Detailed introduction of Changsha Bank's loan for studying abroad 1. The loan amount: generally, it does not exceed 8% of the total tuition and living expenses required during school, with a maximum of 8, yuan. 2. Term of the loan: generally one to six years, and the longest is not more than ten years including ten years. The specific term is determined according to the borrower's schooling and the nature of the guarantee. 3. Expected annualized interest rate of the loan: according to the contract amount, the expected annualized interest rate of the People's Bank of China will rise by about 3% based on the benchmark of the same period and grade. 4. Countries studying abroad: USA, Canada, EU, UK, Japan, Singapore, Australia and New Zealand. Application conditions for studying abroad loan of Changsha Bank 1. The borrower should have full capacity for civil conduct, and the actual age at the loan maturity date should not exceed 55 years old; 2. The borrower has no violation of laws and regulations, is in good health, has the character of honesty and trustworthiness, meets the learning and conduct standards required by the lender, and has no bad credit behavior; 3. The borrower shall hold the admission notice, acceptance letter and other valid admission documents and relevant necessary expenses certificates issued by the school to study abroad, and provide the academic credentials of the students to study abroad; 4. If the borrower is a student studying abroad, he should have a permanent residence or other valid residence status at the place where the lender is located before studying abroad, and if the borrower is a direct relative or spouse of the student studying abroad, he should have a permanent residence or other valid residence status at the place where the lender is located, have a fixed residence, have a stable occupation and income source, and have the ability to repay the principal and interest on schedule; 5. Promise to inform the lender of the work unit and effective access after leaving school in time. 6. Have a certain proportion of education expenses required by the educated; 7. If it is agreed in writing that it will not be repaid in loans overdue for half a year, the lender may announce its breach of contract in its school or the public media; 8. Providing collateral, pledged assets or third-party joint liability guarantee or insurance recognized by the lender; 9. If the borrower is married, he/she shall provide proof of marital status and contact information of his/her spouse; If the borrower is unmarried, his parents should be the borrower's contact person.