
Study Abroad Expert | Updated On - Aug 10, 2026
France has raised the student visa proof of funds to €877.50 a month. The new bar takes effect from August 1, 2026 across France. Every Indian on the VLS-TS long-stay route now feels the pinch. Decree No. 2026-526 replaces the €615 benchmark set nearly two decades ago.
- Indian applicants now need €10,530 in the bank for a full academic year. That works out to ₹11.57 lakh at ₹109.91 per euro in August 2026.
- The threshold now moves with every SMIC revision by the French government. Expect a fresh hike each January the minimum wage is revalued.
- The new bar applies to files lodged from August 1, 2026. Students who cleared Campus France interviews earlier this year are not spared.
France issued 9,100 study visas to Indian nationals in 2024-25. Paris has set a target of 30,000 Indian students by 2030. The tighter funds rule lands as consulates chase that headcount goal.

Also Read,
- France Ends Yearly Student Visa Renewals for Indian Students
- France Student Visa: Types, Eligibility and Process
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- Cost of studying in France for Indian Students
What Changes on August 1, 2026?
Decree 2026-526 replaces the €615 benchmark fixed for nearly two decades. The new €877.50 figure equals 47% of France’s gross SMIC minimum wage. Annualised, that is €10,530 for a 12-month course. Officials say the old figure no longer covered rent and food costs. The threshold will now be revised each year alongside the SMIC. Students who filed before August 1 are covered under the old rule.
Note: The switch to an SMIC-linked figure is the real reset here. Even if €877.50 stays put on paper, it will climb each January. That is when France revalues its minimum wage automatically.
Old vs New Proof of Funds Rule for France Student Visa
Here is the side-by-side of the old and new French student funds rule.
| Parameter | Old Rule (till 31 July 2026) | New Rule (from 1 August 2026) |
|---|---|---|
| Monthly amount (EUR) | €615 | €877.50 |
| Annual amount (EUR) | €7,380 | €10,530 |
| Monthly amount (INR) | ₹67,596 | ₹96,447 |
| Annual amount (INR) | ₹8.11 lakh | ₹11.57 lakh |
| Basis | CROUS scholarship rate | 47% of gross SMIC |
| Revision cycle | Fixed for years | Indexed to SMIC |
Conversions use ₹109.91 per euro, the mid-market rate on August 5, 2026. INR figures will move as the rupee moves.
How Much Should Indian Students Save Now?
For a two-year master's programme, the paperwork bar becomes €21,060. That is a locked deposit of ₹23.14 lakh at current FX. This sits on top of tuition, Campus France fees and health cover.
A typical France Student Visa file now needs close to ₹35 lakh in the bank. That is up from about ₹28 lakh under the old €615 rule. The ₹7 lakh gap is the pure effect of the funds hike.
What it means for Indian Students: The extra ₹7 lakh is not spent, only shown. But Indian banks cap loan sanctions to the collateral value. Families relying on top-up loans will feel the squeeze first.
Also Read,
- Cost of Living in France: Travel and Accommodation
- List of Top French Colleges in India Based on 2026 Ranking
Who Does the Higher Threshold Affect?
The €877.50 rule covers every non-EU student residence permit file. That pulls in Indian applicants on the VLS-TS long-stay visa route. It also touches:
- Fresh VLS-TS applicants for the Fall 2026 and Spring 2027 intakes.
- Students converting a short-stay Schengen visa into a long-stay permit.
- Students seeking renewal of the titre de séjour étudiant after August 1.
Scholarship holders whose grant clears €877.50 a month remain covered. They do not need a separate bank balance on top.
How Do Indian Students Prove the €877.50 Balance?
Campus France accepts these documents as valid proof of financial resources:
- A three-month bank statement of the sponsor above the annual bar.
- An education loan sanction letter covering tuition plus €10,530 in living costs.
- A notarised financial guarantee from a parent, backed by income proof.
- A French or EU scholarship award of €877.50 or more per month.
Applicants can combine two sources into one file. For instance, a partial loan plus a parental guarantee is allowed. The total must clear €10,530 for one academic year. Reopen any cost of studying in France file drawn before June 2026. Loan letters at the old €615 basis will not clear. The €877.50 floor is now the planning number for Indian France files. Files submitted from August 1, 2026 under the old €615 will bounce. Given the SMIC-linked design, the next revision is due in January 2027.
Action Plan for Indian Applicants
- Update your Campus France file to show at least €10,530 for a one-year course.
- Ask your bank to reissue the sanction letter with the new €877.50 monthly line.
- If you interviewed before August 1, confirm with your consulate on grandfathering.
- Budget a buffer for the January 2027 SMIC revision that will lift the bar again.
Next Key Date for Fall 2026 Applicants: Campus France India will keep closing Fall 2026 VLS-TS files through August-September 2026. Any file lodged from August 1 must clear the €877.50 monthly balance, and the next automatic revision follows the SMIC update on January 1, 2027.




















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