Education loans are loans provided by credit institutions to enable students to enjoy higher education. Most of them are low-interest or even interest-free, with a long repayment period. There are certain conditions and limits for obtaining loans, which are usually organized and implemented by private financial institutions, guaranteed by the government, or implemented by financial institutions or specialized agencies affiliated to the government.

Education loan conditions:

1. The applicant is the guardian of the qualified students;

2. Have a local permanent residence;

3. Proof of studying abroad;

4. Have a stable occupation and economic income;

5. Collateral or pledge recognized by the bank;

6. Other conditions stipulated by the bank.

prepare the relevant application materials, apply to the bank for a loan, and after approval, the bank will issue a loan notice. Hand over the loan notice and other visa application materials to the Immigration Bureau. After the application is passed, a letter of approval in principle for visa application will be issued, and the loan will be handled at the loan bank with the letter of approval in principle. The bank will issue a loan certificate for studying abroad and at the same time issue money to its savings account.