How to apply for a study abroad loan in Singapore

1. How to get a loan for studying in Singapore?

First, how to apply for a loan for studying abroad

In the case that the borrower has collateral, it is possible to realize the study abroad plan by handling the real estate mortgage loan business. From the information you provided, we can know that the property you want to mortgage still has a loan, so your property cannot be mortgaged. Banks require that the property that can be mortgaged must be a property with clear property rights and no debt. And your property does not meet the requirements.

Second, the loan application 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.

Three. Matters needing attention in loan application

1. When handling the loan for studying abroad, it must be clearly stated that the loan is for studying abroad.

2. Be sure to apply as soon as possible. After determining the direction of studying abroad, we should begin to prepare. Because the loan for studying abroad needs to be mortgaged by real estate, treasury bills, certificates of deposit, etc. The loan amount will vary with the collateral, so the business is more complicated, and generally additional foreign institutions need funds to be deposited in the bank for a period of time as the above deposit, and the bank will issue relevant certificates, so the earlier the loan for studying abroad, the better, generally 6 months in advance, about a week can be successfully handled.

3. It should be noted that not all banks will provide the English version of the loan contract for studying abroad by knowing the loan information in advance. If there is no English version, you may encounter some trouble when applying for a visa.

2. Introduction of study abroad accommodation in Singapore

First, the school dormitory

Dormitory provided by the school is the best choice for international students, but the supply of dormitories is limited, so you need to apply in advance. Student dormitories are divided into single rooms and multiple rooms. You can apply according to your actual situation.

The advantage of school dormitory is that it is cheap, and the facilities in the room are relatively complete, with bathrooms and so on. Besides, living with people from different countries can also increase your knowledge and improve your interpersonal skills, but living here is less personal privacy.

Monthly rent 160-550 Singapore dollars.

Second, the student apartment

Student apartment is the exclusive accommodation provided by the school to international students, with complete facilities and diverse life services, which provides maximum convenience for international students.

The apartment not only provides accommodation, but also provides three meals a day and medical services. The apartment will also be managed by a special person, which is more humane than the general off-campus rental, but the living expenses here are relatively expensive, which is difficult for ordinary international students to bear.

The monthly rent is 900- 1500 Singapore dollars.

Third, government housing units.

Government apartments are houses provided by the Singapore government to ordinary people, and international students can also rent them. Most international students will choose to share it with others.

International students living here can enjoy the same treatment as their own, and the house price is regulated by the government. Don't worry about black intermediaries or being cheated. Most students who choose to rent a house off campus choose this way.

The monthly rent is 500-800 Singapore dollars.

Fourth, host families.

For students with weak self-care ability and younger age, B&B is a good choice. The application for B&B is strictly reviewed, so you can feel free to apply boldly.

Living here, foreign students can feel the split at home to a certain extent, can alleviate their homesickness, and will also be taken care of by their families here, which will be very helpful to them after making good relations.

Monthly rent 1000- 1600 Singapore dollars.

3. Take stock of the eight advantages of studying in Singapore

1. The country with the most stable public security

Singapore has a sound legal system, advocates equality before the law, has clear values in dealing with people, has the lowest corruption rate in the world, has a high efficiency in government work, and its public security environment is a model in Asia. Singapore is the country with the most stable public security and the lowest crime rate in the world.

2. Bilingual environment

Singapore is a multi-ethnic society, with Chinese accounting for 70% of the population. Singapore is a bilingual country (Chinese and English). The official administrative language is English, and students receive English education, but they can conduct academic exchanges in Chinese. Living habits, culture and diet can also reassure China parents to let their children study in Singapore.

3. Excellent education system

Singapore has a good education foundation, and the Singapore government's investment in education accounts for 4% of the gross national product. Singapore has continued the British education system, and the certificates of secondary and senior high school entrance examinations are issued by Cambridge University. Their education level and diplomas are recognized by universities all over the world, and they can choose to transfer to other countries for further study after graduation.

4. Low barriers to entry

You don't need college entrance examination scores or TOEFL IELTS scores to study in Singapore. You only need a high school education of more than 65,438+0 years to go to college.

5. Cheaper study abroad fees

The cost of living in Singapore is close to that in China and other big cities, only one third of that in Europe and America. Students can get huge benefits with the least investment.

6. The "golden springboard" to Europe and America.

The credits of Singapore schools can be transferred to European and American universities, and the visa is relatively simple, which is a springboard to Europe and America.

7. The most livable city

Singapore is called "Garden City Country" because of its clean environment and pleasant climate. There are flowers and green spaces everywhere, and the sanitary conditions of residential areas and streets are very good. Geographical location is located at the equator, the temperature and precipitation are stable all the year round, there is no obvious seasonal difference, and there is a good living environment and social security. It has been rated as the most livable city in the world for many years, ensuring the learning environment for students.

8. Loose immigration policy

After studying in primary and secondary schools in Singapore for more than two years, after graduating from university within one year, you will have the opportunity to apply to become a permanent resident and citizen of Singapore. Moreover, Singapore has a low unemployment rate in the world and high employment opportunities.