Student loan: what conditions to borrow

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Student loans are consumer loans (no obligation to justify your expenses) so you can finance what you want.

Student loan: how much to borrow?
Student loans go on average from 1,500 to 30,000 euros. However, this amount depends primarily on your income, your educational institution (easier to obtain when you are at HEC or elsewhere) and the income of your guarantors. Similarly, you will get a larger amount once in Master than in License. It is important to note that student loan rates are often low, so do not hesitate to plan wide, it will not necessarily cost you more on arrival.

Which banks offer the student loan?
Established in 2008, the state-guaranteed student loan aims to help students wishing to take out a loan without contributions and without collateral, the state becomes your guarantor. This loan is not the subject of any request for a guarantee or conditions of resources. This device does not affect all banks; thus only the Banques Populaires, Crédit Mutuel, CIC, Caisses d’Epargne and Société Générale are concerned.

The state-guaranteed student loan has been set up for all students wishing to take out a loan. Even without contributions, without guarantors, for studies that are not necessarily recognized for their excellence, the principle is that each student can have access to a loan to finance his studies.

The maximum amount of this loan is 15,000 euros to repay in a deferred manner (total or partial).

Student loan: the conditions
However, there are conditions required to access the state-guaranteed student loan. The first is to be enrolled in an institution for the preparation of a competition or diploma of French higher education. The second is to be under 28 years of age on the date the loan is made. Finally, it is necessary to be of French nationality, or of a member state of the EU or the EEA and to prove a regular residence uninterrupted in France for at least five years at the time of the conclusion of the loan .

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