The notice from Xi'an Jiaotong-Liverpool University requires payment of tuition fees before August 8th. Will failure to pay it be regarded as giving up?

No, you can apply to the school to defer the tuition payment based on the actual situation. If the school agrees, the student can pay the tuition later. American colleges and universities are not as serious as imagined, but also very humane.

The following introduces which channels or methods international students use to pay tuition:

1. Bank wire transfer

Application scenario counter

Features: Low price, with a handling fee of about 50 to 260 yuan, plus the intermediary bank's fee of about 30 US dollars, the cost is about 400 to 700 yuan, and the arrival time is about 3 to 4 working days.

Disadvantages: Hidden time cost is high (traffic jams, queues, complicated wire transfer orders, which may cause headaches for parents who don’t understand English well. On average, it takes at least half a day from leaving the house to exchanging currency for remittance) , and banks do not accept foreign exchange settlement and sales on Saturdays and Sundays. There is a foreign exchange quota limit of US$50,000 for bank wire transfers, and there may be an over-limit problem. The bank is not responsible for checking the accounts. You need to check the accounts yourself and the school. The bank does not take the initiative to explain the issue of full payment. If there is a difference of 15-25 US dollars due to intermediary bank fees, the school will often think that the tuition fee has not been paid in full. You must pay attention to this.

2. Credit card

The application scenario is instantaneous

Features: Easy to use, parents only need to apply for a US dollar credit card supplementary card for their children in China, and the children can Tuition and miscellaneous fees are paid to the school's account, and parents pay RMB to the main card in China. If the main card is linked to another domestic RMB account for automatic repayment, on the monthly repayment deadline, the bank will automatically repay the money based on the exchange rate of that day, and there is no need to go to the bank all the time. However, it should be noted that paying tuition with a credit card involves the credit limit of the credit card.

Disadvantages: The handling fee is high. Overseas credit card organizations will charge school handling fees, and the school will pass this fee on to the students, which is about 3.

3. Third-party payment platform

Application scenario online payment

At present, only some banks in China support online foreign exchange settlement and sales, so in most cases, it still needs to be handled at the counter. . With the development of cross-border online payment, third-party online payment platforms continue to emerge, which not only enable you to pay tuition without leaving home, but also provide very good services, fund tracking, full payment, good customer service, and avoid traditional banks. There are some risks and problems, and more and more people are starting to use them. In terms of safety, these companies all cooperate with domestic banks, provide guarantees, and are officially recommended by the school. There is no problem with safety. Let’s recommend a few well-known companies on the market.

Easytransfer (www.easytransfer.cn)

Features: The largest online payment platform for studying abroad in China, directly connected to hundreds of colleges and universities in the United States, just fill in the student ID and basic information, you can complete the payment through the most secure U-shield online banking. Compared with banks, it is more professional and convenient. The handling fee is between 0.3 and 0.5, and the exchange rate adopts the real-time exchange rate, which does not occupy any exchange quota. It takes about 2 to 3 working days for the payment to arrive. You can check the payment status online through WeChat or PC. After the payment is received, customer service will notify you in the form of text messages, emails, etc. The customer service is very responsible and not only helps some people who are not very computer literate. Parents can make online banking payments, especially for free expedited processing of tuition fees that are about to expire.

Disadvantages: Due to bank restrictions on third-party payment companies, the credit card limit is small, so use a debit card to pay as much as possible.