Studying abroad is a dream for many students, and one of the top destinations among them is France. Without any doubts, having a world-class education system with rich culture and diversified opportunities makes France stand ahead among all other countries to pursue higher education.
Why Choose France for Higher Education?
France offers a wide range of programs to international students at both undergraduate and postgraduate levels. The country is famous for its vibrant student life, historical landmarks, and dynamic cities.
Quality Education
France is known for its high educational standards and offers a wide range of programs across various fields.Almost in every field, it offers a variety of programs. It’s well-known universities include Sorbone, Ecole Normale, and HEC Paris, among others. It also offers international recognition of the degrees pursued in France, which may be helpful to build a strong career for Nepalese students.
Affordability
Unlike most other countries, tuition fees are relatively affordable in France. Tuition fees in French public universities are relatively low as compared to other countries for international students; hence, the French universities are very cost-effective for the students.
Career Opportunities
France offers an excellent employment market with abundant job opportunities in the streams of engineering, business studies, and tourism.The country also permits international students to work part-time along with their studies that helps in gaining work experience and may support students to pay their living expenses.
What is the Cost of Living and Tuition in France?
The cost of living in France varies depending on the city. Paris, as the capital, remains generally more expensive than other cities like Lyon, Marseille, or Toulouse. Depending on accommodation, food, transport, and other living expenses, international students are generally advised to have a budget ranging from about 800 to 1500 euros monthly. Tuition fees are totally variable, though, depending on the particular institution and program; they vary along a band of approximately 2,000 to 10,000 euros, at the most.
Requirements to Study in France for Nepalese Students
- Academic Documents
- Financial Proof Evidence to cover tuition fees and living expenses
- Health insurance for non EU students
- Language Proficiency Test (Tofel or IELTS)
Financing Your Education with Global IME Bank
Global IME Bank is one of the largest banks in Nepal and offers a range of financial products, including education loans for students wishing to study abroad. Global IME Bank provides loans to cover tuition fees, travel expenses, and living costs, depending on the student’s needs. The interest rate for education loans from Global IME Bank is generally competitive, making it more affordable for students to pay back the loan once they start earning. However, interest rates may vary, so it’s recommended to consult the bank for the latest rates. Global IME Bank has a streamlined loan processing system, but it’s advisable to apply for the loan well in advance of your intended departure date to avoid last-minute stress.
Eligibility Criteria for Global IME Bank’s Education Loan
To apply for an education loan from Global IME Bank, students must meet certain eligibility criteria:
- Nepali Citizenship: Only Nepali citizens are eligible for the education loan.
- Academic Requirements: Students should have an acceptance letter from a recognized educational institution in France.
- Financial Guarantor: The bank usually requires a co-borrower or guarantor (such as a parent or guardian) who can support the loan application and provide collateral if needed.
- Adequate Collateral: Collateral might be required, typically in the form of property or other significant assets.
Required Documents
- Current account of the applicant / borrower
- Name of the family member
- Photocopy of citizenship certificate of borrower
- Photocopy of all academic certificates
- Photocopy of land ownership certificate (Lalpurja) to be placed as collateral
- Photocopy of four Boundary Disclosure (Char Kitta) from ward office of land / building
- Photocopy of latest land revenue receipt
- Salary Certificate/ Rental Contract/ Financial of business
Conclusion
Studying in France can open doors to incredible career and personal growth opportunities. With the support of Global IME Bank’s education loans, students can finance their academic pursuits without financial worries. If you are considering studying in France, visit the nearest Global IME Bank for further queries.
