After the start of the new school year, students apply for loans from banks through schools. The following materials are required:

1, national student loan application.

2. A copy of my student ID card and resident ID card (the minor shall provide a valid ID card of the legal guardian and a written consent to apply for a loan).

3. My explanation of the family's financial difficulties.

4. Proof of family financial difficulties issued by the relevant department where the student's family is located.

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 ordinary colleges and universities in China and increase the financial aid for poor students in ordinary colleges and universities under the conditions of socialist market economy.

Borrowing students apply for loans from the bank through the school to make up for the lack of tuition, accommodation and living expenses during their studies at school, and repay them in installments after graduation.

1999 since the implementation of this measure, more than 400 billion yuan of student loans have been issued to help more than 20 million students from poor families.

Development history

From 65438 to 0999, the national student loan pilot project was officially launched in eight cities including Beijing, Shanghai, Tianjin, Chongqing, Han, Shenyang, Xi and Nanjing.

In February and August, 2000, the state made two adjustments to this policy, expanding the loan scope to colleges and universities nationwide, expanding the undertaking banks to four wholly state-owned commercial banks of industry, agriculture, China and China Construction, expanding the loan targets to graduate students and full-time students studying for double degrees, and changing the guaranteed loans into credit loans.

In the second half of 2003, the national student loan declined, which was in danger of stopping. The Ministry of Education, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission have carried out major reforms on the national student loan policy and mechanism, and established new policies and mechanisms with the risk compensation mechanism as the core.

administrative laws and regulations

1. The national student loan is applicable to full-time undergraduate students who are in financial difficulties in institutions of higher learning (hereinafter referred to as schools) in People's Republic of China (PRC) (excluding Hong Kong Special Administrative Region, Macau and Taiwan Province Province).

2. The national student loan is an important form to help students with financial difficulties pay their tuition and daily living expenses during school, support education by financial means, and help students with financial difficulties complete their studies.

3. China Industrial and Commercial Bank is a national student loan handling bank approved by the People's Bank of China. The specific measures for the administration of national student loans shall be formulated by the Industrial and Commercial Bank of China and implemented after being approved by the People's Bank of China.