How to finance your education

IÉSEG offers large numbers of scholarships in the form of tuition waivers up to €5,000 for students who meet the various criteria for each case. No separate application is needed. Decisions will be made during admission commission and released along with admission decision.

IÉSEG offers several type of financial aid and support to students.

• LOAN OF HONOUR FROM IÉSEG
  A 0% interest rate loan supported by IÉSEG with monthly reimbursement facilities after students start working or getting a proper source of income.
• IÉSEG SCHOLARSHIP
  A tuition waiver deducted from the tuition fees.

Several student financial support commissions are held throughout the year.

All the applications must include the following documents:

(May vary according to the student financial situation)

• A letter carefully explaining the reasons of the request and the financial situation of guarantors. The letter must contain all personal contacts details such as email, phone number…
• An official revenue/tax certificate of the previous two year of income of the guarantors (even in case of divorce) or any equivalent documents.
• Payslips of both the guarantors and the student of December and of the 3 months prior to the application,
• A bank certificate of the notification of the student loan refusal
• Any other document that will help assessing and understanding the financial situation of the student and their guarantors (proof of debts, loans, etc.).

Other documents may be requested to complete the application on a case-by-case basis.

Your application should be sent by email to financialsupport@ieseg.fr or to inscription@ieseg.fr.

IÉSEG will keep students informed of the decision. An Aid proposal including a solution among those listed above will be sent to students whose application has been approved.

Please note: the solutions proposed by IÉSEG only intend to help students getting funds related with tuition fees.

The French government awards a certain amount of money every year to support international students studying in France. Most of these scholarships (or in French, bourses) are granted based on the recipient’s program of study (the degree they will earn from a higher education institution), or the recipient’s research projects.

The duration of your scholarship depends on the program of study or the work involved. However, your results while in France, such as exams and research, can affect how much money you are awarded.

Eiffel Scholarships

The Eiffel Excellence Program, established by the French Ministry for Europe and Foreign Affairs, offers funding for a Master’s or PhD.

Focusing on three key subject areas of sciences, economics and management, law and political science, its primary aim is to offer scholarships in French higher education establishments to future public and private sector decision-makers in foreign countries. Regarding the Master’s degree course, students pursuing careers in teaching and research are not eligible, as they can benefit from other grant programs.

It also seeks to encourage applicants from developing countries, particularly in Asia, Latin America, Eastern Europe, the Middle East and the new EU Member States, although this does include industrialized countries for the PhD component. The Eiffel Program is designed to help French higher education establishments attract high caliber overseas students. Only French higher education establishments can submit applications and, if successful, they must enroll the candidates in the requested courses to obtain the Eiffel grant.

Note: The School must apply for the Eiffel scholarships on behalf of the selected students. All interested students should contact Admissions/Recruitment for the specific program for more information.

For more detailed information, please visit Campus France website.

Other academic funding

All international students are encouraged to check with Campus France and their own government to see if there are any scholarships available. This tool lists all of the assistance provided by the States (French and foreign), regional authorities, companies, foundations and institutes of higher education.

> Filter your search by nationality, field and level of studies to find the assistance that corresponds to your profile: browse the catalog.

The French Ministry of Higher Education, Research and Innovation and CROUS (regional student welfare center) also have a dedicated website for international students (in English), with a dedicated part on financial support and grants: “Welcome to France”.

None of the postgraduate programs (the Specialized Masters) are eligible for the CROUS scholarships based on social criteria (or for most of the publicly funded scholarships).

For more information, please contact the Registration Department.

FINS Student Loans
FINS is part of EDUCATIVA, one of the largest organisations in Europe delivering educational services and products. FINS Student Loans benefit from the support of the European Investment Fund and the European Union which means students can access the loans without having a job, income, or any other guarantees.

Value of Award: up to €25.000.

Who is eligible for a FINS loan? Any EU citizen that wants to study in the EU, United Kingdom, Norway, or Switzerland and has a clean financial record. Both private and public institutions are accepted.

Application deadline: up to 1 month before starting their studies.

Visit Hello Fins’s website for more details.

For American students, please check with Sallie Mae for private loan options.

Prodigy Finance offers loans to international students of +150 different nationalities, minimum loan amount is 15,000 US dollars.

> More information at prodigyfinance.com.

Italian MSc participants can benefit from the Intesa Sanpaolo Bank – “Per Merito” Loan.

> More information at www.intesasanpaolo.com.

IEFA is the premier database of scholarships for international students and information for US and international students wishing to study abroad: www.iefa.org.

WeMakeScholars helps students globally with latest scholarship discovery and also hand holds Indian students in arranging the best education loans, matching their profile.

> More information at www.wemakescholars.com.

IÉSEG School of Management and the Bureau Français de Taipei (BFT) co-financed scholarship scheme aims to promote higher education in France in management. The “Women Tech Leaders scholarship” is awarded to 3 Taiwanese Women students interested in pursuing MBA – Leadership & Coding track at IÉSEG.

Eligibility
The applicant must:
> be a Taiwanese woman citizen
> be enrolled in the MBA – Leadership & Coding track at IÉSEG

Benefits
The awardees of the scholarship receive the following benefits:
> 50% waiver on the tuition fee provided by IESEG School of Management
> The BFT awards a BCS (Bourse de Couverture Sociale) scholarship covering the following benefits: Status of French government scholarship holder, social security, assistance in finding affordable accommodation (priority access to CROUS; subject to availability), Visa and Campus France fee waiver.

Application and Selection Procedure
The interested candidates must contact IÉSEG directly for information on admission process and selection procedure for the scholarship.

There are also scholarships that help students to study or have a professional experience abroad in the framework of their studies.

Erasmus Scholarship

This scholarship is for students who are enrolled in an IÉSEG program and would like to study or do an internship abroad in an institution or company in Europe during their studies.

Students can benefit from a maximum of 12 months of mobility funding per study cycle (Bachelor’s, Master’s, Doctorate), for studies and/or internships. Students can receive Erasmus funding only once. Eligible students will receive specific communication from IÉSEG Departments in due time.

Depending on the foreign country’s cost of living, the scholarship amount varies:
> Between €420 and €520/month for internship
> Between €240 and €360/month for studies

The Erasmus scholarship is also available for Erasmus incoming exchange students to IÉSEG: they should get in touch with their home university for details.

Mermoz Scholarship

This scholarship is for students who are enrolled in an IÉSEG program in Lille and would like to study or do an internship abroad in an institution or company outside the Erasmus program on studies and/or internship, as well as for students going abroad on double-degree study programs.

It is delivered by the Conseil Régional Hauts-de-France, and applies to students from both Lille and Paris campuses

The host country must be different from the student’s nationality. It is not eligible to students who are nationals of a member state of the European Union, the European Economic Area and Switzerland, as well as students from other countries who have lived in France for less than 2 years.

Scholarship amount: maximum of €400/month, depending on your family’s revenue. In addition, there is a €300 stipend for travel expenses for scholarship students on social criteria.

There is limited quota available. Students can receive Mermoz funding only once. Eligible students will receive specific communication from IÉSEG Departments in due time.

CAF housing subsidies

The CAF (Caisses d’Allocations Familiales / Welfare Office), among other missions, manages financial aid for housing.

The possibility to receive the housing subsidy while in France is mainly based on your residence permit (applicable for EU and non-EU citizens who obtained the long stay VLSTS OFII visa) and length of stay. The amount depends on the amount of rent, your income, the type of accommodation and its location. It usually ranges from €30 to €250/month. To benefit from this housing subsidy, you are required to create an account with the CAF, and open a French bank account.

The housing subsidy does not take the first month of residency into account (if you apply in September, you will receive money from October), and you need to be in the same location for more than three months. In case of a shared apartment, every tenant can benefit from the CAF, but the amount will be divided between each individual depending on the amount of rent (each person must apply separately).

Personalized housing assistance (Aide Personnalisée au Logement, APL):The APL is available to all students who have signed a lease, regardless of their resources. In order to benefit from it, the housing must correspond to the State’s criteria. For more information (in French): www.caf.fr

Useful information: if you are under 25, you may be able to qualify for these subsidies on a personal level. However, for families living in France, these subsidies cannot be combined with your family benefits (paid to your parents). This means that, if your parents are receiving benefits for you, they will no longer receive them once the housing benefits will be paid to you.

Note: The orientation week is essential for international students. IÉSEG will make a presentation about the CAF and help all international students apply for it.

Dispositif Visale

Visale is financed by Action Logement (which used to be managed by CROUS). Students may request this before they sign rent contracts.

Visale is free for students and landlords. It is a rental deposit system that guarantees the payment of rent and charges (up to 36 monthly payments) to the landlord in the event that the student tenant is unable to pay. However, the certification of a home insurance can be useful and requested by the owner. Concerning the VISALE guarantee, the rent is capped at 1,300 euros (1,500 euros for Paris). The tenant must be between 18 and 30 years old. Before moving in to the new housing, students should think of what needs to be done in order to have electricity for the move.

If you are an EU citizen, there are NO restrictions on your opportunity to work in France.

If you are a non-EU citizen, French law says that you have the right to work during your studies AS LONG AS you are enrolled in an academic institution that is open to the Student Social Security system. This means that, to work part-time while in France, you must have in your possession proper identification or un titre de sejour that is also valid during the duration of employment. French legislation now authorizes international students to work a maximum of 964 hours per year.

A carte de séjour is the proof that your right to study and work in France has been validated by OFII and the Direction Départementale du Travail, de l’Emploi et de la Formation Professionelle (DDTEFP).

Can an international student be paid for part-time work?

There is a minimum salary law in France known as “le SMIC” (Salaire Minimum Interprofessionnel de Croissance), which is approximately €9 gross per hour (before the average 20% deduction for social security contributions).

Note: It is NO LONGER NECESSARY to obtain an APT (Autorisation Provisoire de Travail) to work during your studies (with the exception of Algerian students, for whom the APT status remains, as defined by the Franco-Algerian Accord of December 27, 1968).

Note: Keep in mind that working part-time in France will not allow you to cover all your expenses – it can only provide extra income. Besides, you will most likely have little time besides your studies for a part-time work.

> For more information, please click here.

Regional pass

For students who are under 26, pursuing higher education or doing an internship of at least one month’s continuous duration as part of higher education studies, who live and study (or are doing an internship) in Hauts-de-France region, and who use the regional TER train network for a specific journey between their home and place of study: unlimited travel.

> For more information: www.ter.sncf.com

Transportation card in Lille

Students who are less than 25, living in Lille can benefit from a less expensive travel card (this can be up to 50% off for scholarship students or 25% off for non-scholarship students).

> For more information: www.ilevia.fr

Imagine R Subscription (metro, RER, bus, tramway) in Paris

Open to all students under 26, for unlimited transportation in the entire Ile-de-France department.

> For more information: www.ratp.fr