Scholarship

Honor Loans

Supporting International Students (Non-EU)

Zero-Interest Honor Loans granted by the Grenoble INP Foundation are intended to help non-EU students at Grenoble INP—Institute of Engineering and Management—finance their studies and living expenses. These honor loans, which are interest-free and require no guarantor, are repayable upon the student’s first employment, according to terms agreed upon individually with each recipient. 

I come from a very modest background, with my grandmother as my only family member—she has supported me all this time. Ten years ago, I resumed my studies in Colombia by taking evening classes. In 2019, I was admitted to the Smartgrids master’s program at Grenoble INP – Ense3. Without the Foundation’s scholarship, I would not have been able to continue my studies in France and subsequently consider contributing to the energy transition in underdeveloped countries such as Colombia and Latin America.
Ayda Huertas
Colombian, Master's in Smart Grids - Fall 2019

Everything You Need to Know About Honor Loans

Eligibility Criteria

  • Be a non-EU student enrolled at Grenoble INP—Institute of Engineering and Management
  • Be in a situation that would prevent access to engineering studies or jeopardize the continuation of the program.
  • The student must have a bank account with a bank that has a branch in France. No foreign bank accounts will be accepted.

Application Procedures

  • The student notifies the registrar's office at his or her school of his or her situation. Based on the information provided by the student, the registrar's office notifies the Foundation by email.
  • After reviewing the application, the Foundation will send the student a link to submit an application for an honor loan. Any incomplete application will not be processed.
  • The Foundation will schedule an interview with the student, who will be asked to explain the reasons for their application and present a projected budget. Following the interview, the administration will issue its recommendation.

Process When a Loan Application Is Approved

  • Signing of the honor loan agreement, which specifies the amounts, the number and dates of repayment installments, and a repayment schedule. The loan is interest-free.
  • 14-calendar-day cancellation period
  • Signing the SEPA Direct Debit Mandate
  • Payment of Funds After the Cancellation Period
  • Repayment of the First Job Loan

The Loan

  • Interest-free
  • No guarantor required
  • No fees

Loan Repayment

  • Repayments are made on the dates specified in the loan agreement and listed in the repayment schedule. They are deducted from the student’s account on the 5th of each month.

BORROWER'S COMMITMENT

Honor loans are funded by donations from alumni, parents of students, staff, and friends of Grenoble INP, as well as from the founders and partner companies. This commitment reflects a genuine spirit of intergenerational solidarity among engineers, enabling our recipients to successfully complete their studies and pursue their goals with peace of mind.

In return, by signing the honor loan agreement and the SEPA direct debit authorization, recipients agree to diligently attend classes and take exams, notify the foundation of any changes in their circumstances, and repay the full amount of the loan upon securing their first job.

I wish to finance a grant or an associative project

Financing a student or a project

Testimonials

In July 2020, when I moved to begin my master’s program at Grenoble INP, I had a lot of expenses related to settling in, and I still had part of my tuition to pay that I couldn’t cover within the short timeframe required. After trying to get a loan to cover my expenses and receiving no positive response from the banks, the Grenoble INP Foundation granted me an interest-free loan, which I used to pay the remainder of my tuition. Furthermore, thanks to the payment schedule we agreed upon, I’m able to save money each month and pay back the loan without neglecting my studies. 
Liz Araceli Cristaldo
From Paraguay, Master’s in Sustainable Industrial Engineering, Grenoble INP – Industrial Engineering
Avoir quitté mon emploi aux Philippines pour poursuivre mes études en France est sans doute l’une des décisions les plus audacieuses que j’ai prises jusqu’à présent, et je ne la regrette pas un seul instant. Avec le recul, je suis extrêmement reconnaissant à la Fondation Grenoble INP de m’avoir aidé à mener mes études à bien. Honnêtement, pour un étudiant non européen comme moi, étudier en France, en particulier dans une école d’ingénieurs comme Phelma, peut s’avérer très coûteux. La Fondation Grenoble INP m’a aidé à payer mes frais de scolarité sans aucun intérêt. Je suis aujourd’hui en deuxième année de doctorat et je ne serais pas ici sans son aide.
Emmanuel Ricohermoso III
AMIS Master's Alumnus Phelma, Grenoble INP