Interpretation of New Zealand Study Abroad Loan

# Studying in New Zealand # Introduction The loan for studying in New Zealand has become a very common thing. The following is a shared interpretation of the New Zealand study abroad loan. Welcome to read the reference!

1.

1. Why did Immigration New Zealand launch a study abroad loan?

The purpose of the study abroad loan is to facilitate China citizens to apply for student visas to study in New Zealand. This loan is applicable to any China applicant who plans to study in New Zealand for more than 12 months. On the one hand, studying abroad loan provides a new way for applicants to prove their financial ability, on the other hand, it also makes visa application more convenient. If you don't use the loan for studying abroad, the applicant needs to provide the deposit certificate for the past six months, and the average deposit settlement balance is above 500,000-600,000 RMB.

2. Who is eligible to apply for a loan for studying abroad?

Any applicant from Chinese mainland can prove that they have the ability to pay for studying in New Zealand with the study loan.

3. Which immigration office accepts the loan for studying abroad?

The offices of Immigration New Zealand in Hongkong, Shanghai and Beijing accept study loans from CITIC Industrial Bank and China Bank as proof of students' financial ability. The loan for studying abroad is not applicable to other visa types and other offices of Immigration New Zealand.

4. Where can I apply for a loan for studying abroad?

At present, this service is only available in the following major city branches of CITIC Industrial Bank and Bank of China:

Beijing, Tianlv, Jinan, Zhengzhou, Chongqing, Shanghai, Hangzhou, Ningbo, Shijiazhuang, Shenyang, Xi 'an, Wuhan, Nanjing, Suzhou, Guangzhou, Dalian, Qingdao, Chengdu, Kunming, Changzhou, Wuxi and Shenzhen.

5. Is the loan for studying abroad the same between CITIC Industrial Bank and China Bank?

The loan requirements of the two banks are different. There is no difference in the purpose of applying for studying in New Zealand. Applicants can choose any bank to apply for student loans.

6. What is the loan amount that a third party can apply for?

The amount of the loan depends on the student's study plan and the applicant's family economic situation. If the applicant uses the loan for studying abroad as proof of funds, we recommend that the applicant apply for a loan of 400,000-500,000 RMB for directly studying degree courses or other higher education courses. For other applicants, such as students who want to learn English, plus preparatory courses and diplomas or degree courses, the loan amount they can apply for is 500,000-600,000 yuan.

7. What are the repayment requirements?

The applicant can repay the loan on a monthly, quarterly or annual basis according to the requirements of the bank. Only when students finish their studies ahead of time or terminate their studies are they allowed to repay in advance. The applicant must apply to the New Zealand Immigration Bureau where the visa is issued for a letter of proof, and then he can use this letter of proof to go to the bank for early repayment. CITIC Industrial Bank and Bank of China are only allowed to repay in advance if they confirm to the New Zealand Immigration Bureau that the applicant has terminated his studies.

8. What are the operating procedures for studying abroad loans?

The following steps are for reference only. Please contact your local bank and verify the details.

Step 1: The applicant (or his parents) directly applies for a loan from CITIC Industrial Bank or China Bank. Applicants can obtain special application forms from CITIC Industrial Bank or China Bank.

Step 2: CITIC Industrial Bank or China Bank will review the loan and evaluate the loan collateral according to the bank's loan policy.

Step 3: If the loan application is approved, CITIC Industrial Bank or China Bank will issue a letter of study abroad loan to the applicant or his parents.

Step 4: The applicant submits the visa application materials and the notice of studying abroad loan to the New Zealand Immigration Bureau.

Step 5: Immigration New Zealand handles visa applications, including verifying the notice of studying abroad loan. If all the conditions meet the requirements, Immigration New Zealand will inform the applicant in writing that his visa has been approved in principle.

Step 6: The applicant goes to the bank to start the loan with the approval letter of the visa application principle. The bank will issue a loan certificate for studying abroad to prove that the loan has been started.

Note: If the visa is revoked or refused, Immigration New Zealand will inform the applicant of the application result in writing. Applicants should hold this notice within 3 days to inform the bank that they no longer need loans.

Step 7: The applicant submits the loan certificate for studying abroad and other materials listed in the letter of approval in principle to the New Zealand Immigration Bureau to complete the final formalities.

Step 8: If the applicant has completed his studies in New Zealand before the end of the loan period, he can contact the New Zealand Immigration Bureau to issue a letter to prove that he has completed his studies. After the New Zealand Immigration Bureau issues this letter, the applicant can use this letter to ask CITIC Industrial Bank or Bank of China to unfreeze its funds.

2. Application materials for studying in New Zealand

I. Academic materials

The first thing to show is your education and report card. The former is the formal certificate of completion after you have completed the phased study. As long as you pass the examination smoothly, you will get it automatically. You can issue a temporary certificate by the school first, and then submit complete materials.

Then there is the average report card of everyone's exam. What you need to prepare is everyone's score in the final examination of each semester. This part of the material shows everyone's performance in professional study, which requires excellent grades and school seal certification.

Second, language materials.

Although students have basic knowledge of English learning in China, the scores of CET-4 and CET-6 or TEM4 and TEM8 are not internationally accepted, so everyone must take standardized tests such as IELTS or TOEFL.

There will be many exams every month, and everyone can register freely to confirm the time. Quotas are generally sufficient. After the exam, the results usually come out in a week, and the official report card will be issued within half a month. You can submit this material directly.

Three. File material

Resume is an overview of personal situation, so it should be concise and clear about the basic situation; Resume is a demonstration of everyone's professional performance and comprehensive skills, which needs certain content support, so it should be written around your own advantages.

Letter of recommendation is the evaluation of others, which should be objective and true, and the recommender has a certain position in the professional field; Art applicants also need to prepare a portfolio, which is the most important part of the evaluation and show their strength as required.

Four. application form/application

Although everyone has submitted their own application forms online, this form is also needed in the materials submitted online to facilitate the auditors to locate the applicants and not to miss or miss the applicants.

After filling out the application form online, you can print it directly and finally sign it by hand.

3. New Zealand study abroad application process.

First, choose schools and majors.

Don't choose a school for the purpose of studying. New Zealand's education system is rigorous. Don't choose eight national universities unless the students are excellent. Relatively speaking, polytechnic and private schools pay more attention to practice and are more conducive to future employment. It is suggested that students choose their majors according to their interests and specialties, and it is most appropriate to choose the majors that they are interested in and conform to their specialties.

Second, prepare the application materials

Different academic qualifications have different requirements. After signing the agreement, we will specially guide you to prepare relevant materials.

Third, apply for schools.

It usually takes 10-30 working days to apply for a bachelor's degree.

The Polytechnic is about 10 working days.

Language course application takes about 10 working days.

It takes about 1-2 months to apply for a master's degree.

Fourth, apply for a visa.

General requirements for visas:

1, proof of funds for living expenses and tuition fees during the study period, more than half a year, less than half a year, and the source should be explained.

2. Students have no infectious diseases.

3. The student has no bad criminal record.

Verb (abbreviation for verb) Pre-approval of visa

After the visa is pre-approved, the payment of tuition and living expenses guarantee will be handled.

Intransitive verb visa pass

After getting the visa, you can arrange your trip to New Zealand. At this time, you can apply for school accommodation and arrange transportation.