Legal basis: Measures for the Administration of Commercial Student Loans
Article 16 A borrower may apply for a commercial student loan directly from the lender in the place of origin, that is, apply for a student loan, or apply for a commercial student loan in the place where the school is located, that is, apply for a student loan; However, the lender shall not accept the borrower's repeated application for loans in his place of origin and place of study.
Article 17 When accepting a borrower's application for a commercial student loan, the lender shall require the other party to submit a written loan application, fill in the relevant application form, and submit the following documents, certificates and materials:
(1) The borrower's legal identity documents (including the original ID card, household registration book or other valid residence documents), and provide copies of the above documents;
(2) Proof of the relationship between the borrower and its legal representative as required by the lender;
(3) proof of the economic income of the borrower or his family members;
(four) the borrower provides the admission notice or the admission notice of the school for the freshmen, and the borrower provides the student ID card or other proof of school status if he is already at school;
(5) Relevant materials on the total amount of tuition, accommodation and living expenses required by the borrower during his study at school;
(VI) If the real estate is used as collateral, the certificate of the collateral and the commitment letter signed by the owner (including the owner of the real estate) to agree to mortgage (pledge) shall be provided, the collateral shall be submitted with the value evaluation report issued by the institution recognized by the lender, and the collateral shall be provided with the certificate of rights. If the collateral is guaranteed by a third party, a written document and relevant credit certification materials shall be issued.
(seven) the borrower and the guarantor shall personally issue and sign a written authorization to allow the bank to inquire about their personal credit information;
(8) Other supporting documents and materials required by the lender.