1. The original legal and valid identity certificate, household registration certificate or other valid residence certificate of the borrower and the repayment person, and the valid identity certificate of the educated person, and provide copies of the above documents;
2. Proof of the relationship between the borrower and the educated;
3. Proof that the borrower recognized by the lender and its repayment partner have a fixed occupation and stable economic income;
4. The admission notice and other admission documents of the educated students attending the school, as well as the original relevant materials of the total amount of tuition and fees and living expenses required by the students attending the school (the school must be an overseas institution of higher learning recognized by the Ministry of Education of China), and the valid certification materials of the students attending the school (including student ID card, tuition payment voucher of the previous year, valid study visa, etc.). ) should also be provided;
5. If the property is mortgaged (pledged), a valid certificate of rights of the mortgaged property and a commitment or statement signed by the person who has the right to dispose of the property (including the property owner) agreeing to mortgage (pledge) shall be provided. Collateral shall be submitted to the value appraisal report issued by the appraisal agency recognized by the lender, and the pledge shall provide proof of rights, and the third party guarantee shall provide written documents and relevant certification materials that the guarantor agrees to undertake irrevocable joint and several liability guarantee;
6. The borrower, the repayment party and the guarantor shall personally issue and sign a written authorization to allow the bank to inquire about their personal credit reports;
7. Other supporting documents and materials required by laws, regulations and regulatory provisions.
Second, the loan term.
The loan term is generally one to six years, and the longest is not more than ten years (including ten years). The specific period is determined according to the borrower's schooling and the nature of the guarantee.
Third, the loan currency.
Dollar, pound, euro, yen, HKD.
Fourth, the maximum loan amount.
In principle, the loan amount shall not exceed 80% of the total amount of tuition and fees and living expenses required by the educated during their school days.
Verb (abbreviation for verb) loan interest rate
The loan interest rate is priced according to the foreign exchange loan interest rate (floating).
The guarantee mode of intransitive verbs
Can accept mortgage, pledge, third-party guarantee and other security methods.
Seven. make loans
After the examination and approval of foreign exchange loans for studying abroad, the repayment method will be selected according to the Interim Measures for the Administration of Personal Loans and the actual use of the funds, and the local BOC outlets will be consulted in detail.
Eight. Repayment method
My repayment method in China is overseas remittance, online banking or entrusting others (borrowers need to prepare enough foreign exchange repayment by themselves, and RMB repayment is not accepted).
Nine, the repayment grace period
The lender may give the borrower a certain grace period, and the longest grace period for studying abroad in foreign exchange is 2 years, which shall not exceed the schooling years of the educated. During the grace period, only interest is paid, not principal. The borrower shall repay the loan principal and interest on schedule as agreed in the contract from the next month after the expiration of the grace period.