Higher education represents an investment in the future.
Students must pay tuition fee contributions to the cost of their training. This contribution represents around 65% of the total cost of training and necessary ISTEC resources. The additional amount comes from the payment of the apprenticeship tax by partner companies, subsidies that ISTEC may apply for and funds generated by research and consultation activities.
The schooling fees required by ISTEC cover the costs linked to teaching and the individualised monitoring of each student, the costs of handouts, access to the documentation centre and to IT resources, civil liability insurance and occupational accident insurance.
For the 2016/2017 academic year, the schooling fees required by ISTEC in the Bachelor’s degree programme are from €6,900 to €8,100, according to the year of studies and the course (initial training, block release course, semester at a foreign university, etc.)
Training is free (and remunerated) for students in the Bachelor’s degree programme carrying out their studies within a block release arrangement under a professional training contract.
Students have the option of carrying out their training under a block release arrangement. Training costs are paid by the company under the alternating study/professional training contract arrangement.
In the context of the alternating study/work placement (student status) and subject to the special agreement of the company with the student, the company may partly or entirely pay the training costs.
The mandatory contribution to the Students Association is €150 and for the Graduates’ Association, it is €50. This allows students to benefit from association services and activities. Furthermore, once students have received their degree, they will no longer have to pay subscriptions to the Graduates’ Association and they will have free access for life to all of its services.
Various payment arrangements are available: three payment instalments at no extra charge; automatically debited monthly payments, a one-off payment with a discount of 3%, a personalised financing plan. Schooling fees may increase slightly each year in line with inflation.
FINANCING OF STUDIES:
ISTEC, which is recognised by the State, may accept higher education grant holders:
- State grants: ISTEC, being State-recognised, may therefore take in higher education grant holders. Applications must be submitted before April at your secondary school or regional student welfare office (CROUS) if you are already in higher education.
- Grants from local authorities: municipal, departmental, regional. You must directly contact the local authority that covers your address.
- ERASMUS grants: students can receive grants to go abroad within Europe, dependant on destination and terms.
- ISTEC internal grants: These are awarded every year, thanks to companies’ financial support, in accordance with your personal situation.
In addition, ISTEC students can benefit from preferential agreements to obtain a student bank loan, reimbursable once they are in employment.
OFFER FROM THE SOCIÉTÉ GÉNÉRALE FOR FUNDING OF STUDIES
Since 2008, student loans have been able to be accessed without conditions of resources and are guaranteed by the State.
Find out more about the Société Générale’s offer by clicking here