A driving license is an essential asset for accessing many professional opportunities and gaining independence. However, its cost can be prohibitive for many young people. The "1 Euro Per Day License" scheme was set up to facilitate access to a driving license by offering an accessible and advantageous financing method. Find out how this scheme works and how to benefit from it.

What is the 1 Euro Per Day License?

The "1 Euro Per Day License" is a government initiative launched in 2005 to help young people finance their driving license. This scheme spreads the cost of driving license training in the form of a zero-rate loan. The State covers the interest, which means that the young person only repays the amount borrowed, at a rate of one euro per day.

Objectives of the System

• Facilitate access to a driving license: Make the license more affordable for young people aged 15 to 25.
• Improve road safety: Encourage quality and comprehensive training to reduce the risk of accidents.
• Promote professional integration: A driving license is often a prerequisite for employment, particularly in professions requiring mobility.

How Does the 1 Euro Per Day License Work?

Eligibility Conditions

To benefit from the system, you must meet certain conditions:

1. Age: Be between 15 and 25 years old at the time of application.
2. Driving School Registration: The driving school must be a partner of the system and approved to offer this financing option.
3. Bank Loan: Take out a loan from a partner bank, the amount is paid directly to the driving school.

Amounts and Reimbursements

The amount of the loan can vary depending on the needs of the learner:

• €800: Minimum amount for partial financing.
• €1,000: Standard amount often sufficient to cover a large part of the training.
• €1,200: Maximum amount, generally for more comprehensive training.

Reimbursement is made at a rate of €30 per month, or approximately €1 per day, over a period of two to three years.

Advantages of the 1 Euro Per Day License

• Interest-Free: Thanks to the State covering the interest, the total cost of the loan is strictly equal to the initial cost of the training.
• Cost Spreading: Allows the expense to be smoothed out, which is more manageable for young people and their families.
• Easier Access: Reduces the financial barrier to obtaining a license, opening the way to more professional and personal opportunities.

How to Benefit from the 1 Euro Per Day License?

Steps to Follow

1. Choose a Partner Driving School: Make sure that the driving school you choose participates in the program.
2. Get a Quote: Ask for a detailed quote for the license training costs.
3. Subscribe to the Loan: Go to a partner bank with your quote to apply for the loan.
4. Sign the Contract: Once the loan is granted, you sign the training contract with the driving school.

Tips for Maximizing the System

• Compare Offers: Don't hesitate to compare driving schools to get the best value for money.
• Check the Approvals: Make sure that the driving school and the bank are partners of the system to avoid any inconvenience.

Conclusion

The "1 Euro Per Day License" is an innovative and advantageous solution for many young people who wish to obtain their driving license without immediately bearing the high cost of training. By making the license more accessible, this system helps to reduce inequalities in mobility and to promote the professional integration of young people. If you meet the conditions, do not hesitate to take advantage of this opportunity to facilitate your access to driving.