Student-origin credit student loans are for undergraduates, masters and second bachelor's degree students in full-time colleges, higher vocational schools and junior colleges (the list of schools is subject to the announcement of the Ministry of Education).

Two, apply for student credit student loans students must meet the following conditions

1, with China nationality, honest and trustworthy, law-abiding;

2. Freshmen or college students who have been officially admitted to full-time undergraduate colleges, higher vocational schools and junior colleges (including private colleges and independent colleges) recognized by education administrative departments at all levels and have obtained true, legal and effective admission notices;

3. The student's household registration and family residence are in the county seat. In principle, middle school should also be in this county.

4, in line with one of the following characteristics, family financial difficulties, income can not pay the basic expenses required for students to complete their studies at school:

① Rural and urban low-income families determined by local governments at all levels;

Families receiving social assistance and welfare (such as orphans and disabled families);

③ Single parent families with no stable income;

(4) The family's economic situation has deteriorated (such as the impact of natural disasters, injuries, disabilities, diseases, deaths, etc.). Refers to family members whose main source is labor) and have no other source of income;

⑤ Other special difficulties.

* * * The borrower and the student * * * bear the responsibility for repayment, and the * * * borrower must meet the following conditions:

(1) * * In principle, the borrower should be the borrower's parents;

(2) If the parents of the borrowing students lose their ability to work or have civil capacity due to special circumstances such as disability or illness, other immediate family members of the borrowing students can be used as * * * borrowers;

(3) If the borrower is an orphan, the borrower is another legal guardian or a natural person with full civil capacity who voluntarily shares the repayment responsibility with the borrower;

(4) * * * The borrower's household registration and the pre-school student's household registration are in the county;

(5) If the borrower is not the borrower's parents, the age is between 25 and 60 in principle;

⑥ Borrowing students who have obtained loans from Development Bank cannot be used as * * * borrowers of other borrowing students in principle.

Three. Loan amount, term and interest rate

1. Student-origin credit student loans are applied, approved and issued once a year. The amount each student applies for each year is not less than 1 1,000 yuan and not more than 6,000 yuan. The specific amount is determined according to the actual needs of students' tuition and accommodation fees. The loan amount in the freshman contract is subject to the tuition and accommodation fee (whichever is lower) on the admission notice; Students who renew their loans are determined according to the school fee certificate of tuition+accommodation fee or the receipt of the previous loan contract; The student's first loan is determined according to the payment voucher or tuition certificate of the previous school year.

2. Loan term: In principle, it is determined according to the academic system required by the borrower for normal graduation plus 65,438+00 years, and the longest period shall not exceed 65,438+04 years. Borrowing students who have studied for more than 4 years and continue to pursue a higher degree (including the second bachelor's degree) will shorten the period of repayment of principal and interest after graduation.

Four. pay principal with interest

(1) Calculation of interest

The loan interest is charged annually. The value date is the loan issuance date, and the interest settlement date is 65438+ February 20th every year (the interest settlement date of the last year of the loan is September 20th). The interest of students during their school days is fully subsidized by the finance; The interest after graduation shall be paid by the borrower from September 1 day of the graduation year. The grace period is 2 years after graduation. After the grace period, the loan will be repaid in installments according to the average capital method. If the repayment is not made within the agreed time limit, the penalty interest of 130% of the normal loan interest rate will be charged according to the actual overdue amount and overdue days, excluding compound interest.

(2) Financial discount

The interest of borrowing students during their school days is all subsidized by the financial department. Among them, students admitted to central colleges and universities, their loan interest subsidies are borne by the central finance; Students admitted to local colleges and universities who study across provinces are subsidized by the central government; Students admitted to local colleges and universities who study in this province will be subsidized by local finance. The discount interest funds undertaken by the central and local governments are collected by the National Student Financial Assistance Management Center and the provincial financial assistance centers respectively, and are fully and timely allocated to the Development Bank before February 20th each year.

(3) Borrowing students repay the principal and interest normally.

Students should repay interest annually from September 1 day of graduation year. Borrowing students who graduate, drop out of school, go abroad, or are expelled from school according to school management regulations, and have not paid off all the loans, shall bear the interest on their own from 1 day of the month following the date of handling relevant procedures. After the implementation of the credit system, the financial department will discount the interest according to the normal academic system of the schools and majors where the borrowing students attend, and the interest beyond the normal academic system will be borne by the borrowing students themselves.

Every year, 65438+February 20th is a fixed repayment date, including interest and the principal to be repaid in installments (the last principal and interest will be repaid on the expiration date of the contract). The grace period is 2 years after students' graduation (if the loan period is less than the remaining academic year plus 2 years, the grace period is the loan period). After the expiration of the grace period, the loan principal shall be repaid in installments according to the average capital method. When the grace period expires, the first principal will be repaid on February 20th of that year.

(4) Advance payment

The 20th day of June+10/October-July every year is the prepayment date, and prepayment needs to pay off all outstanding debts under a contract at one time (that is, loans obtained within one academic year). Repay the interest calculated according to the agreed interest rate and actual service life in advance, and charge no other fees except the interest payable.