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France is considered to be one of the best study destinations in
the world, and thousands of international students opt for this country to
pursue their further studies. It has numerous reputed universities that offer a
plethora of courses that you can choose from. So, moving to France as a student
would greatly improve your job prospects.
Now,
a major part of your planning would obviously be about the finances. You need
to know how much you are going to be spending, and this is not just about the
tuition fees of the university, but your overall living expenses in France.
So,
let us take a look at the breakdown of the finances required to study in France:
One
of the advantages of public universities in France is that they do not charge
high tuition fees. Of course, the course you choose to pursue will also
determine that cost, but the tuition fees for a Bachelor’s degree should be
around 170 Euros for a year on an average. A Master’s degree should cost you
around 260 Euros for a year. When it comes to Medical and Engineering degrees,
the average tuition fees should be around 450 Euros and 620 Euros respectively.
If you choose to go to a private university, the tuition fees will hike up to
an average of 1,500 to 6,000 Euros.
There
are many options that you can opt for when it comes to choosing accommodation.
The most common is to go for a student residence, which in any French city
should cost you about 200 Euros per month except in Paris, where the average
rent is 400 Euros. You can even choose to rent an apartment with another
student for your study abroad in France, which should cost you about 400 to 700 Euros a
month. A lot of students also choose to stay with host families where they pay
200 Euros on an average every month.
When
in France, no one can resist the delicious cuisine that the country is so
famous for. If you are looking for a budget meal, then you can easily get one
where you will have to shell out 10 to 15 Euros. When it comes to your
groceries, you can expect to pay about 200 to 300 Euros per month.
Since
you are living there, it makes much more sense to buy a monthly pass instead of
spending on a ticket every day. A monthly pass for transport services like the
bus, metro or tram would ideally be between 30 to 75 Euros. You can also go for
the healthier option of renting a bike for your transport through the rental
program in France.
Now
that you have an idea of your expenses for studying in France, the next step is
arranging the finances. The common way to do this is to take an education loan
that will take care of all these expenses. We, at Avanse can help you with that
as we can offer you an unsecured loan that will take care of your expenses. To
know more about the study abroad loans we
offer, please get in touch with us and we will be glad to help!
We
hope this article has helped you, all the best!
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.