Advantages of student loans: relieving family pressure and helping students complete their studies smoothly. The interest of students in school is fully subsidized by the central government, and the grace period is longer. Disadvantages of student loans: students' ability to create wealth after graduation is not high, and it is easy to overdue, resulting in penalty interest of 65438+ 0.3 times of normal interest, which affects students' future loans.

The central government provides students with discount loans, and students from poor families can successfully complete their studies by relying on loans. When the borrower graduates, drops out of school, goes abroad, is expelled from school according to the school management regulations, and has not paid off all the loans, the borrower shall bear the loan interest by himself.

There is no harm in the student loan itself, because the state provides school security for students from poor families and it is subsidized by the central government, so students do not have much financial burden. However, students are different from students. Some students get national student loans but don't study hard, and student loans also have disadvantages.

Due to the lack of work experience of college students after graduation, enterprises generally do not give high salaries to fresh graduates, and there is a phenomenon of comparison, so the disadvantages of student loans are infinitely magnified.

Students' self-control is relatively poor, and some students fail to repay their loans within the time limit, resulting in bad credit records and affecting future loans.

Are there any disadvantages for college students to apply for student loans?

The advantage of student loan is that it can alleviate the economic pressure of families; The disadvantage of student loans is to increase the burden on students after graduation. Student loan is a measure implemented by the state to help students solve the difficult problem of going to school, which greatly helps students to reduce the pressure of going to school. Students with difficulties can apply for student loans.

What are the advantages and disadvantages of college student loans?

The advantage of student loans is that students don't need to pay interest during their school years, but the national financial needs make many people who can't go to school because of family difficulties realize their college dreams. In fact, there is no harm in college student loans. The only harm may be that the students did not repay the loan on time in the later period, which became overdue, affected the students' credit information, and the lenders would be urged.

Student loan application process

First, apply. Students apply for student loans, receive the "National Student Loan Application Approval Form" and other materials, fill them out truthfully and completely, and prepare relevant supporting materials to return to the school's national student loan agency.

II. Trial Measures for School Agency Loans. School institutions organize students to apply for loans within the annual loan amount and control ratio issued by the National Student Loan Management Center, accept student loan applications, and conduct preliminary examination of loan materials submitted by students.

Three, the handling bank for loan approval. After the school agency has passed the preliminary examination, it will submit the relevant materials to the handling bank for loan approval.

Fourth, bank approval.

5. Sign a loan contract. After the loan application is approved, the school will organize students to fill in, sign loan contracts and IOUs within 10 working days according to the loan student roster provided by the handling bank, and submit them to the handling bank.

Sixth, issue loans. The handling bank shall, within 20 working days after signing the loan contract and iou with the borrowing students, uniformly transfer the first-year tuition, accommodation and living expenses into the designated account opened by the school in the handling bank.

Advantages and Disadvantages of Student Loan Is the interest on student loan high?

Although the national student loan is interest-free during school and does not need to repay the principal, it begins to repay the principal and interest after graduation. After graduation, you can borrow a student loan if you are able to pay it back.

Advantages and disadvantages of student loans

The advantage is to relieve family pressure, but there is no benefit. The disadvantage is that you can't repay the loan on time when you graduate, and you will be deducted.

There are also disadvantages: if the repayment is overdue at that time, (you didn't pay it all at once, but didn't pay the monthly repayment amount stipulated by the bank on time) will have a bad influence on your credit. If you leave too many bad records, it will be more troublesome for you to apply for a mortgage loan in the future.

Is the national student loan interest high?

Loans within six months (including six months): 4.35%

Loans from half a year to one year (including 1 year): 4.35%

Loans for one to three years (including three years): 4.75%

Loans for three to five years (including five years): 4.75%

Loans for more than five years: 4.90%

Interest rate analysis: The national student loan interest rate is the benchmark interest rate of RMB loans of the same period and grade announced by the People's Bank of China at the time of loan issuance, and will not rise. The interest rate of bank loans can be said to be relatively low in the same period of loans, so from the perspective of loan interest rate, the interest rate of national student loans is not high.

If the above contents conflict with the current policy, please refer to the local policy.

Advantages and disadvantages of student loans

Advantages of student loan: The state helps students to complete their studies smoothly in order to alleviate the family pressure of poor students. The interest of students during their school days is fully subsidized by the state, and the grace period of loans is longer. Disadvantages of student loan: students' work income is unstable after graduation, their internship salary is low, sometimes they don't know when to pay it back, or they forget it temporarily because the repayment amount of student loan is too small, which leads to the loans overdue of student loan, which will generate a penalty interest of 1.3 times the normal interest, which will affect the loan in future work and life.

Student loans are different from ordinary loans. Most credit loan products on the market are not open to students. Student loans are provided by the state for students from poor families to go to school, subsidized by the central government, and the pressure is relatively small. Repayment before graduation, no loan interest, only loan interest but not principal five years before graduation, and the longest loan period is 22 years, which can greatly alleviate the repayment pressure of poor students.

Everything has two sides, and users need to think clearly before applying for student loans. Although the interest on student loans is subsidized by the state, interest is still charged after graduation. Users need to see according to their own needs. If the family is not very short of funds, there is no need to apply for a student loan.

What are the advantages and disadvantages of student loans?

For poor families or families, if children want to go to school, they can apply for student loans. Student loans have certain advantages and disadvantages. Let's analyze it in detail.

Advantages and disadvantages of student loans

I. Benefits

For college students with temporary financial difficulties, the national student loan is undoubtedly a very good choice. The most direct benefit lies in the realization of students' dreams, and it is an interest-free loan during school. The national student loan is a bank loan led by the government, with financial subsidies and certain risks borne by the finance and universities. It is jointly operated by banks, education administrative departments and universities to help students from poor families in universities pay for tuition, accommodation and living expenses during their study.

Second, shortcomings.

Student loan belongs to consumption in advance, and the inability to repay or overdue repayment will be severely punished by law, and it will also affect the credit record, which is very unfavorable to the future development of students. The burden of repaying the loan is always a thorn in the child's heart, which will affect the child's mood. Therefore, when considering student loans, we should also consider whether we have relative repayment ability.

Materials needed to apply for student loans

1. The applicant shall provide the following information:

1. A copy of the applicant's valid ID card and student ID card;

2. Applicants need to provide transcripts of the previous academic year, and freshmen need to provide a notice of college entrance examination results;

3, the township and above civil affairs departments, streets, neighborhood committees or communities to provide the original proof of family economic poverty;

4. A written document that the applicant's parents or legal guardians agree to handle the national student loan and support the repayment of the principal and interest of the loan on schedule (which can be confirmed by the bank contacting the parents by letter or providing the family contact number);

5. Provide ICBC account or be well informed; (It is best to provide a copy), (When handling, the school will handle the ICBC card in a unified way, and you don't need to bring it yourself);

6. Please provide the valid identity documents of two witnesses, and the two witnesses also need to be present to sign for confirmation. (Witness refers to the applicant's class teacher or counselor or department head, etc. );

7. A statement of college students' learning conduct issued by a witness.

Advantages and disadvantages of college loans

Now, in order to let students from poor families go to college, the state has set up a student-origin loan policy.

This policy is very good. What's so good about it? (At least in the following three aspects): ① It will not be profitable. In other words, how much you borrow now will basically be paid back later. ② Sufficient repayment time. It's ok to graduate from college, with little pressure. ③ Safe and reliable. This is a national policy, so safety and reliability are self-evident. If the family burden is relatively large, it is recommended to apply for a student loan from the local student source. It's not shameful at all. Many people around me have applied.

Other types of loans have more disadvantages: on the one hand, some students who really need loans can't get loans, and some are even cheated, unable to pay their debts every day, which has caused great psychological pressure, even; On the other hand, the consumption of student loans that should not get loans has brought great economic burden to families.