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 for studying abroad and living expenses. The borrower of a loan for studying abroad must meet the following conditions:
1. The borrower has full capacity for civil conduct, and the actual age of the loan due date is no more than 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 currently limited to mortgaged property; Pledged goods are currently limited to government bonds, bank certificates of deposit, corporate bonds and other securities; The guarantor shall be a legal person or natural person with compensatory ability, and be willing to bear joint and several liability for repayment;
7. Other conditions stipulated by the lender.
The loan amount for studying abroad shall not exceed the sum of the equivalent RMB of the registration fee, tuition, living expenses and other necessary expenses specified in the admission notice or other valid admission certificates of foreign study schools, and the maximum amount shall not exceed RMB 500,000. At the same time, the following conditions must be met:
1. If the mortgaged property is used as collateral, the loan amount shall not exceed 60% of the collateral value recognized by the lender;
2. The loan amount shall not exceed 80% of the value of the pledged property if it is pledged by treasury bonds or bank certificates of deposit; Where corporate bonds are pledged, the loan amount shall be determined according to the credit status of the bond issuer, and the amount shall not exceed 60% of the face value of the pledge;
3. If a third party provides joint liability guarantee, and the guarantor is a legal person recognized by the bank, the loan can be paid in full; If it is a natural person recognized by the bank, the loan amount shall not exceed 200,000 yuan. The term of the loan for studying abroad shall be determined according to the duration of studying abroad, the income of the borrower and the guarantee ability of the guarantor and collateral, and the longest term shall not exceed six years (including six years).
2. Types of universities studying in Singapore
University type
Universities in Singapore are mainly divided into three categories. First, there are six national universities devoted to academic teaching. Second, there are 5 polytechnics focusing on professional education; Finally, there are private universities. Private universities are private schools jointly taught by Australian branches in Singapore or overseas institutions and Singapore Vocational and Technical School, and are an important supplement to public education. Public schools are demanding, and they will look at college entrance examination results, English scores, interview competitions and so on. And private universities are more flexible in admission. They only need to provide high school grades to apply, and they can use the school's internal test instead of IELTS TOEFL. The opening hours are flexible, and students can choose according to their actual situation.
1, public university
There are six public universities in Singapore: National University of Singapore, Nanyang Technological University, Singapore Management University, Xinyue University, Singapore University of Science and Technology Design and Singapore Technological University.
The above six universities are all four-year undergraduate courses, and their diplomas are recognized internationally and domestically. In particular, the National University of Singapore (NUS) and Nanyang Technological University (NTS) are the top two universities in Asia.
Applying for a public undergraduate course requires at least 50 points in the college entrance examination. And you need IELTS 6 or TOEFL 85 (online test) before the application starts every year. Public universities in Singapore officially start classes in August every year.
The application for passing the college entrance examination starts from June 65438+ 10 every year and ends at the beginning of February the following year.
2. Technical College
There are five Singapore Institutes of Technology: Singapore Institute of Technology, Singapore Ang 'an Institute of Technology, Nanyang Institute of Technology, Singapore Temasek Institute of Technology and Singapore Institute of Technology.
The above five polytechnics are all government colleges in Singapore. Their rigorous style of study has always been highly praised by the education community. It is recognized as a world-class comprehensive university, focusing on cultivating and training future engineering and technical talents.
Students' diplomas are not only internationally recognized (including China), but also can apply for further study in Singaporean or Australian, Canadian, British and American universities.
3. Private universities
There are many private schools in Singapore, all of which are under the strict supervision of the Singapore Ministry of Education. There is no such thing as a diploma workshop. These private schools usually offer courses in cooperation with internationally renowned universities in the United States, Britain and Australia, giving students the opportunity to receive international education. Moreover, the diplomas and degrees of private universities in Singapore are globally recognized.
The teaching system of private universities is flexible, and excellent students can complete undergraduate courses and obtain degrees in the shortest time, and enter the master's degree earlier than their peers. Moreover, the diploma degree of private universities in Singapore is recognized worldwide.
Compared with only six public universities and five polytechnics, the threshold for private universities in Singapore will be lower.
3. About the living expenses of studying in Singapore.
1, meals
The local food shows the characteristics of national integration. There are many kinds of Chinese food and western food here, and the specialties of neighboring countries can basically be found, and most of the prices are very close to the people, which is easy for the student party to obtain. You can try more.
The price difference between canteens and restaurants will not be great, because the price itself is relatively cheap, and everyone can buy food and cook by themselves, and the cost will be lower. On average, everyone can prepare 1500 yuan in a month to eat well.
2. Residence
Need to consider the influence of different accommodation methods, need to compare and confirm carefully, and choose the one that suits you best. There are mainly differences between dormitories, apartments and host families. The first one will be the first choice for most students, and the price is more cost-effective.
At present, students living on campus should prepare the rent for 1500 yuan at least one month; Students who rent a house reserve a fee of 2000-3000 yuan according to the room type they choose and whether they share it; If boarding, considering the services provided at home, it will cost about 3000 yuan a month.
3. Transportation costs
The choice of usual travel needs to consider the distance between the residence and the school, as well as the frequency of your own travel, and be prepared according to the frequency. Generally speaking, after getting a card, you only need to prepare about 300 yuan in one month.
4. Communication costs
Moreover, mobile phone fees and broadband fees are generally bundled. The communication here is very developed. When you make a bag, you can choose more items. Just make sure it suits you, generally below 100 yuan.
5. Other expenses
Mainly the money that everyone needs to spend on shopping. This part is the cost that everyone will be greatly affected. What needs to be considered is your own consumption level. Think twice before you buy something, and choose something more cost-effective, including buying clothes and daily necessities.
Shopping malls here often have discounts, and there will be great discounts in different seasons. Generally speaking, it will still be cheaper. The price level is within the acceptable range, and the monthly budget of 1500 yuan is enough.