International students contribute Euro 5 billion to the French economy

A survey has shown that international students in France contribute about 5 billion Euros annually to the country’s economy.

9,992 international students living in France in the last three years took part in this survey.

The main sources of financing for students in a survey are family support, personal savings, cas d’allocations familles (French state aid to families).

About 18% of respondents said that international students’ studies were funded by their countries of origin or by French government scholarships.

According to the survey, international students spend an average of Euro 867 (INR 74,000) per month and pay an average of Euro 2,822 (INR 2.40 Lakh) in tuition fees.

Campus France said, “Having netted all costs from income, a contribution of Euro 1.35 billion (INR 11,500 crore) has been noted. This is the direct economic impact of international students in France.”

The number of foreign students enrolled in French institutions is set to increase by 8 per cent in 2021-22, recording the strongest growth in 15 years.

Campus France said that more than 400,000 international students are currently studying in France.

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