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What is the withdrawal limit of China Merchants Bank's student loan?
What should I do if the student loan of China Merchants Bank is overdrawn?

1.

The funds are directly transferred to students' Alipay accounts, and then the tuition fees are distributed to university accounts through Alipay accounts, and the remaining funds can be directly taken out or used by students in Alipay accounts.

2.

The funds are directly transferred to the university account, and then transferred to the bank card bound by the students after deducting the tuition fees of the students. Take China Merchants Bank as an example. After deducting tuition fees, the remaining funds will be automatically distributed to the students' China Merchants Bank card.