I want to study abroad, but what should I do if I have no money?

If you want to study abroad and have no money, you can choose a loan.

Application conditions:

First of all, understand what a study abroad loan is: Study abroad loans are only applicable to commercial loans. Study abroad loans refer to foreign exchange consumption loans issued by institutions to students studying abroad or their immediate family members or their spouses to pay for their tuition, miscellaneous fees and living expenses required for studying abroad.

1. Application conditions for study abroad loans

The purpose of the loan is to be used for the tuition and living expenses of overseas students

The age of the borrower must be under No more than 55 years old on the loan maturity date.

2. Study abroad loan application materials

1. Your valid identity certificate, present your original passport and provide its copy for archiving;

2. The "Admission Notice" from the school where you are studying, and documentation issued by the school that certifies the total amount of tuition and miscellaneous fees required for the student's study period; if the loan is issued on a school year basis, you should provide the next year's tuition and miscellaneous fees before the end of each school year. prove.

3. If property is used as a mortgage or pledge, a list of mortgages, pledges, and a commitment or statement signed by the person with the right to dispose of the property (including the owner of the property) agreeing to the mortgage or pledge should be provided. For the collateral, a value appraisal report issued by the relevant department and insurance documents from the insurance department must be submitted. For the pledge, a document proving the right of the pledge must be provided.

If you don’t have enough funds to study abroad, or if you don’t have enough assets or fixed deposits, you will need a loan. The countries that accept Chinese student loan certificates are mainly Australia and New Zealand. New Zealand has designated CITIC Industrial Bank, and there are 6 financial institutions recognized by the Australian Immigration Bureau: Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, CITIC Industrial Bank and Shanghai Pudong Development Bank.