Can foreign exchange purchases that do not occupy the quota only be remitted to the school?

No, according to the inquiry, the purchase of foreign exchange by China residents must comply with the regulations on foreign exchange control. One thing that does not occupy the amount of foreign exchange purchased by individuals is that foreign exchange funds can be used for personal foreign exchange expenses such as studying abroad and emigrating, and must be practical, legal and effective, and can be directly spent abroad. You can choose to remit foreign exchange funds to institutions related to personal study abroad, such as schools and study abroad institutions, not just to schools. A quota is a specific quantity or range.