1. What is the loan for studying abroad in China? The loan for studying abroad refers to the foreign exchange consumption loan issued by the bank to overseas students or their immediate family members or spouses to pay tuition and 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 within one year specified in the admission notice or other valid admission certificates of foreign study schools, and the maximum amount shall not exceed RMB 500,000. The loan for studying abroad can be unsecured mortgage loan or unsecured personal loan for personal consumption. Just provide the application materials: ID card, proof of income, proof of work and proof of loan use. Ii. loan conditions the borrower must meet the following seven conditions: 1. The borrower shall have full capacity for civil conduct, and the actual age of the loan due date shall not exceed 55 years old; 2. The borrower has no violation of laws and regulations, is healthy, and is honest and trustworthy; 3. If the borrower is an overseas student, he should have a permanent residence or other valid residence status at the lender's place before studying abroad; 4. If the borrower is an immediate family member or spouse of a student studying abroad, he should have a permanent residence or other valid residence status in the area controlled by the lender, have a fixed residence, have a stable occupation and income source, and have the ability to repay the principal and interest on schedule; 5. The borrower shall hold an admission notice or other valid admission certificate issued by the school where the student intends to study abroad; 6. The borrower shall provide property mortgage, pledge or third-party guarantee recognized by the lender. Mortgaged property is limited to property with mortgage right; Pledges are limited to securities such as government bonds, bank certificates of deposit and corporate bonds; The guarantor shall be a legal person or natural person with compensatory ability and willing to bear joint and several liability for repayment; 7. Meet other conditions stipulated by the lender. Iii. Application materials for studying abroad loan 1. Your valid identification, show the original passport and provide a copy for the record; 2. The "Admission Notice" of the school, and the proof materials of the total amount of 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. 3. 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) agreeing to mortgage and pledge 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. If the funds for studying abroad are insufficient, or the assets and fixed deposits are insufficient, loans are needed. Australia and New Zealand are the main countries that accept student loan certificates from China. CITIC Industrial Bank has been designated in New Zealand, and there are six financial institutions recognized by Australian Immigration Bureau: Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, CITIC Industrial Bank and Shanghai Pudong Development Bank. Some China students want to study abroad to learn more knowledge, but in the case of insufficient funds, they usually choose to study abroad loans. Therefore, study abroad loans solve the problems of tuition and living expenses for many international students, but not all students can apply for study abroad loans, and they also need to meet certain conditions.