1. Traditional bank payment methods: money order, wire transfer and traveler's check.
Bill of exchange is the most common one. You need to exchange bills at the designated bank, and then transfer the money to the bank that opens an account in that country. There is no charge for overseas exchange. The handling fee of the draft is very low, but the disadvantage is also obvious: the speed is very slow.
Among many payment methods, wire transfer is the cheapest. First of all, we have to exchange foreign exchange, but it takes up the foreign exchange quota of 50 thousand dollars per person per year. To fill in the wire transfer form after the exchange, you need to fill in the details of the student's school account and swift code. Charging standard: 65438+ 050 yuan per telegram+about 0.65438+ 0% of remittance amount. The disadvantage is that you need to go to the bank counter for wire transfer operation, which is cumbersome and laborious, and you have to pay an extra fee for each audit.
Traveler's checks have the characteristics of both draft and check (cash), and have different denominations, which can be directly used for payment. Travel expenses are relatively safe. You need to sign when you need to pay, and you can report the loss if you lose it. The disadvantage is that the cost is relatively high, the handling fee is 0.5%- 1% of the processing amount, and the denomination of traveler's checks is limited. In the face of high tuition fees, you must count the number of sheets clearly.
Second, credit card payment: the fastest and most expensive.
The biggest feature of credit card is that it is fast and expensive. Generally, a handling fee of 2%~3% is charged. You need to ask the school about the specific charges. If the tuition fee is about to be overdue and all other payment methods can't make the tuition fee arrive in time, then credit card is the only choice at this moment.
Third, the third-party payment platform: online operation is convenient and fast, affordable and worry-free.
Third-party payment is the most suitable online payment method for families studying abroad in China. Support online RMB payment, eliminating the tedious process of queuing, exchanging foreign exchange and filling out wire transfer forms. At present, there are relatively large foreign platforms such as PeerTransfer and WesternUnion. However, PT has always been criticized by overseas students for its high invisible fee, with a limit of 1 1,000 yuan for Western Union. Moreover, it is certainly the most convenient platform to transfer tuition fees abroad at home.
There is a 2%-5% discount for one-time tuition payment.
Zhang Yihua, former education consul of the Chinese Embassy in the UK, pointed out that British universities allow students to pay tuition fees in three main ways: one-time payment, installment payment and monthly payment. In order to encourage students to pay tuition fees in one lump sum when registering, a discount of 2%-5% is usually given. If China students have the ability to prepare their tuition fees before going abroad, it is more cost-effective to pay them in one lump sum.
British universities will grant1000-3,000 pounds/year scholarships to students who are admitted and apply for scholarships. There are a large number of such scholarships, which are less difficult to apply for. Many universities will award them automatically, and China students can apply boldly.
In addition, when studying in the UK, NUS student cards can be used on the Internet all over the UK, and you can get discounts from stores. 16-25, or full-time students over the age of 25, can apply for a youngperson card, and the ticket can be cheap13.
Joining NHS can also save money. Whether it's glasses, dental treatment or prescription drugs, you can enjoy preferential or even free services after making an appointment for NHS medical minimum living guarantee certificate, but remember to keep the consumption receipt.
Refer to the above content: Phoenix. Com- Studying abroad, how to pay tuition cost-effectively?
Phoenix. There are ingenious ways to save money by studying abroad: British tuition can be discounted.