The Ministry of Education, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission recently issued "Several Opinions on Further Improving the Work of National Student Loans", which made major adjustments to the student loan policy, and for the first time, the handling bank was determined by means of bidding. China Bank became the only successful bidder for the national student loan business of universities directly under the central government 1 16. After winning the bid, did China Bank formulate a detailed implementation plan for the national student loan according to the new policy? What conditions do students need to apply for a national student loan? How to apply specifically? On these hot issues, the reporter interviewed the relevant person in charge of China Bank.
Reporter: After the adjustment of the national student loan policy, what conditions do you need to apply for a national student loan?
Bank of China: Undergraduate students, junior college students (including vocational college students), graduate students and second-degree students studying in full-time colleges and universities in China can apply for national student loans.
Students from poor families who meet the following conditions can apply for loans:
Have People's Republic of China (PRC) nationality and hold the identity card of the People's Republic of China;
Have full capacity for civil conduct (minors must have the written consent of their legal guardians);
Honest and trustworthy, law-abiding, no violations of law;
Study hard and be able to complete your studies normally; Due to family financial difficulties, the income earned during the school period is not enough to pay the basic expenses (including tuition, accommodation and basic living expenses) needed to complete their studies;
Approved by the school.
Reporter: How can students with the above application conditions successfully apply for loans? Please specifically introduce the operation process of applying for a national student loan.
Bank of China: The whole application process is divided into six parts. Let's take a student who meets the application conditions as an example to introduce it in detail:
Step 1: Students apply.
Students apply to their school institutions within the specified time, 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 (hereinafter referred to as "school institutions"). The materials to be submitted include: (1) approval form for national student loan application; (2) A copy of my student ID card and resident ID card (minors must provide valid identity certificates of legal guardians and written opinions on agreeing to apply for loans); (3) my explanation of the family's financial difficulties; (4) the identification of family financial difficulties by the civil affairs departments of townships, towns and streets and the education administrative departments at the county level; (5) Other supporting documents and materials required by the bank or school.
Step 2: The school institution conducts the loan preliminary examination.
School institutions organize students to apply for loans and accept student loan applications within the annual loan amount and control ratio issued by the National Student Loan Management Center.
School institutions shall examine the qualifications of the national student loan application materials submitted by students, and be responsible for their completeness, authenticity and legality. The preliminary examination will be completed within 20 working days after receiving the application for student loan. After the completion of this work, the school organized a five-day publicity and corrected the problematic application. After the initial examination of the school institution is correct, the loan application form stamped with the official seal will be confirmed within 10 working days, and the students will be informed of the audit results, and the information form for student audit of national student loans (hereinafter referred to as the information form) and the application materials will be sent to the handling bank of China Bank together with the application materials (hereinafter referred to as the handling bank).
Step 3: The handling bank approves the loan.
The handling bank shall complete the audit within 20 working days after receiving the information form and application materials submitted by the school. If there are any mistakes or omissions, the school will be required to correct or supplement them. The handling bank shall complete the review within 15 working days after receiving the true and complete application materials submitted by the school. Within 5 working days after the end of all examinations, the handling bank will compile a unified roster of qualified students and send it to the school together with the blank loan contract and the iou.
Step 4: Sign a loan contract with the students.
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.
The handling bank shall complete the signing work within 15 working days after receiving the loan contract and iou submitted by the school, and deliver the signed loan contract to the school institution within 5 working days. The school institution will return the loan contract and IOU to the borrower for safekeeping within 5 days after receiving it.
Step 5: Borrow.
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; Tuition, accommodation and living expenses loans for the second and subsequent academic years should be transferred to the designated account of the school within 20 working days after the start of each academic year. The handling bank handles a debit card or current passbook for each borrower, and submits the loan student list and debit card number details to the school so that the school can transfer the living expenses to the account on a monthly basis.
Step 6: Repay the loan.
Borrowing students should pay attention to their own credit and repay on time after completing their studies with student loans. 60 days before graduation every year, the school will organize the borrowing students to go to the handling bank to go through the repayment confirmation procedures, and the handling bank will send people to provide on-site service to explain the repayment related matters to the borrowing students and answer their inquiries.
Borrowing students should repay the loan principal and interest on a monthly basis after graduation, but they can choose to repay the loan principal from any month within 24 months after graduation or repay the loan principal in advance.
Borrowing students should authorize the handling bank in the loan contract to automatically deduct the repayable principal and interest from their personal accounts opened in the bank on the agreed repayment date until all the loan principal and interest are paid off.
Reporter: What will happen to the related loan business if the borrowing students drop out of school, drop out of school, transfer to another school, go abroad or be expelled from school?
Bank of China: In case of suspension, withdrawal, transfer, going abroad, expulsion from school, etc. The school will inform the bank in time, asking students to go to the bank to pay off the loan first, and then go through the relevant procedures for the borrowing students. After receiving the notice from the school, the handling bank will stop issuing loans that have not yet been issued, and take measures such as recovering the principal and interest of loans in advance to handle relevant procedures for students.
In addition, borrowing students who continue to pursue their degrees after graduation can apply for loan extension. Borrowing students should apply to the original school for extension 30 days before graduation, and provide relevant certificates to continue their degree study. After the approval of the original school, the handling bank will handle the extension formalities for it.
After graduation 1 year, the borrower may apply to the handling bank for adjusting the repayment plan, including adjusting the repayment method, and the handling bank will accept it and make reasonable adjustments according to the actual situation and relevant regulations.
Borrowing students studying abroad after graduation should take the initiative to inform the original handling bank to pay off the loan in one lump sum.
The handling bank will establish a loan repayment monitoring system for borrowing students, and announce the names, ID numbers, graduation schools, default behaviors and other information of borrowing students who have been in arrears for more than one year and have not actively contacted the handling bank.
Materials to be provided for applying for national student loans
Students' own materials
Freshmen are required to provide a copy of their admission notice or student ID card and a copy of their valid resident ID card.
Students are required to provide their student ID card and a copy of their ID card.
Graduate students who apply for tuition loans also need to provide proof of paying tuition fees.
Student family materials
Students applying for student loans are required to provide:
(1) Family Economic Status Questionnaire.
(2) A family income certificate issued by the parent's unit or the local government with a valid official seal.
(3) A copy of the parent's valid ID card.
(4) If the parents sign, they promise to agree that the children will agree to apply for student loans.
⑤ If the students are single parents, orphans or divorced parents, certificates issued by local civil affairs departments are required.
Witness materials of student loans
Students applying for student loans must find two witnesses; And provide copies of valid resident ID cards, student ID cards or work permits of the two witnesses.
Student loan guarantor materials
Students who apply for student loans by way of guarantee must find a guarantor;
The guarantor shall provide himself and his spouse with valid resident identity cards (military officers can provide military officers' cards), work permits and copies of household registration books; Economic income certificate issued by the guarantor's subordinate unit; Any recent household water, electricity and coal bills.
Approval process for applying for student loans
Specific procedures:
1. Applicants should go directly to the Student Affairs Management Center of the Student Affairs Office to get the application form. Generally, when the school starts in September, students are required to prepare relevant materials of themselves, witnesses, families and guarantors and fill in relevant application forms.
2. The Student Affairs Management Center of the Student Affairs Office conducts a preliminary examination of the student's loan application, mainly examining the degree of difficulty of the student's family and whether the attached relevant materials are complete or qualified.
3. The handling bank shall review the application materials submitted by the school.
4. The handling bank went to the school to sign a loan contract with the loan student. In the case of guarantee, the guarantor and the handling bank need to sign a guarantee contract.
5. The handling bank issues loans to students according to the loan contract. Tuition fees are paid into the special account of the school by the bank before the start of each academic year; There are two forms of payment of living expenses: one is to send it to the student's loan account on a monthly basis; The other is to pay to the student loan account once a year. The specific payment method shall be determined by the handling bank.