Loans

Financing your education at ESCP

ESCP offers several options for students to fund their education through bank loans, scholarships, and partnerships with financial institutions. Below is an overview of loan opportunities, with specific details for students studying in France and general options available for other campuses.

International Loans Options

  • Paris Campus

    For students at the Paris campus, ESCP has established partnerships with several French banks, including BNP Paribas, BRED and Société Générale, to offer student loans with favourable terms and deferred payback options. However, please note that French banks typically require a guarantor residing in France.

    Master of Science: Students can apply for bank loans in both their home country and France (with guarantor). These loans often come with attractive interest rates and repayment terms.

    Bachelor of Science: Recent ESCP students have secured loans with interest rates as low as 1.75%.

    Master in Management: Given the high earning potential upon graduation, French banks offer competitive loan packages to Master in Management students, with rates starting at 3.5%.

    For further details or assistance, students are encouraged to contact the Student Affairs office at their campus

  • Australia

    Bank Name                 Commonwealth Bank of Australia

    Interest rate                 5.5% - 6.5%

    Standard Duration     Up to 10 years

    Max Amount                AUD 100,000 (approx. €62,300)

    Eligibility Criteria         Australian citizens or permanent residents

    Website                        CBA Student Loan

  • Austria

    Bank Name                Erste Bank

    Interest Rate               3% - 5%

    Standard Duration     Up to 10 years

    Max Amount               Up to €30,000

    Eligibility Criteria        Austrian or EU citizens enrolled in a degree program

    Website                        Erste Bank Student Loan

  • Belgium

    Bank Name               ING Belgium

    Interest Rate               Options available, please check with the bank

    Standard Duration     6 months to 7 years

    Max Amount               Up to €50,000

    Eligibility Criteria        Must be 18 years old

    Website                       ING Belgium

  • Brazil

    Bank Name               Banco do Brasil

    Interest Rate              8.50%

    Standard Duration   10 years

    Max Amount              BRL 100,000 (approx. €17,000)

    Eligibility Criteria       Brazilian citizens, enrolled in universities

    Website                      Banco do Brasil

  • Canada

    Bank Name              RBC Royal Bank

    Interest Rate             Prime + 1%

    Standard Duration   Up to 10 years

    Max Amount             CAD 100,000 (approx. €68,300)

    Eligibility Criteria      Canadian citizens or permanent residents enrolled in a degree program

    Website                      RBC Student Loans

  • China

    Bank Name              Bank of China

    Interest Rate             Variable, typically around 5.6% to 6.55%

    Standard Duration   Up to 14 years

    Max Amount             Up to total cost of education

    Eligibility Criteria      Chinese national enrolled in a degree program

    Website                     Bank of China Student Loan

  • Colombia

    Bank name              Bancolombia

    Interest Rate             10.00%

    Standard Duration   5 years

    Max Amount             COP 200,000,000 (approx. €42,000)

    Eligibility Criteria      Colombian nationals, proof of enrollment

    Website                     Bancolombia

  • Denmark

    Bank name              Danske Bank

    Interest Rate             4% - 6% (12-month Euribor)

    Standard Duration  Up to 10 years

    Max Amount            Up to DKK 300,000 (approx. €40,200)

    Eligibility Criteria     Danish nationals or EU citizens

    Website                    Danske Bank Student Loan

  • Germany

    Bank Name             BAföG

    Interest Rate             0%

    Standard Duration  20 years

    Max Amount            Up to €934 a month

    Eligibility Criteria     18 to 45 years old, German Resident, and registered to a higher education institution

    Website                     BAföG for Students

    Bank Name             KfW

    Interest Rate             8%

    Standard Duration  25 years

    Max Amount            Up to €650 a month

    Eligibility Criteria     18 to 44 years old and fall under at least one:

    • German citizens with a domestic primary residence and their dependents (regardless of nationality) who are living with the German citizen, and are registered in Germany
    • EU citizens who have been lawfully residing in Germany on a permanent basis for at least three years, and are registered in Germany, and their dependents living with the EU citizen in Germany
    • So-called educational residents with a domestic primary residence who obtained a German Higher Education Entrance Qualification by graduating from a high-school in Germany or a German school abroad.

    Website                    KfW

  • Greece

    Bank Name              National Bank of Greece

    Interest Rate             6% - 8%

    Standard Duration  Up to 7 years

    Max Amount             Up to €25,000

    Eligibility Criteria      Greek nationals or EU citizens

    Website                      NBG Student Loans

  • India

    Bank Name                 State Bank of India (SBI)

    Interest Rate                7.50% - 10.05%

    Standard Duration     Up to 15 years

    Max Amount               Up to ₹1.5 crore (approx. €187,000)

    Eligibility Criteria        Indian nationals enrolled in a full-time degree or diploma course

    Website                       SBI Student Loan

  • Indonesia

    Bank Name                HSBC

    Interest Rate             0.88% Monthly (~10.5% APR)

    Standard Duration   3 years

    Max Amount             IDR 300 million ( approx. €17.000)

    Eligibility Criteria      Indonesian citizens 21 years to 55 years old and at least 1 year of employment in the current company

    Website                     HSBC Personal Loans

  • Italy

    Provider Name          Habacus

    General Eligibility        Applicants must be resident in Italy and hold a valid Italian Fiscal code (codice fiscale).

    Academic Requirements: Bachelor students who hold a high school diploma with a minimum grade of 75/100, and Master students who hold a degree with a minimum final grade equivalent to 100/110 may be eligible, with no guarantor or proof of income required.

    Loan repayment        Begins 30 months after the final loan disbursement.

    Through ESCP's partner Habacus, students can explore the available funding options, check their eligibility, and receive support throughout the application process.

    Website                      Habacus Loan Comparison Tool

    Bank name               Banca Sella

    Interest Rate              The nominal annual interest rate for the variable rate financing is 7.80%. The annualized rate is 8.084981%. The TAEG for the variable rate example is 8.08%.

    Standard Duration    Up to 10 years

    Maximum Amount    Up to 30.000€

    Eligibility Criteria        Italian national or permanent resident for the entire duration of the loan.

    Website                       Banca Sella Prestito d’Onore

    Bank name                 BNL

    Interest Rate               TAN 4.75%, APR 4.91%

    Standard Duration     Up to 10 years

    Maximum Amount     Up to 70.000€

    Eligibility Criteria         Must be Italian national or permanent resident for the entire duration of the loan.

    Website                      BNL Futuriamo

    Bank name               Intesa Sanpaolo

    Interest Rate              2.50%

    Standard Duration   1 to 30 years

    Maximum Amount  Up to 50.000€

    Website                     Intesa Sanpaolo Per Merito

    Please note that ESCP Business School does not have special conditions or agreements and you should follow the standard procedure, you do not need the authorisation of the school.

  • Lebanon

    Bank name              Bank of Beirut

    Interest Rate             6.5% - 8%

    Standard Duration  Up to 10 years

    Max Amount            Up to €46,700

    Eligibility Criteria     Lebanese nationals with admission to a recognised university

    Website                    Bank of Beirut Student Loan

  • Luxemburg

    Bank Name            Banque et Caisse d'Épargne de l'État

    Interest Rate            2.5% - 4%

    Standard Duration  Up to 10 years

    Max Amount            Up to €50,000

    Eligibility Criteria      Luxembourg nationals or EU citizens

    Website                     BCEE Student Loan

  • Spain

    • Becas Avenir: Scholarships for studying in France.

  • India

    • Charpak Scholarship: Supports Indian MBA students in France.

  • Latin America

    • ICETEX (Colombia): €10,000 scholarships for MBA students.

    • COLFUTURO (Colombia): €10,000 scholarships for MBA students.

    • FUNED CONACYT (Mexico): €7,000 scholarships for MBA students.

    • Talento en Marcha (Mexico): Education financing options.

    • IFARHU (Panama): €7,000 scholarships for MBA students.

  • United States

    • Serge Bellanger Scholarship: Up to $10,000 for American students studying in France.

  • China

    • Bank of China: Loans for tuition and living expenses abroad.

  • Israel

    • ARINGO: Scholarship opportunities.

  • Other

    If your country is not mentioned here, there might still be financing options available. To know more, please contact the Admission Office of your campus

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