Am I eligible for an education loan, and how much loan can I receive in Italy for a Master's/Bachelor's?
You are generally eligible as a legal resident in Italy or an EU citizen at a partner university, aged 18 to 40, and enrolled. The Fondo per lo Studio offers 3,000 to 15,000 euros yearly up to a 50,000 cap, or 70,000 euros abroad, while Per Merito needs no collateral.
Your eligibility and the loan amount you can receive for a Bachelor's or Master's in Italy depend primarily on your residency status and which loan program you apply through. Italy offers both government backed and merit based private options, each with very different rules.
Eligibility Requirements
| Requirement | Detail |
|---|---|
| Residency | Legal resident in Italy, or EU citizen at specific partner universities |
| Academic Standing | Officially enrolled or enrolling in a recognized Bachelor's, Master's or postgraduate program |
| Age | Between 18 and 40 for government backed funds |
| Collateral | Not required for Per Merito, granted on academic merit alone |
How Much You Can Borrow
Through the Fondo per lo Studio, a government youth credit fund, you can receive between 3,000 and 15,000 euros a year for courses studied in Italy, up to a maximum total of 50,000 euros, or up to 70,000 euros if studying abroad. The Intesa Sanpaolo Per Merito loan covers tuition and living expenses disbursed in installments, with a grace period of about 1 year after graduation before repayment starts, and terms can stretch up to 20 or 30 years for government funds.
My Advice
If you meet the age and enrollment criteria, look into Per Merito first, since it needs no collateral, parental guarantee, or income proof at all. Compare its terms against the Fondo per lo Studio caps before committing, especially if your total program cost is likely to exceed 50,000 euros.
More expert answers
Yes, you are eligible for an education loan to study in Italy or France for your master's.
- Loan amounts vary by lender and course, typically from ₹20 lakh up to ₹3 crore for international studies.
- Unsecured loans (no collateral) are often available up to ₹50 lakh, but this depends on the bank and your financial profile.
- A co-applicant (usually a parent or guardian with stable income) is generally required, and their financial status will affect your approval and loan amount.
Loan terms and eligibility criteria are subject to change.
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