The national student loan interest rate is subject to the statutory loan interest rate announced by the People's Bank of China. The current annual interest rate of the loan is: 5.76% for one to three years; 5.85% for three to five years; More than five years is 6. 12%. 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. Legal responsibility: 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. Introduction to Student-origin Student Loan: Application conditions Full-time undergraduates (including vocational college students), second-degree students and graduate students in ordinary colleges and universities can apply for national student loans if they meet the following conditions: ① Family financial difficulties; (2) Persons with China nationality and 16 years of age or older must hold Chinese identity cards; (3) Having full capacity for civil conduct (minors applying for national student loans must obtain the written consent of their legal guardians); 4. Honest and trustworthy, law-abiding, no illegal behavior; ⑤ Study hard and you can finish your studies normally. Application materials Students apply for loans from banks through schools after the start of the new school year. The following materials need to be provided: ① application for national student loan; (2) A copy of my student ID card and resident ID card (the minor provides a valid identity certificate of the legal guardian and a written opinion agreeing 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. In principle, the maximum application amount for full-time undergraduate students is not more than 8,000 yuan per academic year, and the maximum application amount for full-time graduate students is not more than 12000 yuan per academic year. The student financial assistance department of the loan approval school is responsible for the qualification examination of the national student loan application submitted by the students and verifying the authenticity and completeness of the materials submitted by the students; The bank is responsible for the final examination and approval of student loan applications. The national student loan adopts the method of one application, one credit and installment, that is, students can sign loan contracts with the bank for multiple academic years at one time, but the bank will issue them in different years. In a school year, the bank should provide a one-time loan for tuition and accommodation. Loan Interest The national student loan interest rate shall be based on the benchmark interest rate of the same grade in the same period published by the People's Bank of China. The national student loan interest of the loan students during their study in school is all subsidized by the government, and the interest after graduation is paid in full by the loan students themselves. The longest repayment period is 20 years with a grace period of 3 years. During the grace period, only the interest needs to be repaid, not the principal. Consequences of breach of contract ① If the borrower of the national student loan fails to repay the loan within the time limit and amount agreed in the repayment agreement signed with the handling bank, the handling bank will charge a penalty interest on the amount of default repayment; ② The handling bank will enter the default into the basic database of personal credit information of the People's Bank of China for all financial institutions in China to inquire according to law. Take restrictive measures against defaulting borrowers who maliciously default on loans and refuse to provide financial services such as housing loans and auto loans; (3) For borrowers who are seriously in arrears in repayment, the relevant administrative departments and banks will publish their names, citizenship numbers, graduation schools and specific breach of contract through news media, internet and other information channels; (4) Lenders who seriously breach the contract will also bear relevant legal responsibilities.

2. What is the national student loan interest rate?

The national student loan interest rate is 5.76% according to the statutory loan interest rate announced by the People's Bank of China. Three to five years is 5. 12%.

3. Is there any interest on student loans?

Scholarship loans are interest-free during the applicant's study at school, and all loan interests are subsidized by the national government. From September 1 day of the year of university graduation, the applicant will independently bear the interest on the scholarship loan. Of course, borrowers can also choose to pay off all loans in one lump sum before graduating from college. The interest on the grant loan is the same standard interest rate published by the People's Bank of China in the same period. The specific interest rates are as follows:

1, within 6 months of loan: the interest rate is 4.35%;

2. If the loan term is from 6 months to 1 year, the annual interest rate is 4.35%;

3. If the loan is 1-3 years, the interest rate is 4.75%;

4. If the loan lasts for 3-5 years, the interest rate is 4.75%;

5. The loan term is more than 5 years: the interest rate is 4.90%.

Fourth, the interest on student loans.

You can apply for a national student loan during your postgraduate period. Generally, proof of family financial difficulties is needed, and other information is basically not needed. Now it is a new mechanism of national student loan, with no interest. Is a state-funded graduate student, only need to repay interest within two years after graduation, do not need to repay the principal. Interest is settled at the rate of the central bank. You need to repay the principal and interest at the same time from the third year to the sixth year after graduation according to the above regulations. Do you want to go to the bank as soon as possible to confirm?