Student Loans in Morocco: All Financing Options in

Financing higher education is a growing challenge for Moroccan families. Between private institution tuition fees (15,000 to 150,000 MAD per year), housing and living costs, the need for student financing has never been greater. This guide covers all available solutions.

Overview of Financing Options

Financing higher education in Morocco can draw on several complementary sources:

Bank Student Loans

A student loan is a purpose-specific consumer credit granted to finance higher education (tuition, housing, transport, equipment). Its main distinguishing feature from standard consumer credit is the option to defer repayments until after graduation.

In Morocco, specialist student loans are less developed than in Europe or North America. The offer has nevertheless been structured around the Enseignement+ guarantee scheme run by Tamwilcom (formerly Caisse Centrale de Garantie): the State guarantees loans intended for the enrolment and tuition fees of private higher education institutions, up to 50,000 MAD per year of study and 250,000 MAD in total, repayable over a maximum of 12 years including up to 6 years of deferral, for Moroccan students aged 25 or under. Most banks distribute this product, alongside classic parental loans (parents borrow to fund their children's studies).

Types of Student Loans Available

• ✓ Direct student loan: the student is the primary borrower, usually with a co-signor (parent). Repayment deferred until after graduation.
• ✓ Parental education loan: parents borrow in their own name to fund a child's studies. More favourable conditions.
• ✓ Personal credit for overseas study: higher amounts, slightly higher rates, often requiring stronger guarantees.

Eligibility Requirements

Requirements vary depending on whether the borrower is the student alone or a parent:

Required Documents

The file to be assembled typically includes:

• ✓ National ID of the student and co-signor/parent
• ✓ Enrolment certificate or training contract from the institution
• ✓ Transcripts or diplomas to demonstrate academic progress
• ✓ Last 3 pay slips of co-signor or proof of income
• ✓ Proof of tuition fees (invoice or agreement with the institution)
• ✓ Bank account details (RIB) of student or co-signor

Banks Offering Student Loans Compared

Most Moroccan banks distribute the Tamwilcom-guaranteed Enseignement+ loan and/or an in-house product. Here are the main offers documented in the economic press (Le Matin, September 2025; Le Site Info, 2023), to be confirmed with each bank:

* The rate is freely negotiated between the bank and the borrower (taking the Tamwilcom guarantee into account): always ask for the APR (TAEG). Conditions may change; check with each institution.

Scholarships and Alternatives to Student Loans

Before taking out a loan, explore these non-repayable resources:

Minhaty State Scholarship

Through ONOUSC, the Ministry of Higher Education grants the Minhaty scholarship to students enrolled at public institutions, subject to family income conditions. Since 2025-2026, awards are based on the Unified Social Register (RSU) score. Annual amounts are 6,334 MAD for a full undergraduate scholarship (3,167 MAD for a half scholarship), 7,334 MAD at master's level and 12,154 MAD at doctoral level, paid in instalments onto a Minhaty card (Al Barid Bank). Applications are made on the portal minhaty.ma.

CNSS Family Allowances

The CNSS does not pay study scholarships, but family allowances (300 MAD per month per child, up to 6 children) remain payable to registered employees for children who continue their studies, up to age 21, on presentation of an annual enrolment certificate. Ask your employer or visit cnss.ma for details.

Private Foundations

Several Moroccan foundations offer financial support to deserving students: the OCP Foundation, the Attijariwafa bank Foundation, the Mohammed VI Foundation for the Promotion of Social Works in Education and Training (for children of education staff) and various sector-specific foundations. These awards are typically non-repayable grants.

Honour Loans

Some student associations and local authorities offer honour loans (interest-free loans repaid on trust once the borrower enters employment). Less common than in France, they are gradually emerging in Morocco.

Repayment After Graduation

Managing repayment carefully is key to starting your professional life without excessive financial stress. Best practices include:

• ✓ Plan ahead before graduation: some banks allow partial early repayment once you have a first income (paid internship, fixed-term contract)
• ✓ Negotiate the repayment term after entering employment: a longer term reduces monthly payments but increases total cost
• ✓ Avoid taking on other credit immédiately after graduation: combining student loan repayment with a car loan or mortgage can weigh heavily on your initial budget
• ✗ Do not delay repayment without prior agreement: late-payment penalties can accumulate quickly

Frequently Asked Questions