You can apply for an interest-free loan to study abroad, but different countries and regions have different application conditions and methods. In some countries, governments or non-profit organizations offer interest-free loan schemes, and the loan amount and application qualifications are different, so they need to be selected according to specific circumstances. For single-parent families, some countries also provide special interest-free loan schemes to help them realize their dream of studying abroad. Before applying for an interest-free loan, it is recommended to collect relevant information, understand the specific application process and required materials, and choose the loan scheme that suits you best.

How to apply for an interest-free loan to study abroad? You can't apply for interest-free loans to study abroad.

1. You cannot apply for an interest-free loan to study abroad.

2, study abroad loan application conditions:

The lender's loan is used for tuition and fees and living expenses of overseas students;

The lender's age should not exceed 55 on the loan maturity date.

3, apply for study abroad loan materials:

My valid identity certificate, show my original passport and provide a copy for the record;

The admission notice of the school, as well as the proof materials of the total tuition and fees required by the students during their study period issued by the school; If the loan is issued according to the academic year, you should show the tuition and fees certificate for the next year before the end of each academic year.

If the property is mortgaged or pledged, a list of mortgaged property and pledged property and a letter of commitment or statement signed by the person who has the right to dispose of the property (including the property owner) shall be provided. For the mortgaged property, submit the value evaluation report issued by the relevant department and the insurance documents of the insurance department; for the pledged property, provide the right certificate.

Can international students get interest-free loans?

The loan for studying abroad refers to the foreign exchange consumption loan issued by the bank to international students or their immediate family members or spouses to pay tuition, miscellaneous fees and living expenses for studying abroad. The loan amount for studying abroad shall not exceed the sum of the registration fee, tuition, living expenses and other necessary expenses equivalent to RMB within one year specified in the admission notice or other valid admission certificates for studying abroad, with a maximum of 500,000 yuan. Overseas students can choose unsecured mortgage loans and unsecured personal consumption loans. Providing application materials is simple.

The loan applicant must open a settlement account with the loan bank, and the operating income shall be settled by the bank. In addition, the use of loans conforms to the relevant national laws and the bank's credit policy, and may not be used for speculative investment projects such as equity. Loan applicants need to provide certain guarantees, including real estate mortgage, certificate of deposit pledge, third-party guarantee, etc. In addition, they should provide banks with information about their credit status, repayment ability and loan investment as much as possible, which will improve the credit of loans and help them get loans smoothly.

The project conforms to the national industrial policy and regional economic development, and has good economic and social benefits. If entrepreneurs want to apply, they can consult the local labor department. At present, the relevant scheme has not yet determined whether the individual should repay the interest first, then the financial subsidy, or repay the financial interest in advance, but the financial discount is certain. The interest-free loan conditions of each bank are different, but the above items need to be met, and then there will be more procedures. Be sure to prepare complete materials before the loan, so as not to waste time running back and forth.

The loan applicant's investment projects need certain self-owned funds. This is an important condition for banks to measure whether to lend, because the amount of risk loans generally does not exceed 70% of the total working capital required by the lender for normal production and business activities, as well as the funds needed for purchasing small equipment and franchising. The loan applicant must open a settlement account with the loan bank, and the operating income shall be settled by the bank. In addition, the use of loans conforms to the relevant national laws and the bank's credit policy, and may not be used for speculative investment projects such as equity.