When will the national student loan repayment begin after graduation

1. Starting from September 1st of the year of graduation (or graduation), student loan interest will begin to be borne. The repayment date It is December 20th every year (the last year is September 20th), and will not be postponed in case of holidays.

2. Starting from the fourth year of graduation (or graduation) (the year of graduation is the first year), the principal and interest will be repaid. The principal repayment date is the same as the interest repayment date.

Extended information:

How to continue to enjoy the national fiscal discount interest when converting from junior college to bachelor's degree or continuing to study for postgraduate studies:

1. If you continue to study for a degree after graduation, you need to adjust your repayment plan to continue to enjoy it. When applying for financial interest discounts, I or *** and the borrower must go to the county-level subsidy center to apply with the admission notice or other supporting materials before July 31 of the year you graduate.

2. After the teacher conducts an on-site review and verifies that the relevant information is correct, he will help you handle the relevant change procedures. The change order needs to be signed by you or *** and the borrower, and will take effect after being approved by China Development Bank. Those who have not applied or whose application has not been approved will not be able to continue to enjoy financial discounts and must follow the original repayment plan.

Baidu Encyclopedia-Credit Student Loan

China Development Bank-Repayment Guide How long does it take to repay university student loans after graduation

Legal Subjectivity:

The first repayment date in the year of graduation is December 20th, and the repayment date will be that date every year thereafter, except for the last year, which is September 20th. The repayment period of student loans is the duration of schooling plus 15 years, with a maximum of 22 years. Regarding the question of when to repay the student loan after undergraduate graduation, the editor of the website will answer it in detail for you below. 1. When should undergraduate student loans be repaid? After graduation, the repayment time for canceled loans is as follows: 1. The first repayment date in the year of graduation is December 20, and the repayment date will be that date every year thereafter, except for the last one. The payment due date is September 20th. 2. The repayment period of student loans is the duration of schooling plus 15 years, with a maximum of 22 years. 3. If you choose to continue studying for a higher degree later, you can also choose to renew the loan. While studying for a higher degree, student loan repayment can be deferred, but when you graduate again, the repayment period of the student loan will be shortened accordingly. 4. Student loans have a five-year grace period for principal repayment, so you only need to repay the principal for the first five years after graduation, and interest payments will not begin until five years have passed. 5. Students can apply for early repayment between the 1st and 10th of each month (except November). If the application is successful, they can deposit money into the repayment account before the 15th of the month. The system will automatically approve the deduction on the day. It is also possible to pay it off in advance before graduation, and no interest will be charged if you pay it off before graduation. 2. Things to note when applying for student loans 1. The two types of loans cannot be applied at the same time. According to policy regulations, students who have applied for national student loans cannot apply for student loans from their place of origin. In other words, you can only choose one of the two types of loans. Apply for processing. 2. There are differences between national student loans and student loans from students’ places of origin. Although both national student loans and student loans from students’ places of origin are used to solve the tuition and accommodation problems of poor students, the loan interest rates are based on the loans of the same period and grade announced by the central bank. The base interest rate is implemented and does not rise. Students do not need to pay interest during their normal schooling period and the interest is subsidized by the government. However, there are still some differences between the two: (1) Student loans in different countries require students to borrow money after starting school; while student loans in the place of origin require students to borrow money at the student financial aid management center in their place of residence. handle. (2) The application time for student loans in different countries is generally started after the semester starts in September; for student loans in the student's place of origin, students can log in to the student online service system to apply after receiving the admission notice, but the specific start and deadline times vary from place to place. The regulations of the Student Financial Aid Management Center are different, so borrowers need to consult with the local Student Financial Aid Management Center. (3) The term of student loans in different countries is, in principle, no longer than 6 years after graduation; in principle, student loans in the student’s place of origin are determined based on the academic length plus 10 years, and can be up to 14 years. The above is the relevant content compiled by the editor. The first repayment date in the year of graduation is December 20th, and the repayment date will be this date every year thereafter, except for the last year, which is September 20th. The repayment period of student loans is the duration of schooling plus 15 years, with a maximum of 22 years. If you have any other needs, please go online for one-to-one legal consultation. When do student loan repayments begin?

Amortization begins after graduation.

The term of credit-based student loans for students in their place of origin is in principle determined based on the full-time undergraduate and junior college program plus 10 years, and the maximum period shall not exceed 14 years. If the schooling period exceeds 4 years or continues to study for a postgraduate degree or a second bachelor's degree, the student's loan repayment period after graduation will be shortened accordingly.

The two-year period between the student's schooling and graduation is the grace period. After the grace period, the student and his or her parents (or other legal guardians) will repay the loan principal and interest in annual installments in accordance with the loan contract.

Extended information

The new national student financial aid policy system has been implemented for more than ten years. Talking about the "original intention" of the implementation of this policy, Ma Jianbin said, "No student should be allowed to "Families with financial difficulties drop out of school." Promoting educational equity and social equity is not only a solemn commitment made by the party and the government to society, but also the "original intention" of all student financial aid workers.

The report of the 19th National Congress of the Communist Party of China proposed the "strategy of strengthening the country through education" and the "strategy of strengthening the country through talent".

“The proportion of students from families with financial difficulties in our country is about 20%, higher in the west and lower in the east. We must help the children of these poor families so that they can receive higher education, improve their scientific and cultural quality, and master a skill , thereby improving the ability of self-development and achieving stable and high-quality poverty alleviation," Ma Jianbin said.

“Currently, the proportion of students from families with financial difficulties in our country is relatively high. We need to solve the problems of dropout and dropout of these students through financial aid work, and increase the enrollment rate and retention rate.” Ma Jianbin believes that we should do a good job in student aid Work is also an important foundation for accelerating the modernization of education.

Baidu Encyclopedia--Student Loans

People's Daily Online--Student Loans for College Students, How to Borrow Clearly?