The student loan
At the start of the 2013 academic year, 2,430,100 students were enrolled in higher education courses. With a 1.8% increase in students from 2012, the number of students in United States has never been greater. More and more young people want to pursue post-Baccalaureate studies so that they can later have access to a stable and well-paid job.
According to a survey by the O bservatoire de la V ie E tudiante (OVE) in the same year, 43% of students felt that they had enough money to cover their monthly needs. Between family aid, savings, and scholarships, students' financial resources vary on average from around € 400 per month to € 800 (depending on whether there is a paid activity or not). However, these budgets are often insufficient to finance their studies and some students devote part of their time to small jobs, often poorly paid or sometimes restrictive when it would be much more useful and profitable for them to dedicate all their time to research. successful completion of their studies.
Still, according to the Observatoire de la Vie Etudiante, a student who works more than 17 hours per week has an increased risk of failure in his studies. Beyond 17 hours per week, students will accumulate a certain physical discomfort and a lack of time for rest, therefore less concentration during lessons. All the more so since half of the student jobs have no relation to the object of the studies of the student employee. 46% work more than 6 months a year and 30% of students who work do so full time. Under these conditions, academic success can quickly turn into failure.
This situation of financial precariousness worsens from the age of 26, the student no longer being considered as a "young person", he will lose a good number of aid and reduced rates, and this remains a real taboo in United States.
From this perspective, bank financing through a student loan, therefore appears as the ideal complement to family help or scholarships and it is for this reason that it is possible in United States, to use a student loan to finance your studies. But the prospect of going into debt over several years, even at record rates, can be a major drag for you, young students who are just starting out in life and who are not yet in a secure and well-established situation.
Let us see below in detail what the student loan is, for whom it is intended, the proposed amounts, the elements to take into account before taking out such a loan, its advantages and disadvantages, as well as the other alternatives that are available to you.
What is the student loan?
The student loan is a consumer credit that should allow you to finance your studies and all the needs that you will have during your student life: tuition, housing, computer, food, travel abroad or anything else because 'no proof of expenditure is required to request it. The student loan is considered a personal loan and therefore you can use the money however you want. This is called an unallocated loan. It is the student who takes out this loan on his behalf.
The student loan is divided into two parts:
- The student loan deductible
This is the period during which the repayment of your student loan is deferred. Generally, the grace period of the student loan covers your studies, so that the repayment of your student loan does not begin until the beginning of your working life, the purpose of your student loan being to finance your university studies.
This deferred phase of the credit is spread over 2 to 6 years. During this period, you can opt for a so-called "partial" student loan deductible or a "total" deductible.
If you choose a total student loan deductible, you have nothing to pay during the deductible phase, except for any insurance premiums (disability / death). In other words, the first sums you pay to pay off your student loan don't arrive until after a few years. With such an option, you are freed from the costs related to your credit throughout the duration of your studies.
Conversely, the partial student loan deductible means that you will only repay the interest on your student loan, possibly with insurance premiums. If, this seems restrictive, given that it imposes fees on you even before the end of your studies, it will ultimately be less expensive than the total deductible because the more the repayment of interest is deferred, the higher the interest. . If your financial means allow it, it is wiser to choose a partial deductible.
- The repayment of the credit itself
After the deductible, comes the phase called "amortization" which begins at the end of your studies. This is the period during which you pay off your student loan itself. The length of this period varies depending on the length of the franchise and can reach up to 12 years. Namely, the longer the franchise period and the shorter the repayment period and consequently, the higher your monthly student loan repayments are likely to be.
Here is an example to illustrate the above explanations: for a student loan of € 5,000 over 60 months with 24 months of total deferral and 3 years of monthly payments at the fixed overall effective rate of 3.76%, the total cost of the credit will be 695.92 € and the monthly installments you will pay from the 25th month will be 158.2 €.
Note, according to the Scrivener law of January 10, 1978, in the event of a strong inflow of money, you have the possibility of making an early repayment of your loan without penalties. Only one month's notice is often required and all you need to do is write a handwritten letter to the order of your bank asking for the total or partial repayment of your credit. The advantage of opting for an early repayment, when your finances allow it, is that it helps you get to the end of your student loan repayment faster and therefore reduces the amount of interest you will have to pay in total. However, depending on the contract signed, there may be a clause indicating that in the event of early repayment, penalties will be charged to you.
Finally, namely, as for any type of loan, the law provides for a withdrawal period of 7 days for the student loan, a period which begins in mail on the day of signature. During this cooling-off period, the cancellation of the loan can be done without justification and without charge by registered letter with acknowledgment of receipt.
What are the terms of the student loan and who is the student loan for?
To access a student loan, you must be enrolled in a higher education cycle: university, IUT, BTS or grandes écoles and most of the time be under 28 or 30 years old, but more and more banks are offering these credits without age limit. Thus, an employee returning to studies can take out a student loan at a more attractive rate than a personal loan. On the other hand, it is necessary to be at least major.
According to a 2010 survey by the O bservatoire de la V ie E tudiante showing the proportion of borrowers among students according to their sector, it is the students of business schools who have contracted the most student loans. A need that is justified by much higher fees than at university.
The file to be set up to obtain a student loan varies depending on the bank but it must include the following documents:
- Estimate of the amount needed. Even if you don't have to justify the expenses made with the student loan, the bank still wants to make sure that it is necessary for you and the proof of your ability to establish a budget is seen as a guarantee of seriousness. as to the upcoming refund. So, it's up to everyone to precisely determine their needs for the duration of their studies, but rest assured, there are specialized sites that provide Internet users with a calculator to easily establish their budget.
- Proof of student status. As this type of loan is reserved for students, this request for proof is self-explanatory.
- Guarantee from someone close to you (usually the parents). It is also at the level of repayment capacity because if you are unable to repay your student loan, it is the guarantor who will be required to do it for you. Account will therefore be taken of its income, current expenses as well as its schedule of loans already in progress.
How much to borrow for a student loan?
Succeed and especially finance his studies and one of the best ways to ensure his future and his future choices. Students are potentially wealthy, by pursuing higher education they will earn on average a lot more than those who do not. They therefore offer great potential for banks: they are likely to domiciliate their future income within the bank, to take a savings product, to take out a mortgage or car loan or even insurance, etc. many competitive offers are offered by banks and as a result borrowing has never been cheaper.
Several banks offer rates between 1 and 2% for the student loan. That is, 2 to 3 points less than a classic consumer credit. Some banking establishments segment their rates according to the profile of the student for their student loan: future graduates of grandes écoles such as HEC or Polytechnique are often entitled to a better student loan offer than those enrolled in a short course. The rating of the course followed is also an element taken into account by banking establishments. And in the same logic, a larger amount will be allocated if you are in a master's degree rather than if you are in the first year of a bachelor's degree. In other words, do not kid yourself, you will be loaned more during a student loan if you are enrolled in a large school rather than university. This is explained by the fact that the diploma determines the level of income at the end of studies and the students of the grandes écoles represent future customers with strong purchasing power and are therefore very attractive for banks. Thus, for example, a management student will be granted an average of € 17,000 for his student loan against € 7,000 for a student loan for a young person enrolled in university.
This inequality is denounced by Fage, the second largest student union in United States: “Student loans cannot guarantee equity between a student of modern literature and a student of medicine. They must remain complementary and not replace scholarships and social assistance, ” said Philippe Loup, president of the organization between 2010 and 2012.
Also note that the higher the borrower's own income and those of his surety, the higher the amount of the student loan offered.
In general, the amount of a student loan can vary from € 800 to € 450,000 and its total duration can run from 2 to 10 years. However, some banks offer more, such as BNP Paribas, which grants up to € 200,000.
Beyond the maximum amount that you can borrow, it is above all up to you to assess the amount to borrow and common sense prevails: you should borrow only the essentials when you take out a student loan, so as not to get into trouble at the start of your professional life. We must not forget that with the first job comes the first expenses, such as buying a car to go to work or moving into your new home ...
Moreover, in order to limit over-indebtedness, banks may decide to refuse the student loan if the total monthly amount of repayments is greater than 33%. This fundamental rule applies to all credits.
What elements should be taken into account to study the different offers offered?
In order to allow you to see clearly, here are the key elements to take into account before taking out a student loan.
- The amount of the student loan: it depends on the type of project you want to carry out with this money but also on the duration of your studies. As previously indicated, banks generally grant loans ranging from € 800 to € 45,000. To analyze the applicant's file, banks also take into account the level of studies already reached at the time of the application.
- The student loan deductible: this is the period determined by the student during which he does not reimburse anything. Indeed, the main interest of the student loan is that it can be repaid only after your studies are finished. This is one of the characteristics of this type of loan. The deductible can be partial or total. If you opt for the first option, you will immediately start repaying the interest on your loan and you will repay the capital at the end of your schooling. Conversely, if you choose a total deductible, you will repay the entire credit and interest once you have completed your studies.
- The surety of the student loan: this is another of the characteristics of the student loan. The bank requires in addition to the insurance, the guarantee of the parents or a third party, which guarantees the repayment of the contracted loan. Indeed, even if some students have a parallel job, they do not have sufficient income. Moreover, this is also explained by the difficult job market and by the amount of salaries paid to young people, which may turn out to be low at the start of their professional career.
- The monthly student loan repayment installments must not exceed, as is also the case for other loans, 33% of the amount of the borrower's income.
- The duration of the loan: it varies according to its amount and the duration of the studies. Banks grant these loans for a total term of up to 10 years. It is therefore very important to take into account the fact that the longer the duration of your deductible, the shorter the time to repay the borrowed capital and as a result, the higher your monthly payments will be.
- The interest rate on the student loan. This index varies according to the amount and the duration of the loan. Expressed as a percentage, it allows you to have a clear vision of the overall cost of your loan: repayment of capital, interest, insurance and administration fees. In other words, it indicates the total cost of the credit This is called the Global Effective Rate (TEG) or the Annual Global Effective Rate (APR). It is a determining element to compare the different offers which are proposed to you. It is imperative to compare the TEG or APR of the various credits offered by the banks. Indeed, it is thanks to this rate that the borrower will have a global vision of the cost of the loan. On the other hand, the TEG or APR does not take into account the qualitative aspects of the loan, that is to say the repayment terms: duration of repayment, possibilities of modification with or without costs ect. Therefore, at the same or close rate, it is advisable to choose the most flexible financing solution because it is difficult to project into the future to know exactly the date of entry into working life and the amount of your future salary. . Some banking establishments sometimes offer “promo” rates for students, close to the very low rates offered under special agreements between banks and certain partner schools and universities. Under the pressure of the competition, the banks are ready to cut back on their margins to win a client whose profile interests them.
- Application fees: you should know that the cost of a student loan is not limited to interest alone. It is also necessary to integrate the administrative costs which are generally of the order of 30 € to 40 €. They can, however, in some cases be offered.
- Borrower insurance: it is intended to cover the bank and the borrower against the risk of death, absolute and permanent disability or loss of autonomy. Even if this is not formally compulsory (the student can decide to take out insurance with the organization of his choice), it remains strongly recommended and the bank systematically offers insurance as an annex to the loan contract. .
Finally, check the particular agreements and negotiate the benefits. Indeed, some large banking networks have partnerships with schools and universities or mutuals, allowing students to obtain a student loan at an unbeatable rate. This is notably the case with Banque Populaire and LCL, which has signed 300 partnerships across the United States. Regarding the advantages to be negotiated, you should know that in addition to the free application fees, the banks also grant small advantages such as preferential rates for certain services or on the price of your bank card for example.
Opinion of a former banker of Société Générale, Mr. Fall on this subject: “Banks have special agreements with the grandes écoles to provide their students with preferential rates. It is a reality in United States that we are forced to admit, but there is always a possibility to negotiate if you are not registered in this category of schools. We must be daring and not hesitate to ask the banks for rates as low as those charged with students from grandes écoles. In certain cases, we sometimes grant equivalent conditions to the students of establishments which approach them. Bank rates vary from one banking group to another, from one region to another, even branches of the same bank! If your project is well built and you know exactly where you are going, your determination can only be an asset when negotiating. The rate also depends on the file and the commercial sense of the customer service manager. For example, taking out a student loan from the same bank of parents or guarantors significantly facilitates obtaining a loan at a very competitive rate. Everything is negotiated, it is a question of competition… ”
The pros and cons of the student loan.
The advantages of the student loan are numerous:
- One of the undeniable advantages of the student loan is that it will allow you to devote 100% to your studies without going through possible tiring student jobs which do not necessarily finance a school.
- The interest rates charged on student loans are low compared to other types of consumer loans. They vary between 1.9% and 4% depending on the bank. Moreover, if the borrower is enrolled in a high school or in a reputed sector rich in well-paid opportunities, he will obtain the best interest rates and the best loan conditions. It is a way for banks to retain a future senior executive.
- In some banks, it is possible to be exempt from administrative fees when you apply for a student loan. Likewise, some of them also give you access to small, not insignificant advantages. For example: not paying your bank card or your account maintenance fees.
- Flexibility: the amount loaned under a student loan can be available in one or more installments. That is to say that the borrower touches his credit in several installments. This is called split disbursement: on the date agreed in advance with your bank, you receive part of your loan. Usually, banks offer several dates for depositing money: monthly, quarterly, semester or once a year. For example, you borrow € 12,000. The bank pays you 500 US dollars per month for 24 months. 500 US dollars per month to study, in addition to a possible help from your parents and scholarships, it is already a good budget, allowing you to devote 100 € to your studies. In addition, this system is a clear advantage because it allows you to pay less interest.
- Possibility of extension: if you decide to extend your studies beyond the initially scheduled duration, your student loan may be extended. The overall envelope may also be increased, after studying the file on a case-by-case basis. Conversely, if you get your diploma faster than expected or if you benefit from a large inflow of money, you will be able to repay your credit early, without penalty.
The disadvantages of the student loan:
- The deposit: if you cannot prove that you have regular or sufficient income, you will not be able to obtain a student loan without the deposit of a close relative. It is then its income and expenses that will be taken into account to calculate the debt ratio since it will be the guarantor required to repay the credit in the event of default by the borrower. However, if your parents cannot stand surety, the State can, in certain cases, stand surety and partnerships are established with several banks. Likewise, be aware that there is a credit from L a M utuelle D es E tudiants (LMDE). Through its F onds de G arantie des S olidarités E tudiantes (FGSE), it offers partner banks to be the financial guarantor of its beneficiary student in search of a student loan. This system can be found at the Banque Populaire or at the Crédit Coopératif. The rates are not more attractive than elsewhere, it is only a question of obtaining a loan if you have no other guarantees to present to the lender.
- Debt: student loan repayments only beginners at the time of entering working life, when the equipment needs are generally high (housing, car etc.), this debt is a real brake, as much as unemployment of young graduates remains very high in United States.
- The cost of studies: As mentioned previously, if students from grandes écoles can benefit from preferential treatment, conversely, a student enrolled in a short or professional course will encounter difficulties in taking out an interesting student loan.
What other solutions than the student loan?
- Back to school advance
An alternative to the student loan: the back-to-school advance or the student advance offered by many banks at the start of the school year. This is a cash advance (between € 500 and € 1,500 depending on the brand), most often at 0% rate to be repaid within a short period (2 to 12 months). This loan, to be repaid immediately, makes it possible to finance a computer, a trip abroad or the deposit for an apartment. Unlike the student loan, it is therefore not a question of financing your studies, but it allows you to have a little help and to make a small loan to start the school year or to finance a need. punctual.
- The student loan guaranteed by the State
There is also the student loan guaranteed by the state. Launched in 2008, this loan system allows you to borrow up to € 15,000 without parental or third-party guarantee. It is intended for all students enrolled in an establishment in United States to prepare a French higher education diploma, under the age of 28 and French or citizen of another country in the European Economic Area, provided they are reside in United States for at least five years. There is no resource cap.
The repayment of this loan is done in two stages like a classic student loan: during your studies you can choose a partial or total deductible, then at the end of your studies, you repay the phase of the credit itself. However, unlike the student loan, there is no guarantee from a parent or a third party. The principle of this loan is that it is the State which acts as guarantor with the partner banks through the Public Investment Bank (Bpifrance). It is she who will then pay your monthly payments in the event of default on your part.
To make this type of request, you must contact one of the 5 partner banks: Société Générale, Banques Populaires, Crédit Mutuel, CIC or Caisses d'Epargne.
The borrowing rate, freely set by each financial institution, is generally 4%. Nevertheless, an important thing to know, if this loan is accessible to all the students, whatever their income, unlike the student loan, the banks reserve the right to select the files. The main criterion that will be examined by your banker is the quality of the professional project to be financed, but it will also take into account your sector and your level of studies.
Since the implementation of this mechanism in 2008, more than 45,000 loans have been contracted for a total amount of US $ 375 million.
- Emergency aid from CROUS
Finally, there is also emergency aid from the CROUS. The Crous social service assistants can process urgent financial aid application files depending on the student's personal situation. These are the Specific Student Aids. These emergency aids are of two types:
- One-off assistance allocated to students who are temporarily experiencing serious financial difficulties.
- Annual aid intended for students who encounter lasting financial difficulties.
- Housing assistance
Rent is a big burden on a student's budget, but luckily there are a few aids available to help you with paying rent and making a security deposit.
With regard to rent and charges, two types of aid are granted by the C aisse d ' A llocation F amiliale (CAF):
- The lLocation A L S ocial ccommodation in character (ALS): this aid is paid for a room in the home or in university housing, but also for other accommodation in the city (studio or apartment).
- The idea A to L P ersonnalisée ccommodation (APL): This benefit is paid for its directly subsidized housing, which include the residences of the CROUS and managed buildings housing agencies.
To do this, the CAF website allows you to simulate the potential aid and also allows you to take the steps to benefit from a student housing allowance.
Concerning the security deposit, the Locas-Pass is a device allowing you to finance it. It is a 0% rate loan with no application fees taken over by housing action organizations and allocated for all social or private housing. There is no deferred phase, it must be refunded upon departure.
Finally, the Solidarity Fund for Housing (FSL), is a global aid in the form of a loan or a subsidy allocated to students who encounter serious financial difficulties.
And here again, just like the start of the school year, the emergency aid from the CROUS, and the housing aid, cannot replace the student loan but they allow you to have significant aid when you are a student and that we have limited income ...
Testimonials from a young man and a young woman on the student loan.
In order to have a complete vision on the student loan, we met two young people and we asked them to give us their testimony on this subject. The first is a young executive who started working only a few years ago, and the second is a young high school student currently in Terminal class who wants to continue her studies abroad. A common point unites them the student loan.
Let's meet Coro Siby, a young man of 32 years old. Coming from a popular district of the city of Rouen. This young person who became a commercial executive had recourse to a student loan to finance his university career.
After obtaining a bachelor's degree in marketing and having completed a year of master's degree at the University of Le Havre, he entered the Montpelier business school.
Like many students in United States Coro had to resort to a student loan in order to finance his higher studies, his accommodation, his books, his computer as well as the ancillary costs (food, outings and others).
This former student did not have much vacation during his schooling, he worked every summer to supplement his income. He did odd jobs during the school holidays to earn additional income. But balancing school and work hasn't been that easy. As the time passed, he started to feel some physical fatigue, and his results were felt. He has indeed repeated his first year of business school. Like him, nearly one in three students working throughout the year repeats. « Ma première année a vraiment été difficile, je sortais déjà de quatre années à la faculté du Havre, je travaillais déjà depuis presque deux ans, mais entre la faculté et l'ESC (Ecole Supérieur de Commerce) il y a une vraie différence, il faut travailler beaucoup plus et il y a beaucoup plus de pression, je l'ai compris à mes dépends. La vie étudiante coûte très chère entre le logement, le transport, les frais d'inscription, et les dépenses quotidiennes . Pour être honnête, mes années d'études supérieures ont été une vraie galère, entre le loyer que je payais 400 US dollars par mois, mon abonnement de bus et de train cela représentait environ 150 US dollars par mois puis les dépenses quotidiennes en ajoutant quelques sorties, j'étais presque sur le point de craquer» .
Donc confronté à cette situation Coro a décidé de s'orienter vers les banques afin de contracter un prêt étudiant. « C'était la seule solution, pour m'éviter de laisser tomber mes études, et cela a été une véritable bouffée d'oxygène. Certaines banques proposent des remboursements en différée c'est-à-dire que je pouvais rembourser mon crédit une fois mes études terminées et c'est l'option que j'ai choisie»
Ce jeune-homme a donc contracté un prêt étudiant auprès de sa banque d'un montant de vingt et un mille US dollars. Cette somme correspond à ce dont il avait besoin pour financer ses trois ans d'études supérieures à l'ESC. Ce prêt a simplifié son parcours professionnel. « Les banques ont des offres parfois très promotionnelles (taux d'intérêt très bas, frais de dossier gratuit et parfois elles ont des accords avec les Universités) ce qui permet aux jeunes contractants de s'y retrouver plus facilement. Les banques cherchent à conquérir de nouveaux clients»
La banque n'a pas voulu prendre de risque au début. « Ma conseillère a pris en compte deux facteurs majeurs et essentiels, le premier facteur c'est qu'il existe un échec scolaire massif d'étudiants dès les premières années universitaires, et le second c'est que les banques s'aperçoivent de plus en plus que certains étudiants se trompent dans leur orientation». La banque lui a donc demandé de faire un dossier afin d'accepter ou non cette demande. « Les banques ont une préférence pour les jeunes qui savent déjà ce qu'ils feront à l'avenir, elles aiment les jeunes organisés, sûrs d'eux, ainsi les stages effectués en amont restent un atout », nous confie t il. Si ces derniers ont un rapport très proche de leur cursus cela peut être un plus pour obtenir un prêt étudiant.
Coro a finit par obtenir son prêt étudiant, prêt qu'il a contracté sur cinq ans. Diplômé depuis maintenant trois années en Management et Marketing, il est maintenant un cadre commercial au sein de son entreprise. Il lui reste encore une année à rembourser, mais ce coup de main de la banque, lui a donné un bel élan et a facilité sa nouvelle carrière professionnelle.
La seconde personne que nous avons rencontrée est une jeune lycéenne de 17 ans qui se prénomme Manon Deville. Elle étudie actuellement au Lycée Claude Monet, au Havre. Cette année scolaire va être déterminante pour le reste de sa future carrière.
En effet, une fois son Bac en poche, Manon voudrait poursuivre ses études à l'étranger dans le domaine de la communication. Un cursus long qui nécessitera l'aide de ses proches et de la banque ainsi que son investissement personnel. «J'espère avoir mon Bac, comme ça je pourrais peut être accomplir mon rêve. J'ai en effet, la volonté de suivre un cursus à l étranger, j'aimerais travailler dans quelques années dans une entreprise de communication».
Pour le moment, Manon dispose de très peu de revenus. Certes, elle peut compter sur l'aide de sa mère qui a épargné depuis son plus jeune âge, une aide qui lui sera bénéfique pour financer ses études. C'est néanmoins, sans compter le prix de ce cursus de trois années à l'étranger. Entre (le loyer, les frais d'inscription, les frais de déplacement ainsi que les dépenses quotidiennes) la somme totale de ce projet avoisinerait les trente cinq mille US dollars. Donc en plus de l'aide de ses proches, Manon voudrait se tourner vers le prêt étudiant pour compléter ce montant. Et pour dénicher les tarifs les plus bas du marché. Elle a pour le moment établi plusieurs devis sur Internet: « Un ami m'a conseillé d'aller sur Internet afin d'établir des comparatifs au niveau des banques, des taux pratiqués sur le marché ainsi que les mensualités » Une information reste capitale et doit être prise en compte, c'est de contracter un prêt étudiant et d'avoir des mensualités raisonnables. « Je connais des personnes qui ne font que rembourser leur prêt étudiant, et ils ne profitent pas assez de leur temps libre pour faire des loisirs. Moi, j'aimerais profiter de mon temps libre et arriver à m'offrir quelques moments de détente tout en remboursant mon futur prêt»
Pour le moment, Manon enchaîne les petits boulots pendant les vacances scolaires. Ces revenus qu'elle va cumuler au court de cette année lui permettront de payer une petite partie de ces frais de scolarité. «Oui, je travaille dans un centre avec les enfants pendant les vacances scolaire. Ce n'est pas une chose facile de ne pas profiter de mes amis et de la mer, mais je préfère me sacrifier maintenant et pouvoir payer une partie de mes études. J'espère avoir mon bac, et après cela prendre mon envol, et cela pourra être possible avec un prêt étudiant».
Nous noterons que cette solution ouvre des portes aux jeunes français voulant, s'investir à 100% dans un projet professionnel.
En conclusion, le prêt étudiant reste une solution devenue presque indispensable de nos jours pour la majeure partie des étudiants souhaitant s'engager dans des études longues ou intégrer des écoles de prestige et qui n'ont pas assez de ressources pour financer le coût de celles-ci. Et même si la perspective de s'endetter sur plusieurs années peut vous faire peur, le prêt étudiant reste le seul moyen qui vous permet de financer vos études tout en se consacrant pleinement à celles-ci, favorisant ainsi toutes les chances d'obtenir votre diplôme. Les banques cherchent de nouveaux clients potentiels et les jeunes contractants un prêt étudiant, ont un futur profil qui intéresse fortement les banques. Une fois vos études terminées, vous serez un jeune cadre, un jeune directeur ou un autre profil à forte rémunération: une aubaine donc pour les banques qui auront ouvert leurs portes et vous aurons apporté une solution adéquate et durable pour financer votre projet personnel.
Cependant, il faut garder à l'esprit, que le prêt étudiant reste avant tout un crédit. Et comme tout crédit, le montant emprunté devra être remboursé. Il parait donc impératif d'évaluer au mieux vos besoins et le montant à emprunter et prendre en compte tous les facteurs avant de finaliser votre dossier de prêt étudiant. Il faut trouver le juste milieu: ne pas prévoir une somme trop juste car il vous est conseillé de garder une petite marge au cas vous ne trouveriez pas d'emploi aussitôt votre diplôme en poche alors que les premières échéances arrivent, mais ne pas emprunter une somme trop conséquente non plus afin que le montant des mensualités à rembourser de votre prêt étudiant ne soit pas trop élevé. C'est à vous d'être sûr et de préparer consciencieusement votre projet d'études. Un projet bien préparé et un profil déterminé ne pourra qu'être un atout pour que votre dossier soit accepté, alors à vous de jouer!