Potential borrower
Applicants for study abroad loans are students who intend to study abroad or their immediate family members, as well as their spouses. Borrowers can choose whether to borrow as students or let their parents or legal guardians be borrowers according to their own needs.
Letter of credit clause
If you want to apply for a loan for studying abroad, you must first meet several hard conditions. The borrower must be a person with full capacity for civil conduct and ensure that the loan does not exceed the age limit of 55 when it expires. You need to hold the admission notice or other valid certificates of the school you plan to study abroad, as well as the completed entry visa passport. In addition, the borrower must have a stable address, occupation and income source to escort the road to study abroad. Good credit is the key, and any violation of law and discipline is a taboo.
Amount and duration of study abroad loan
The loan amount for studying abroad in the UK shall not exceed the sum of school registration fees, tuition fees, living expenses and other necessary expenses within one year, with a maximum of 500,000 yuan. The longest period is 6 years (including 6 years), which ensures that you have no worries about studying abroad.
Application material
To apply for a loan for studying abroad, you need to provide valid identification, tuition certificate, mortgage or pledge information, etc. Valid identification includes the original and photocopy of the passport for filing; The tuition fee certificate requires an admission notice and a certificate of tuition and fees, and the certificate of tuition and fees for the next year must be presented before the end of each academic year; The mortgage or pledge materials shall provide relevant lists, certificates and consents, the collateral shall provide a value assessment report and insurance documents, and the pledge shall provide proof of rights.