Perhaps studying abroad by loan is a relatively new thing for many students, but most students in Europe and America actually go to school by loan. Nowadays, major banks in China have also launched overseas study loan services. You can go directly to the bank and ask the lobby manager about the loan application conditions.

Not only domestic banks provide loans for studying abroad, but also many specialized institutions for studying abroad. For example, MPOWER Financing, a Washington, D.C.-based enterprise, completed the application and approval online, and even the loan approval directly transferred the expenses to the school, eliminating the trouble of running errands at first and the handling fee for purchasing foreign exchange. Another advantage of MPOWER, which is different from domestic bank loans for studying abroad, is that it does not need asset mortgage or guarantor guarantee, comprehensively evaluates the applicant's academic background and career development potential, and provides loan quotas ranging from $2,000 to the highest of $65,438+10,000, and the interest rate is fixed. In the current economic situation where the Federal Reserve raises interest rates one after another, this is almost impossible to be better. Students, hurry to find out.