The term of the national student loan refers to the term of the borrower's loan stipulated in the new Measures for the Administration of National Student Loan. According to the new national student loan management regulations, the borrower must repay the loan within 6 years after graduation, and the loan period shall not exceed 10 year. If a loan student continues to study for a master's degree or a second degree after graduation, the loan period shall be extended accordingly, and the extension of the loan period shall be subject to the consent of the loan bank.

What is a student loan?

Student loan is a loan subsidy policy for students from poor families. Student loans are mainly from the government, subsidizing interest and giving some compensation to banks. Students who borrow money do not need mortgage loans, but only need to repay them at the specified time and bear certain legal responsibilities.