All China citizens who have reached the age of 18 in China, have full capacity for civil conduct, hold legal identity documents and have a fixed residence in China can apply for personal student loans. Customers can choose educated people as borrowers according to their own needs, or their immediate family members or legal guardians as borrowers; If the actual user is under the age of 18, the legal guardian shall be the borrower.

Specific instructions:

I. Purpose of the loan

Loans can be used for RMB and foreign currency loans for tuition and miscellaneous fees, transportation expenses, living expenses, study abroad deposit and other related expenses of the borrower himself or his immediate family members and legal guardians attending overseas educational institutions recognized by the Ministry of Education of China.

Second, the loan term.

Tuition, transportation and living expenses can be used up to 10 years (inclusive). The maximum use period of study abroad deposit shall not exceed the borrower's study period.

Third, the loan currency.

Rmb, USD, JPY, EUR, GBP, HKD, AUD and CAD.

Fourth, the maximum loan amount.

The purpose of the loan is to pay tuition and fees, transportation expenses and living expenses, and the maximum amount shall not exceed 80% of the sum of all the expenses required for the educated to study abroad. Tuition and miscellaneous fees are subject to the valid certificate issued by the school, and the amount of living expenses and transportation expenses is approved according to the countries and regions studying abroad, and the maximum amount can reach RMB or equivalent foreign currency1.20,000-200,000 yuan/year. The maximum deposit for studying abroad can reach 6.5438+0.5 million yuan or equivalent foreign currency.

Verb (abbreviation for verb) loan interest rate

The loan interest rate adopts the method of "benchmark+floating/plus point". Renminbi loans are based on the interest rate announced by the People's Bank of China. Foreign currency loans are based on the international financial market interest rate or the official interest rate issued by the relevant countries, and are determined according to the loan currency.

The guarantee mode of intransitive verbs

Mortgage, pledge, natural person guarantee or combination guarantee can be accepted, and eligible borrowers can use credit.

Seven. make loans

After the individual study abroad loan is approved, 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 (foreign currency loan borrowers should prepare enough foreign exchange for repayment by themselves, and RMB repayment is not accepted).

Nine, the repayment grace period

The lender may grant the borrower a certain grace period, and the longest grace period for individual study abroad loans shall be 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.