The national student loan is a bank loan which is led by the government, subsidized by the finance, and compensated by the finance and universities at certain risks, and jointly operated by banks, education administrative departments 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.

Borrowing students should confirm the repayment plan of the student loan with the bank when going through the graduation formalities. After graduation 1 year, you can apply to the bank to adjust the repayment plan.

There are many ways to repay the principal and interest of student loans, which can be repaid one or more times in advance. If college students choose to repay the loan in advance, the handling bank will not charge any other fees except the interest payable.

Tips: The above explanations are for reference only.

Tips: The above information is for reference only, subject to the official explanation of the loan handling bank.

Response time: 2021-10-21. Please refer to the latest business changes announced by Ping An Bank in official website.