Discretionary loans

Last update: 06-28-2011

Interest-free discretionary loans

In1994 ESC Montpellier set up an annual social Fund to the order of 50 000€ used to provide students, assessed solely on their financial circumstances, interest-free loans of between 1 000€ and 2 300€ per student per year.

Qualifying students may take advantage of this loan for every year of their course.

Discretionary loans are repaid once a student has obtained his/her qualification, as soon as he/she has found a job and according to a repayment schedule proposed by the lender.