Financing your education

Eligibility: Undergraduate, Certificate, and International (Non-EU) Graduate Students.

Following are the conditions of the Paris College of Art Student Loan Program:

• The loan will be made during the period of your education at Paris College of Art and will not be due for payment until you have completed your Paris College of Art degree.
• There will be no interest levied on this loan.
• As an incentive for and acknowledgement of good PCA community citizenship and academic success, all or part of the amount due on the loan will be reduced when you graduate according to the schedule below, given the following conditions are met:
  1) You faithfully adhere to the Paris College of Art Code of Conduct. Infringement of the Code of Conduct will result in immediate loss of the privilege of loan forgiveness.
  2) You complete the obligations of your CAP award and comply with the CAP Code of Conduct. Infringement of the CAP Code of Conduct will result in immediate loss of the privilege of loan forgiveness.
  3) You complete your degree at Paris College of Art. Students who leave PCA before graduating lose the privilege of loan forgiveness.

Loan Reduction level based on Cumulative GPA at Graduation from Paris College of Art

• 100% – 3.75 or better
• 75% – 3.5 to 3.74
• 50% – 3.0 to 3.49
• 25% – 2.5 to 2.99
• 0% – 2.49 and under

After you complete your degree at Paris College of Art, you will receive a schedule of payments due to be paid in full by the end of the third year following the receipt of your degree.

Other conditions apply.

Eligibility: Students in the MFA program who have the necessary qualifications regardless of nationality.

MFA students who have the necessary qualifications and a grade point average (GPA) above 3.3 may be awarded assistantships. Student teaching assistant or teaching positions at undergraduate level are available during the second year of the degree providing an opportunity to develop your teaching resume.

Interested students must contact their department chair for further information, and validate with Human Resources and the Associate Dean of Graduate Studies before College Council that the course is offered the following year or a new course should be submitted for consideration.

Please note that students on a Student Visa are allowed to work 60% of the legal annual time for a full time job in France, which is a maximum of 964 hours per year. This duration starts from the validation of your VISA by OFII. Students being awarded assistantships sign a Short Term Contract (called “Contrat à Durée Déterminée d’Usage”) with the Human Resources Office. A copy of your VISA (front & back) is required.

Eligibility: Undergraduate, Certificate, Study Abroad, and International (Non-EU) Graduate Students.

Students who are awarded the College Assistance Program are required to complete an assigned number of hours each semester, on campus, assisting an academic or administrative department. The hours that they complete reduce their following semester’s tuition due; if the student wishes, a portion of the award can be received as a monthly stipend. Participation in the College Assistance Program is mandatory as it has a direct affect on financial need assessment. Should a student fail to complete all of the assigned hours of their CAP, their total financial assistance package will be lowered upon annual renewal.

Erasmus+ loans for Master students
Eligibility: Spain, France, UK and Turkey
Eligible students may apply for bank loans via the Erasmus+ loans for Master students program. Students can receive a loan up to 12,000 euros for 1 year Master’s degrees or up to 18,000 euros for 2 year Master’s degrees. These loans offer a low interest rate of maximum of 3,0% annually. Other favorable conditions apply: no collateral from parents, one-year grace period, one-year payment holiday upon request, all fields of study supported, early payment possible without penalty.

Learn more about the Erasmus + Master’s Degree Loan Program.

Sallie Mae Smart Option Private Student Loans

Students who are accepted to PCA and who are US citizens can apply for the Sallie Mae Smart Option Private Student Loan to help them pay tuition and/or living expenses. Students are able to apply for annual loans that equal our annual published cost of tuition and living expenses, however, in the interest of future financial stability of our students, we have set a limit of 10,000€ as the annual amount that students can borrow through Sallie Mae.

Occasionally, upon written request, we can remove this limit but we strongly advise students and their families read carefully about the different repayment options before doing so. Should you require a loan that exceeds this amount, you will need to submit a written letter to the Financial Assistance Committee asking that we remove the loan authorization limit and explaining in detail the reasons for such a request.

To find out more information about the Sallie Mae Smart Option Student Loan, please consult the their website or give them a call at: 855-429-9759. Please note that our institution’s code is: 609183-00.

Visit the Sallie Mae website.

CAF/French Housing Assistance

Students in France with financial need, regardless of nationality, are eligible to receive financial support from the French government to offset housing costs. This aid is administered by the Caisse d’Allocations Familliales (Family Allowances Fund), commonly referred to as the CAF. Students may apply for this aid after they have secured housing. The amount of support depends on the students need and the type of housing. Please note that an application for CAF does not guarantee that you will receive aid.

• InternationalStudent.com – Free scholarship database for international students
• European Funding Guide – Free scholarship database for European students
• For German students: Deutscher Akademischer Austauschdienst
• For Canadian students: Yconic – A free scholarship database
• For students from Hong Kong: Gov. HK