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4 ways to finance your studies at a top French business school
Chloe Lane
Updated Aug 31, 2022Save
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Sponsored by EDHEC Business School
Studying a postgraduate programme at a top business school can boost your income significantly and give you valuable skills that’ll help you progress in your career.
If you’re hoping to study abroad at one of the world’s most prestigious business schools, France is a good place to start looking. Performing consistently well across the QS World University Rankings and the QS Global MBA Rankings, French business schools are globally recognised their excellent academic reputation and high standards of teaching.
However, business school often doesn’t come cheap, particularly if you’re looking to study abroad. Many students require some financial support to help them pay for tuition and living costs.
For students in need of financial support in order to study at a top business school in France, there are several financial aid options available; including scholarships, loans and government grants.
For example, EDHEC Business School, which consistently ranks within the global top 10 business school in the most recent QS Business Master’s Rankings, offers a diverse and transparent scholarship scheme which enables talented students from all backgrounds to pursue their studies. This is part of the school’s strategic plan: “Impact Future Generations”.
Read on as we take a closer look at the different options available to students who want to attend business school in France.
Scholarships
There are many different types of scholarships available if you’re looking to study abroad in France. Scholarships and their requirements will vary widely from school to school, and may take into account financial need, academic merit and where you are from.
If you are considering studying at EDHEC Business School for example, there are several types of scholarship available:
Check EDHEC’s website to see if you are eligible for any of these scholarships.
Government Grants
The French Ministry of Foreign and European Affairs offers a large number of grants and scholarships to international students looking to study in France.
There are 14,000 tuition fee exemptions available to non-European students and these are mainly granted to students from North and sub-Saharan Africa.
Discover more about the grants and scholarships offered by the French Ministry of Foreign Affairs.
Additionally, there are organisations supporting the study of international students studying in France, such as the Erasmus + programme which gives 30,000 people the opportunity to study in France.
Student loans
Taking on a student loan as an international student will help finance you through business school and let you pay back your tuition fees once you start earning.
Prodigy Finance is a platform that offers loans to international postgraduate students attending prestigious universities and business schools. These loans are available for students from 150 nationalities.
US citizens who are looking to study in France can apply for Federal Student Aid, which helps cover the cost of tuition while studying abroad. Additionally, the Direct PLUS Loan is a federal loan that graduate students can use to pay for tuition expenses not covered by other financial aid.
Internship or work placement
Students who want to supplement their financial aid while studying in France can take on a part-time work placement or internship.
French law allows international students with a student loan to work up to 964 hours per year, which is equivalent to around 60 percent of normal working hours in France. This can be a great way to make your CV stand out with some international business experience, while earning some money.
Find out more about the legal requirements for working in France here.
CTA: Discover more about the funding options available at EDHEC Business School
Check EDHEC’s website to see if you are eligible for any of these scholarships.
As Content Editor for TopUniversities.com and TopMBA.com, Chloe creates and publishes a wide range of articles for universities and business schools across the world. Chloe has a Bachelor’s degree in Economics from the University of Reading and grew up in Leicestershire, UK.
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