How to apply for student loans for college students?
Reporter Li Nie and intern Xu Jueting
As the start of the semester for colleges and universities across the country approaches, student loans for college students gradually become the focus of social attention. How to get a loan? What is the loan amount? This has become a concern for parents and candidates. This issue of "Assistance Live Room" invited Zhang Hong, deputy section chief of the Money and Credit Management Section of the Jinhua Central Branch of the People's Bank of China, Xu Jin from the Personal Finance Department of the Jinhua Branch of the Industrial and Commercial Bank of China, Wang Fang from the Jinhua Office of Zhejiang Rural Credit Union, and Jinhua City District Credit union Zhang Mingfu and other guests answered questions from netizens on the spot.
Types and institutions
Keke: What types of student loans are currently available?
Zhang Hong: By nature: Student loans include There are two types of national student loans and general commercial student loans; according to the loan objects, they can be divided into two types: student loans for the place of study and student loans.
Current students: What are the main financial institutions that offer student loans?
Zhang Hong: The financial institutions that offer student loans include ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, commercial banks and Rural Credit Cooperatives, that is to say, students who apply for student loans can go to any of the above financial institutions to apply for them.
Target and conditions
Ah Q spirit: My friend is a student from Jinhua City. He was admitted to Zhejiang University this year, but his family has financial difficulties. May I ask: Who are the students to whom student loans are granted? What are the application conditions for student loans?
Xu Jin: Zhejiang students can apply for student loans in Hangzhou for the place of study (campus location), or Apply for student loans in Jinhua (the place of residence before enrollment).
National student loans are targeted at undergraduate, junior college students (including higher vocational students), graduate students and second-degree students in full-time colleges and universities with real financial difficulties.
Student loan application conditions:
(1) Have full capacity for civil conduct;
(2) Be honest, trustworthy, law-abiding, and have no Violations of laws and disciplines;
(3) Good academic performance and ability to complete studies normally;
(4) The income earned during school is not enough to pay for the basic requirements for completing studies. Expenses (including tuition fees and basic living expenses);
(5) Strictly abide by the regulations of the state, the handling bank and the school on national student loans, and promise to use the loan items correctly and repay the loan in accordance with the regulations. Obligation and open a current account at the lending bank.
(6) Other conditions stipulated by the lending bank.
How to apply?
AK09: I am from Jiangxi and studying in Jinhua. How do I apply for a student loan?
Xu Jin: I am from the place where I study. To apply, please entrust the university to process the application. Financial institutions in our city have signed contracts with some universities. Zhejiang Normal University, Zhejiang Guangsha Vocational and Technical College, and Yiwu Industrial and Commercial Vocational and Technical College have signed bank-school cooperation agreements with ICBC. Jinhua Vocational and Technical College will soon sign a contract with ICBC to provide student assistance. loan.
Sister: My home is located in the suburbs of Jinhua. I want to apply for a student loan. How should I apply?
Wang Fang: For students who apply for student loans from their place of origin, they should present their enrollment certificate The notification letter or a copy of the "Student ID Card", a copy of the valid resident ID card, proof of financial difficulties and other relevant materials can be processed at any financial institution or its branch near the place of residence.
Ailing: What information do students need to provide when applying for student loans?
Zhang Mingfu: Students applying for loans must truthfully provide the following materials:
(1) Me Valid ID card and student ID card and their copies; if the student ID card is lost, the original certificate from the school’s student ID card management department is required. If new students do not have a student ID card, they can provide an admission notice; if they do not have an ID card, they must provide the original certificate from the ID card processing department. Loans for old students are also required to provide past academic performance certificates stamped and confirmed by the school’s performance management department.
(2) Provide a certificate from the township (town) or above government, sub-district or county education administrative department where the household registration is located before enrollment regarding the financial difficulties of the family. The certificate must include the name of the student, the main members of the family, The specific circumstances and reasons for the difficulties.
(3) Copies of ID cards of the two witness teachers.
(4) Other materials required by the handling bank.
Amount, term and interest rate
The ignorant are fearless: What is the amount of national student loans available to individual students?
Xu Jin: Student loans There are two types of loans: tuition fees and living expenses loans. The maximum loan amount does not exceed 6,000 yuan per academic year.
Among them, the maximum loan amount for tuition fees shall not exceed the tuition fee charging standards of the school where the borrowing student is located, and the maximum loan amount for living expenses shall not exceed the basic living expenses standards in the area where the school is located.
The ignorant are fearless: What is the term of national student loans?
Zhang Hong: At present, the term of national student loans generally does not exceed 10 years (6 years after graduation after 4 years of schooling) ). Depending on the employment and income situation after graduation, students with loans will start repaying the loan in one to two years and will pay it off within 6 years.
North and South Middle School: What is the national student loan interest rate?
Xu Jin: The national student loan interest rate is based on the statutory loan interest rate announced by the People's Bank of China and the interest rate policies of relevant national departments. The current interest rates are: (1) One to three years (inclusive): 5.76 (2) Three to five years (inclusive): 5.85 (3) More than five years: 6.12. In the event of an interest rate adjustment, the lending bank will prepare a new repayment plan and notify the borrower.
How to apply for a credit student loan
PPTang: Who can apply for a credit student loan?
Zhang Hong: For those who are over 18 years old and in school College students generally receive credit-based student loans. Both credit student loans and guaranteed student loans can be granted to immediate family members; guaranteed student loans are generally granted to legal guardians.
PPTang: What are the requirements for granting credit student loans to college students?
Xu Jin: To grant credit student loans to college students, the school where the student is located must provide a loan introducer. , borrowing students must provide two loan witnesses.
PPTang: What is a witness in a credit student loan?
Xu Jin: A witness refers to a natural person who has a close relationship with the student, such as the student’s class teacher, full-time teacher, etc. Counselors, department heads, etc.
Issuance and repayment
Luo Luo: How are national student loans issued?
Zhang Hong: National student loans require a one-time signing of a contract. Tuition fees loans are issued annually, and basic living expenses loans are issued 10 months a year. They can be issued once a year or once every six months. The tuition loan is directly transferred by the handling bank to the account designated by the school according to the academic year. The basic living expenses loan is directly transferred by the handling bank to the current account opened by the borrowing student at the Industrial and Commercial Bank of China Savings Bank.
BabaLa: What are the regulations on the repayment method and repayment time of national student loans?
Xu Jin: (1) When students who borrow money go through the procedures for graduation or termination of their studies , the repayment plan and repayment time should be determined with the handling bank, and the repayment time limit shall be determined through negotiation between the borrower and the lender. Depending on the employment and income situation after graduation, students who borrow the loan will start repaying the loan in one to two years and will pay it off within 6 years.
(2) Within one year after graduation or termination of studies, student borrowers may apply to the bank for adjustment of the repayment plan. The handling bank shall accept the application and make a determination based on the actual situation and relevant regulations.
Gy: During the borrowing period, students need to adjust the loan amount or suspend the loan. How should they handle it?
Wang Fang: Once the loan amount of the borrowing student is determined, the loan amount will generally be adjusted during the loan period. remain unchanged. If you request to suspend the loan midway, you can apply to the handling bank through the school to suspend the loan disbursement.
What to do after graduation
Principal: After the student who borrowed the loan graduates, what procedures should the loan bank, the student who borrowed the loan and their school go through?
Wang Fang: Borrowing Before graduation, students must reconfirm or change the loan contract with the handling bank, and re-go through the corresponding guarantee procedures according to the requirements of the lending bank. After the borrower students graduate, the school should actively cooperate with the handling bank in collecting the loan, and be responsible for providing the handling bank with the effective contact address for the first employment of the borrowing student within one year; if there is no employment, the school should provide the effective contact address of the family. Borrowing students should promptly report the changed unit, contact address, payment method, etc. to the handling bank in accordance with the commitments in the loan contract.
Midnight Alley: How do students who borrow money repay their loans after graduation?
Xu Jin: If students who borrow money go to work in other places after graduation, they can remit money through the branch of the Industrial and Commercial Bank of China in the other place. The loan can be repaid by the lending bank; the lending bank can also negotiate with the branch of the Industrial and Commercial Bank of China where the borrowed student works to handle the loan transfer procedures.
About suspension of issuance
Ye Mingzhu: Under what circumstances can a student loan lending bank stop issuing loans?
Zhang Mingfu: Borrowing students have the following behaviors 1. The lending bank can stop issuing loans. Require borrowing students and guarantors to repay the principal and interest of the student loan, or dispose of collateral and pledges in accordance with the law, and repay the principal and interest of the loan:
(1) The borrowing student fails to use the loan for the purpose specified in the contract;
(2) Borrowing students commit illegal and disciplinary acts and are subject to administrative sanctions or criminal penalties by the school;
(3) Borrowing students fail to repay the principal and interest of student loans as planned;
(4) Students who borrowed money drop out of school, drop out of school, are expelled from school, or have their student status cancelled;
(5) Students with poor academic performance and unable to complete their studies;
(6) Study abroad or Settled;
(7) The guarantor loses its guarantee capacity and fails to notify the lending bank in time and needs to provide new guarantee measures.
Host: Due to time constraints, today’s live broadcast ends here. Thank you to the four guests! Thank you also to the enthusiastic netizens for participating! Finally, I wish all college students friends success in their studies and a happy life! Goodbye!