Materials required for Canadian study loans

1. Materials required for Canadian study loans

1. Legal and valid identity documents (resident ID card, household registration book or other valid residence documents) and copies, if married The above information of the spouse should be provided at the same time;

2. Proof of stable economic income of the borrower (family);

3. Proof of stable occupation of the borrower;

4. Collateral or list of pledged items and proof of ownership;

5. Student’s enrollment certificate or admission notice, etc.;

6. Other documents required by the bank or information.

2. Canadian study loan policy

1. Conditions for enjoying interest-free student loans:

Canadian citizens or immigrants with work cards;

Proven financial difficulties;

Need to take out loans to complete studies;

Study full-time at a recognized university or college, or attend at least 60% of full-time university courses;< /p>

The performance during the period of study should not be lower than the average level;

There is no record of non-payment of student loans;

Applicants need to fill in the form and accept the review by the relevant departments Only after approval can you go to a designated bank to apply for an interest-free student loan.

2. Amount and time of student loan enjoyment

The time of student loan is generally based on the time needed for the major studied by the student, plus an additional year. For example, for a major that can be completed in four years, student loans can last up to five years. However, each person's lifetime interest-free student loan period is limited to 340 weeks, or approximately 6.5 years. And not every student is approved for a loan for such a long time, depending on the individual's specific circumstances such as majors.

Regarding the loan to buy a house, most of the suggestions are to guide us on how to do it, but here I would like to talk about the ten taboos of buying a house loan, which are also mistakes that consumers often make.

Don’t choose the wrong mortgage. There are many types of home loans to choose from, so compare them and come up with a plan to deal with a bad situation. Find out about your home loan's initial interest rates, mortgage interest rates, down payment amounts and penalties for late payments.

Do not confuse the concepts of pre-approval and pre-qualified. There has always been a big controversy between the two in the real estate industry. In fact, there is no explanation for these two rankings in the real estate dictionary, and their meaning cannot be defined.

There is a saying that pre-qualification means that the lender estimates how much loan it can provide you based on certain information. If you get a pre-approval card, it means that the lender has verified the information you submitted and, under the conditions, will give you a confirmed current interest rate. And many lending institutions understand it to have the same meaning.

If you are negotiating with a lending institution, ask them in advance how they define the terms pre-approval and pre-qualified, and what other requirements are required to obtain a loan.

Don’t apply for too many credit card accounts. Having too many credit cards equates to a poor credit history, even if you always pay off your debts on time. So applying for too many credit cards is tantamount to being denied a loan.

Don’t lie about information when applying for a loan. If you overstate your salary when applying for a mortgage, the lender will not sue you if you are found to have done so, but it will take back the loan.

Don’t sign the mortgage application form before filling out all the items, because lending institutions always exaggerate, so that after signing the form, the customer discovers that they cannot afford the mortgage amount at all.

Don’t hide around when you can’t repay your loan. Many people refuse to answer phone calls or receive reminder letters when encountering this situation. In fact, lenders have many ways to handle this situation, such as repossessing the mortgage or the house. But they generally won't do this. Instead, they will talk to the lender about the dilemma they are facing, unless you hide and leave the lender with no choice.

Don’t skip the home inspection to save money. The home inspector will help you carefully inspect the house from beginning to end, telling you whether the roof and basement are leaking, whether the mechanical equipment in the house is functional, and how long it is. They test better than you. So don’t make a small fortune just to save 300 to 400 yuan.

Don’t just use any real estate agency to sell your house. Each real estate agency is different, so ask them how they would like to sell your home on the market, what improvements you should make to the home to make it more attractive, and how much the home would sell for. If their answers are unsatisfactory then find another housing agency.

Don’t just find a house decorator. A good decorator will not go door to door asking to decorate for you, nor will they haggle on the cost. You can consult the decorator's old customers, his suppliers, the better local trade bureaus, and consumer affairs agencies.

Don’t pay a large sum of money for decoration just once. If the decorator asks you to pay one-third of the down payment, it is a scam. The worst case scenario is that they abscond without giving the decoration money. The better situation is that there is insufficient funds to buy raw materials or pay workers. No matter what, don't pay cash.

Don’t burn the mortgage deed when all the mortgage is paid off. Once you've paid off the loan, it's nice to burn the deed to the ground because now it's all yours. Don’t do this, find a safe and secure place to store all relevant documents.

3. What kind of families are suitable for studying in Canada

1. What kind of families are suitable for studying in Canada

1. Have certain financial ability;

2. Recognize Western values ??and educational concepts;

3. Pay attention to the long-term development of children, hoping to give children and families more choices for the future;

4. If it is When studying abroad in primary school and junior high school, parents must accompany them. Otherwise, if the child is too young and leaves the care of his parents, negative psychological problems will occur;

5. When studying abroad in high school, you can choose to stay with a host family and take care of a local guardian. At this time, the child has A certain degree of independence is also a good training for future university and work life, as well as integration into Western society;

6. Studying abroad in university can allow children to live independently.

2. What kind of children are suitable for studying abroad?

1. Have strong independent learning ability. There are no head teachers in middle schools and universities in North America, and there is no one in the school to supervise children's studies at all times. In addition, apart from leaving their parents, children need to have strong self-motivation ability. Therefore, before studying abroad, children must be fully mentally prepared and make plans for their future study and life. Especially children cannot be forced, as long as they truly accept it from the bottom of their hearts and choose their own path, they will go smoothly.

2. Have the ability to think independently. When children go out alone, I think it is more important to have a certain understanding of themselves and the world. Have a preliminary reflection on what is good and bad, what you should and should not do, and more importantly, what kind of person you want to be. In this way, in addition to ensuring that there will be no major deviations and dangers in the children's study abroad journey, more importantly, it will allow children to think about the ultimate proposition of life as early as possible. After all, academics are only a staged goal in children's lives, and their happiness and joyful life is our expectation as parents.

3. As for the living ability, there is no need to worry too much. With the care of the host family and guardian, coupled with the environment, the child's living ability will be developed soon. I didn’t know anything before I immigrated in my 30s. Now, after several years of training, I am a good master in life. I don’t think the ability to withstand stress is a problem. Children who grow up in China will have a much higher academic pressure tolerance than Canadian children. After overcoming environmental, language and social barriers, they will be more relaxed than children of the same age in China.

4. In short, children who have initially developed independent learning and thinking abilities can study abroad in middle school. As for accompanying students or boarding, it depends on the situation of each family. When it comes to your children studying abroad, you should be careful and bold, be bold and careful, always accompany your children psychologically and emotionally, and give your children confidence in their studies and life.

4. Guide to saving money by studying in Canada

1. Domestic language learning

The English training system in the country is already very mature, plus the average student , will have a certain amount of time to learn the basics, basically have already started, only need to improve the study, professional training schools can help everyone achieve this goal.

For domestic training, you only need to pay tuition, and you do not need to bear additional expenses such as accommodation, because there are usually places where you can study near the school or home, and the overall environment is also good. You can study professionally and improve your language at the same time.

2. Apply for credit exemption

This item is mainly for students who apply for transfer, that is, after receiving a certain period of professional study in China, they then apply for a Canadian university. As long as you can ensure that you are entering your major directly, you can apply for credit transfer, which can save time and money.

3. Save money on accommodation

Dormitory accommodation will be more cost-effective than off-campus accommodation, because it provides dormitories within the school or around the school, which can save transportation costs to and from get out of class. Moreover, the rent also includes the cost of water and electricity, and no additional payment is required.

As for off-campus accommodation, shared accommodation is more cost-effective than living alone, because all the expenses incurred by everyone in the public area during the accommodation can be flattened. copies, which can effectively reduce overhead.

IV. Apply for scholarships

For students with excellent abilities, they can also obtain rewards based on their own abilities. They are awarded to students with excellent academic performance. During the assessment, Students who achieve excellent results can directly receive awards from the school.

5. Part-time work

Of course, part-time work is also a good way, because during the study period, everyone will have a lot of time at their disposal, which can be fully utilized and carried out Some scattered part-time activities can not only make money, but also increase social resume.

6. Participate in internships

Internships are an unavoidable process in every academic year. Some majors will designate units, but in most cases, everyone still needs to do it themselves If you apply for a job, you can work full-time. Although you are an intern, the salary is not low.