As a strong country in education, the United States is the first choice for students. The cost of studying in the United States is also very high. Applying for a loan for studying abroad can also reduce the pressure of students.
Independent lenders must be at least 18 years old, have a permanent home address and a stable family income, provide proof of parents’ income and running water, to ensure the ability to repay the loan, of course, also need to show proof of the relationship between the two sides.
You need to show a copy of the paper admission certificate issued by the school, a valid passport, a medical certificate, and other requirements that the loan provider needs the student to meet. You need to consult with the loan provider before you can confirm.
In principle, the amount of loan that international students can apply for should not exceed 80% of the total annual expenditure. According to the official survey, the average annual expenditure of studying in the United States is about 500,000 yuan, so the amount of loan you can borrow per year should not exceed 400,000 yuan.
The above is the amount we can borrow, we also need to determine the specific amount according to their actual situation, you can predict the graduation plan and the salary situation after graduation, according to their ability to repay to determine the final amount.
Three, loan time you can apply for the loan time is also limited, generally 1-6 years, most students choose to study and the length of the loan, so that you do not have to worry about their own expenses during the study, at most can not exceed 10 years.
4, LOAN WAY 1. The United States LOAN CAN DIRECTLY TO THE BANK OF THE United States SUBMITS THE APPLICATION OF LOAN, DO NOT HAVE THE REQUIREMENT ON IDENTITY, HOWEVER EVERYBODY NEEDS TO LOOK FOR A LOCAL PERSON TO SERVE AS THE GUARANTOR OF YOUR LOAN, THE INTEREST RATE IS LOWER, HOWEVER CANNOT ADVANCE REPAYMENT, ALSO DO NOT HAVE THE GRACE PERIOD OF REPAYMENT LIKEWISE.
More suitable for international students is the student loan, this way does not need a guarantor, as long as you provide complete materials, you can get the loan, the interest rate between 7.99%-13.99%, you can repay in advance, you can also apply for a grace period of repayment.
2. Domestic loan Domestic loan is more cost-effective, you need to submit certain guarantee information, the loan interest rate is stable between 4%-5%, but only RMB can be borrowed, converted into US dollars will be affected by the interest rate.
Study in the United States money saving method 1, consider schooling while some school tuition is very expensive, but their schooling is one year, then consider fees will not be able to consider only the horizontal, at the same time also want to consider the total cost during study, for the school system, short of school fees are more expensive, or can accept a little, after all, on average, there is no so much.
2, reasonable choose lodging accommodation expenses while studying is also a big problem, university abroad, usually is to apply for the dormitory and cost will be more expensive than outside school at the same time, so if the students want to save money, or looking for a house near the school, share with friends, so can not only save some roommates don’t trouble, can save a sum of money.
But we should also pay attention to be sure to leave a good time to look at the house in advance, don’t wait for the school to start now, in that case a lot of good houses will be booked, and the price will rise relatively.
One of the most important skills to learn when studying abroad is cooking. After all, we have been eating Chinese food since childhood. If we don’t cook by ourselves and always go out to eat Chinese food, the cost of living will rise sharply, and it will increase our chances of gaining weight.
According to Yunxue Education Group, so be sure to learn a few basic dishes, regularly go to the supermarket to buy some dishes back to cook, healthy and save money.
4, pay attention to discount information since we want to save money, we must consciously pay attention to discount information, supermarkets, shopping malls discount is the most need to pay attention to, supermarkets sometimes have a big discount, then you can store some at home, slowly eat/use.
