Study abroad loans are used to pay for tuition, fees and living expenses while studying abroad. If you want a loan, you must provide an "Admission Notice" or "Letter of Acceptance" from the school you are attending, as well as proof of tuition and miscellaneous expenses and living expenses required during the study period issued by the school you are attending. You must also provide an asset mortgage, pledge, or loan approved by the lender. A third-party borrower who has the ability to repay and assumes joint and several liability, and the borrower already has a certain proportion of the expenses required by the educated person. In case you fail to repay the money, your third-party borrower is jointly and severally liable, and he is obliged to repay the money. It is a mortgage method of credit guarantee. If the guarantor is a legal person recognized by the bank, the full amount can be released; if the guarantor is recognized by the bank, For natural persons, the maximum loan amount shall not exceed RMB 200,000.

Other common ones are real estate mortgages or pledges, and the maximum loan amount does not exceed 60% or 80% of the value of the mortgage. For example, your real estate, treasury bonds and securities, etc.