank₹40 Lakhs~6.90%-8.80% pa15 years
Federal Bank₹20 LakhsUp to ~10.05% paCourse + 5-7 years
HDFC Bank₹30 Lakhs~9.55% pa15 years incl. moratorium
SBI₹1.5 Crore~8.65% pa15 years
Punjab National BankAs per capacityRLR+BSP+2.00% onwards15 years
IDBI BankUp to ₹20 Lakhs~6.75%-8.65%15 years

A smarter alternative: Use GradRight’s FundRight platform to compare real offers from 18+ lenders in one place – Indian and international banks and NBFCs. You’ll receive loan offers within 2 days, often without collateral, with expert help to negotiate the best terms.

Compare 18+ education loan offers for France- free, no bank visits required.  Start on GradRight FundRight

Studying in France will exceed your expectations by giving you an enriching adventure with its diversity and multicultural experiences. Keep in mind to plan your finances well prior to studying in France.

Also Read: Cost of Studying in France 2026: Complete Breakdown

Also Read: Scholarships for Indian Students to Study in France 2026

Also Read: Study in France 2026: Process, Requirements, Visa and Benefits

Also Read: Master’s in France for Indian Students 2026: Complete Guide

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