The process of lump sum payment:

1. Repayment applications can be submitted every year from 1 to 10.

2. Students must apply for a new student loan in the student system of China Development Bank before 10 every month or apply to the teacher of the local county aid center, and deposit the full amount of funds into the corresponding repayment account before 15 that month.

3. If Alipay is used for repayment, Alipay will deduct the corresponding amount from the student's personal Alipay account on the prepayment deduction date, and notify and record it by SMS or email.

4. The borrower can log on to the online system to check the results.

In fact, if you need to repay after graduation, there are two ways to repay student loans.

1, one is to deduct money in installments every month for several years.

2. one is called early settlement, that is, you can choose to pay off all the loans at one time.

Note: Borrowing students need to start repaying student loans after graduation.

Student-origin student loans are repaid through Alipay account. It should be noted that the annual normal repayment date of student-origin student loans is before 65438+February 20th, and the repayment date of the last year is before September 20th.

If it is overdue, remember to repay it as soon as possible. Alipay can make overdue repayment on the 20th of each month.

Extended data:

The national student loan is an important measure taken by the CPC Central Committee and the State Council to improve the financial aid policy system of colleges and universities in China and increase the financial aid for students from poor families in colleges and universities under the conditions of socialist market economy.

The national student loan is a bank loan led by the government, with financial subsidies and certain risk compensation from the finance and universities. It is jointly operated by banks, education administrative departments and universities to help students with financial difficulties in colleges and universities.

Borrowing students do not need to apply for loan guarantee or mortgage, but they need to promise to repay on time and bear relevant legal responsibilities.

Borrowing students apply for loans from the bank through the school to make up for the lack of expenses during their school days and repay them in installments after graduation.

20 12 On August 8th, the new student loans of the Development Bank will exceed1200 million yuan.

References:

Baidu encyclopedia-student loan