Student-origin student loans begin to bear interest in September of the year when students graduate.
The national student source credit student loan refers to the student loan issued by the National Development Bank to eligible college freshmen and students with financial difficulties, which is handled in the county (city, district) where the students are registered before entering school.
The student loan is a credit loan, and the student and his parents (or other legal guardians) are co-borrower, who are jointly responsible for repayment.
Financial institutions of student-origin credit student loans are mainly undertaken by China Development Bank, and other banking financial institutions are encouraged to carry out this business. The specific undertaking bank shall be determined by the local finance, education and banking supervision departments in consultation with the China Development Bank and other financial institutions.
How long will it take for the student loan to earn interest after graduation?
After graduation, interest will be calculated from September. Because loan students usually start school in September, regardless of the application for 4 years, 5 years or even longer, the loan will end in September. Therefore, the repayment interest in the first year after graduation is calculated from September of 1 year to February 20th of 18, with a total period of 8 1 day, and the interest is calculated according to the number of days.
After that, the interest is calculated on an annual basis, and the repayment interest in the last year is less than one year. Interest is calculated from 65438+February 2 1 to-September 20, and interest is also calculated on a daily basis. I. Policy introduction
(1) What is a student-origin credit loan?
Student-origin credit student loans refer to student loans issued by China Development Bank and other financial institutions to eligible freshmen and students with financial difficulties, which are handled in the county (city, district) where the students are registered before entering school. The student loan is a credit loan, and the student and his parents (or other legal guardians) are co-borrower, who are jointly responsible for repayment.
② Loan amount and purpose
Full-time college students (including second bachelor's degree and higher vocational students) and preparatory students apply for a loan amount of not more than 8,000 yuan per person per year, not less than 1 1,000 yuan; If the sum of annual tuition and accommodation fees is less than 8,000 yuan, the loan amount shall be determined according to the sum of tuition and accommodation fees; If the sum of annual tuition and accommodation fees is higher than 8,000 yuan, it shall be determined according to 8,000 yuan. Full-time graduate students (including master students and doctoral students) can apply for a loan of 12000 yuan, and other provisions are the same as those of full-time college students.
③ loan term
According to the academic system, 13 years, with a maximum of 20 years.
④ How to determine the interest rate?
The benchmark interest rate of RMB loans with the same grade and term announced by the People's Bank of China shall be implemented and will not rise. Every February 2 1 65438 is adjusted according to the latest benchmark interest rate.
⑤ When to start repayment and how long is the grace period for repayment?
During the study period, all interest will be subsidized by the finance.
If you don't continue to study for a degree in the year of graduation, you only need to repay the principal and interest within a three-year grace period, and the principal and interest of the loan will be paid off in the fourth year of graduation (except in special circumstances). After graduation, those who continue to study for a degree during the repayment period should apply to the county-level funding center in time and provide written proof. After the approval, you can continue to enjoy the interest discount and three-year grace period for repayment of the principal, but the loan term will not be extended.
⑥ What conveniences can the poor people enjoy by setting up a file and establishing a card?
Students who belong to the poverty-stricken population who set up a file and set up a card can apply for loans directly to the county-level financial aid center without having to identify their family's financial difficulties.
Second, the application conditions ① The applicant should meet the following conditions ② What conditions should co-borrower meet? Three. Loan application process and loan application materials
① Pre-application
Students studying in ordinary high schools and secondary vocational schools whose family financial ability is difficult to meet their basic expenses of study and life during their college years may apply in advance, including but not limited to: students (including fresh graduates and repeat students) who have obtained state grants in any school year of high schools (including ordinary high schools and secondary vocational schools); File students from poor families, students from minimum living guarantee families, students from poor families, orphans and disabled students, children of martyrs, disabled students from poor families and disabled children.
② Where can I apply for a loan?
Students' credit student loans are applied, approved and issued on an annual basis.
When making the first loan, the borrower and co-borrower need to go to the county-level aid center where the household registration is located.
How long does the national student loan begin to calculate interest after graduation?
The national student loan interest starts from September of the graduation year 1, the first year interest is repaid on February 20th of that year, and the principal is repaid on February 20th of two years after graduation. Start counting.
Generally speaking, the first loan repayment starts 24 months after graduation and is paid off within two years. You can apply for prepayment.
Early repayment only charges interest during the loan use period, and interest after early repayment is not required to be repaid.
In addition, it is necessary to pay special attention to ensure that the monthly balance in the repayment account is sufficient to ensure normal repayment and avoid overdue.
The repayment of student loans will be recorded in the Credit Information Center of the People's Bank of China. Many people find that they can't apply for a car loan because they have bad credit records, but they don't have a credit card and haven't applied for other loans. As a result, loans overdue, a student, has not been repaid.
The CPC Central Committee and the State Council attached great importance to the financial assistance for students from poor families. It is an important measure to establish and improve the financial aid policy system for students from poor families, so that students from poor families can enter school smoothly, afford college and receive vocational education, which is to practice the "Theory of Three Represents", implement the Scientific Outlook on Development and build a harmonious socialist society. It is an effective means to implement the strategy of rejuvenating the country through science and education and strengthening the country through talents, optimize the educational structure and promote educational equity and social justice; It is an inevitable requirement for effectively performing public finance functions and promoting the equalization of basic public services.
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