FAFSA has a current loan portfolio of $400 billion and more than $80 billion are lent by annually to over 14 million applicants. Their loans are also known under the names Sallie Mae and Stafford Loans and applicants can request between $3500 and $20500 to finance their study programme. The advantages of these loans include low interest rates and attractive repayment terms.

Before granting a loan to an applicant, FAFSA has to thoroughly audit each educational establishment which must prove its eligibility. It means all schools having been granted a FAFSA code are considered worthy, reputable institutions and only one other business school in France has been recognised by FAFSA.

Several US candidates for EDHEC's Masters programmes were pleased to hear this announcement and this should mean further US students on campus next year.