The borrower must meet the following seven 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 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 be willing to bear joint and several liability for repayment;

7. Meet other conditions stipulated by the lender.

Application conditions for studying abroad loan:

The lender's loan is used for tuition and fees and living expenses of overseas students;

The lender's age should not exceed 55 on the loan maturity date.

Materials for applying for study abroad loan:

My valid identity certificate, show my original passport and provide a copy for the record;

The admission notice of the school, as well as the proof materials of the total 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.

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 property co-owners) agreeing to mortgage or 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.

Precautions:

1, indicating the purpose of the loan.

When a friend who goes abroad applies for a loan for studying abroad, the applicant must clearly state that the purpose of the loan is to study abroad.

2. Need to prepare an English version of the loan contract.

At present, many banks provide loan services for studying abroad, but not all banks can provide English versions of loan contracts for studying abroad. This is also what customers need to pay attention to when handling the loan procedures for studying abroad. If there is no English version, visa application may be a bit troublesome.

3. Pay attention to your integrity

When you apply for a loan for studying abroad, you should check your integrity. Banks can know the borrower's integrity by querying the credit records. Honesty is very important in studying abroad.