As a traditional education powerhouse, the UK has a large number of applicants every year. However, as more and more people in China choose to study abroad, study abroad loans have also become the choice of some parents. So, how to apply for a loan to study in the UK? The following is aboutHow to apply for a loan to study in the UK?Apply to study in the UK, ,Application requirements for studying in the UK, ,UK study application submission periodThe problem.

How to apply for a loan to study in the UK

1. How to apply for a loan to study in the UK

1. Requirements for applying for a UK study loan

According to the relevant regulations of domestic banks, applicants for overseas study loans must be at least 18 years old, have full civil capacity, and must not be older than 55 years old by the loan maturity date. If the actual borrower is under 18 years old, his or her legal guardian should be the borrower. The borrower must be in good health, have good conduct, and have good credit.

II. The amount and duration of study abroad loans

Theoretically, the amount of study abroad loans should not exceed the total amount of tuition and living expenses required by the applicant during the study period. The specific amount varies from bank to bank, generally ranging from 500,000 to 1 million yuan, and you can consult for details. The term is usually 1 to 6 years, and some banks can reach 10 years.

3. Loan Methods for Studying Abroad in the UK

(1) Real estate mortgage: The loan amount shall not exceed 60% of the value of the mortgaged property approved by the lender.

(2) Pledge: The loan amount shall not exceed 80% of the value of the pledged property.

(3) Credit guarantee: If a third party provides joint and several liability guarantee, the full amount can be disbursed if the guarantor is a legal person recognized by the bank; if the guarantor is a natural person recognized by the bank, the loan amount shall not exceed RMB 200,000.

IV. Application Materials for UK Study Abroad Loans

1. Borrower's identity certificate and education certificate

2. Admission letter from a foreign school and proof of required expenses

3. Visa and passport that have been processed

4. Income certificate of the borrower (or guardian)

5. Mortgage or pledge certificate of relevant property

6. If there is a third-party guarantee, provide the guarantor's credit certificate

2. Banks for applying for loans for studying in the UK

1. Agricultural Bank of China

Agricultural Bank of China has a personal loan specially prepared for international students, with an amount of up to 1.5 million yuan and a loan term of no more than 5 years. It can be applied for by the individual, his/her immediate family members, and legal guardians. You need to provide a certificate of qualification for studying abroad, including a deposit certificate and a certificate for studying abroad. Comprehensive preparation can improve your visa application.

2. CCB

CCB has a study abroad product called "Xue Yi Dai", which can be used not only by international students but also by higher education personnel in the amount of 1 million. "Xue Yi Dai" can adopt mortgage, pledge, credit and "mortgage + pledge" combination loan methods. Support includes equal principal and interest method, equal principal method, principal and interest repayment method at maturity, and principal and interest repayment method on schedule. For loans with a term of more than one year, the monthly equal principal and interest repayment method or the monthly equal principal repayment method must be adopted.

3. ICBC

The highlight of ICBC's overseas study loan is the high loan amount, which can reach 2 million yuan, and the long term. In combination with the overseas study loan, supporting services such as credit certificate, personal foreign exchange purchase, foreign exchange settlement, witness account opening, overseas account opening, and international credit card processing are provided. The loan can be issued at the first application, or it can be issued separately according to the borrower's tuition, accommodation and living expenses payment period.

4. Bank of China

Bank of China offers a deposit-one-loan-nine-deposit loan. For example, if you deposit 100,000 yuan in Bank of China, you can borrow 900,000 yuan and then get a deposit certificate of 1 million yuan. Tuition, miscellaneous fees, transportation and living expenses can be up to 10 years (inclusive). The loan is used to pay tuition, miscellaneous fees, transportation and living expenses. The amount of the personal study abroad loan shall not exceed 80% of the total cost of the person studying abroad.

Tuition and miscellaneous fees are based on reasonable evidence provided by the school. Living expenses and travel expenses are approved by the country and region of study, and can reach RMB or its equivalent in foreign currency of more than 120,000 to 200,000 yuan per year.

3. UK study visa application materials

1. Identity information

A passport with a validity period of at least six months must be provided. If a passport is about to expire, it must be renewed in a timely manner. If you have an old passport, submit it together with the visa application.

Household register: Provide a copy of the first page and personal page of the household register.

The photo must be a color photo with a white background. The size should refer to the passport size, 2 inches (48mm×33mm).

Note: Boys are not allowed to grow beards and girls are not allowed to wear heavy makeup.

2. Guarantor's materials

The school's Confirmation of Acceptance (CAS) number needs to be filled in on the visa application form.

When obtaining the materials submitted for CAS in exchange for the school's Confirmation of Admission (CAS), the materials presented to the school, including degree certificates, transcripts, IELTS score reports, etc., must be submitted together with the visa application (originals).

3. Academic record materials

Original copies of Chinese and English language test scores: Provide original copies of language test transcripts, such as IELTS/TOEFL score reports.

Provide original graduation certificate and degree certificate in Chinese and English. If you graduated from high school, you need to provide your high school diploma.

Original transcripts in Chinese and English: High school graduates need to provide original transcripts in Chinese and English; university graduates and above need to provide original transcripts in Chinese and English.

4. Proof of property

Bank deposit certificate: Any bank deposit certificate, whether it is a fixed deposit or a current deposit certificate (at least 28 days of bank deposit records are required). In addition, the deposit should be enough to cover the tuition and living expenses for one year of study abroad. You can submit a visa one month after the bank deposit certificate is issued.

Deposit receipt is the receipt for paying the deposit after admission.

Proof of income for yourself/your parents If you have a job with a stable source of income, you can provide your own proof of income; if you are a student and the proof of funds is in your parents' name, you need to provide your parents' proof of income.

5. Other materials

Visa application form: Print the visa application form by yourself, fill it out and sign it yourself.

Visa fee: You need to pay the visa fee: ￥3410.

Tuberculosis test certificate: When applying for a UK study visa, you must provide a tuberculosis test certificate report issued by a medical institution recognized by the relevant British authorities. The report must be valid for less than 6 months.

4. Packing list for studying in the UK

1. Clothing

Clothes are heavy and take up space, so you only need to prepare a few sets of casual clothes and underwear. These things can be compressed after being packed in vacuum bags, which can save a lot of space.

2. Food

The requirements for bringing food and ingredients into the country are quite strict. Unless you are sure they can be brought into the UK, don't bring them. However, you can prepare some seasonings appropriately so that you can try to cook your own meals, and it is easy to make a finished product.

3. Learning

Studying in the UK mainly involves preparing stationery. If you buy stationery of the same quality in the UK, the price should be several times higher. You can save a lot of money by bringing it from home. There are reference books. After buying them in China, you can get commonly used data. In the UK, the price of paper books is also very expensive.

4. Skin care products

This part is mainly for girls. Of course, the delicate piglets can also be used as a reference, simple skin care products, water creams, etc., as well as cosmetics.

5. Medicines

You need to bring regular gastrointestinal medicine and cold medicine. The complete set of preparations is the medicine box at home, which is easy to buy at the pharmacy, so you don’t have to worry about the problem of not being able to go abroad. Generally speaking, it does not involve sensitive ingredients.

6. APP

There are also several common software on the mobile phone, including basic software such as Google Maps, Amazon, and The Princess and the Pea, which can help you get familiar with the life and environment in the UK. When you arrive, you can find all kinds of information you want to know.

7. Cash

Be as prepared as possible, including the amount. A maximum of £6,000 in cash can be exchanged. Half of the money can be prepared and placed in a carry-on backpack, and the general change can be prepared in another location in the backpack.

8. Documents

Finally, various certificates, passports, visas, air tickets, admission tickets and other identification documents should be carried with you; other application materials only need to be placed in the trunk.

Summary of how to apply for a loan for studying in the UK

After understanding how to apply for a loan to study in the UK, you will also need to prepare a VPN tool to bypass the firewall and return to China when studying in the United States.For many Chinese who go to the US to study and work, they still like to watch some Chinese TV series and programs in China, and they are more accustomed to use some domestic native apps to listen to music, watch videos, play games and so on. However, due to copyright reasons, most of the popular programs are only allowed to be accessed by mainland IPs. In such a big background, theVPN back over the wallQuickFox VPN is a VPN for overseas Chinese to listen to music abroad. It helps overseas students to watch Chinese TV series by overcoming the firewall and removing the regional copyright restrictions of domestic applications and websites. It can connect to the mainland server with one click to solve the network delay and freeze problem.