Answer: "Returned after review by the provincial manager". Generally, it is because errors are found after reporting the information, and the county-level funding center contacts the Provincial Development Bank to return the loan. If this is the case, all students with loans in the county will be refunded. Return status for review! After the county re-submits the application, it will display "To be reviewed by the branch manager". If it passes, the status will be "normal". If it does not pass, the status will be "the branch manager has declined".
Extended information:
1. This is after the county funding center summarizes and submits the county's loan applications, and the status changes to pending review by the provincial manager. If there is any at this time For individual issues, the county center applies to the provincial center to return the entire batch for modification, and the status changes to Reviewed and Returned. After modification and resubmission, the status changes again. In this case, there is no problem with the 99.9 student loan. , generally students with loans don’t need to worry about this.
2. All interest on student loans while in school will be subsidized by the central government. Among them, students admitted to universities affiliated to the central government will have their loan interest subsidies borne by the central government. For students admitted to local colleges and universities, if they study across provinces, their loan interest subsidies will be borne by the central government; if they study within the same province, their loan interest subsidies will be borne by the local government. All interest on the loan after graduation will be borne by the student and his or her parents (or other legal guardians).
Risk compensation. Establish a special fund for risk compensation of credit student loans in the student's place of origin, and the risk compensation ratio is determined based on 15% of the loan amount in the current year.
3. The deduction is in the second month. In principle, the loan term is determined based on the number of years of full-time undergraduate and junior college education (the remaining years of the schooling system for current students) plus a maximum of 10 years. The maximum loan period shall not exceed 14 years. Students will begin to repay the loan principal in annual installments as stipulated in the loan contract two years after graduation.
The grace period is the two years after the student is in school and after graduation. After the grace period, the student and parents (or other legal guardians) will repay the principal and interest of the loan in annual installments in accordance with the loan contract. Borrowing students who have studied for more than 4 years and continue to study for a higher degree (including graduate school and second bachelor's degree) will have a correspondingly shortened period of self-payment of principal and interest after graduation.