Financing your education

We can help you make
your dreams come true.

We are here to help you figure out how to finance your education at Paris College of Art. We provide scholarships, loans, graduate teaching assistantships (for MFA candidates) and the College Assistance Program (CAP) to eligible students with financial need and/or academic merit to help pay their tuition costs.

We provide assistance to students in navigating how to obtain financial aid from other sources like Sallie Mae for US citizens, CSN for Swedish citizens, Erasmus + bank loans for Master’s Students from EU and partner countries, as well as other country’s governmental loan and scholarship programs.

Approximately 30% of PCA students receive financial assistance from the school. Applying for assistance is not difficult but does take time to fill out the forms correctly and to provide us with documentation of your financial situation. To receive the best possible package of financial assistance you should apply for PCA Financial Assistance as soon as you have submitted your application for admission.

Many of our most successful alumni have received financial assistance and today are making their dreams of becoming designers, artists, design managers, etc. come to life.

 

David Peck

David Peck

Class of 2006, Creative Director/CEO of David Peck USA

The financial assistance I received from Paris College of Art allowed me to concentrate on my studies and benefit from everything the school and the city offers. I wouldn’t have made it to where I am today without the education and the professional contacts I gained by studying at PCA.

 

Lucy_Delgado

Lucymar Delgado

Class of 2012, Jewelry Designer

The scholarship I received from Paris College of Art enabled me to achieve my dream and launch my own jewelry collection. It would have not been possible without this aid, as the economic crisis meant my parents in Puerto Rico could not pay for my studies.

Cost of Education - Academic Year 2017-18

Estimated Cost of Living per Semester

  • Housing 3,800 €
  • Personal / Meals 2,800 €
  • Local transportation 175 €
  • French Social Security 215 €*

*This is a one time, mandatory annual health insurance fee.

Undergraduate, Certificate, & Study Abroad at PCA Programs

Per Semester Tuition Fee – 13,800 €

Includes all school fees and is applicable for the Fall & Spring terms for all full-time programs

Graduate Programs

Full Year Tuition (including Fall & Spring Semesters)

MA Programs
International Students – 27,600 €
EU/EEA/CH Nationals – 13,800 €

MFA Programs
Year 1: International Students – 27,600 €
EU/EEA/CH Nationals – 13,800 €
Year 2: International Students – 18,400 €
EU/EEA/CH Nationals – 9,200 €

EU/EEA/CH Nationals please note that due to the automatic 50% deduction you receive on tuition you are not eligible for PCA Financial Assistance. However, you may apply for an Erasmus+ Loan to cover your educational expenses. See below for more information.

PCA Financial Assistance

PCA Awards are made on the basis of three criteria: the student’s financial need, merit, and assessed commitment to their program of study at PCA. All financial assistance awards are valid for one academic year.

To retain their financial assistance package, students must remain in good academic standing (a semester GPA of at least 2.5 with a full-time load of at least 12 credits, including all degree requirements).

To renew their financial assistance package, students must also reapply in the spring semester and show continued need each year. Awards may be reduced or discontinued if a student fails to complete their College Assistance Program award or if their financial circumstances, academic performance or behavior are deemed to no longer warrant or merit tuition assistance.

Please note Creative Writing Residency and EU Graduate students are not eligible for Financial Assistance.

Questions about Financing your Education?

Types of Assistance

Scholarships

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

Scholarships are awarded to students who show financial need and academic and artistic merit. These scholarships defray a portion of tuition.

Institutional Loans

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.

Graduate Teaching Assistantships

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

For select MFA students teaching assistant positions are available during the second year of the degree providing an opportunity to develop your teaching resume.

College Assistance Program (CAP)

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.

Apply for Financial Assistance

Once a student has applied for admissions to Paris College of Art she/he will have access to our financial assistance application. Students are encouraged to apply for admission and financial assistance by the Priority Deadlines: February 1, for fall entry, October 1, for spring entry. Applications received after that date will be considered but may not receive the same level of funding as those received by the Priority Deadline. For Spring 2018 there are still limited funds available, so get your application in ASAP.

Other Sources of Aid

Canada

British Colombia – StudentAid BC

Students from British Columbia that have been accepted to Paris College of Art are eligible for funding through StudentAid BC to help with the cost of their post-secondary education through loans, grants, scholarships, and other programs. To receive student financial assistance, students must be enrolled full-time, be Canadian citizens and have a valid Canadian social insurance number that does not start with 0 or 8 (these social insurance numbers are not eligible for StudentAid BC). Students must also be residents of British Columbia and be able to demonstrate financial need. Students can apply directly on the StudentAidBC website.
Go to StudentAidBC

Europe (Master's students only)

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.

USA

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.

All Countries

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.

Creative Workforce Transition Scholarship

The organization, CraftResumes, offers scholarships to students through their community involvement program that encompasses fostering of an effective transition from college to the workforce. To participate, students submit their vision of an effective transition from student to a successful career to CraftResumes. The winning student will receive a $1000 scholarship and will get a chance to complete a 1-3 month paid internship in our Chicago office.
Learn more.