1. According to the student loan policy, students who borrow money don't have to pay loan interest during their school years, but they need to pay interest by themselves after graduation.
2. Interest rate of student loan: whether it is a national student loan or a student-origin credit student loan, the loan interest rate is implemented according to the benchmark interest rate of loans of the same grade and the same term issued by the central bank, and does not rise.
3. After graduation, the borrower must repay the loan in full and on time according to the loan contract, so as to avoid leaving a bad credit record due to overdue repayment, which will affect the bank credit business such as mortgage and car loan in the future.
2. Do I have to pay interest on the tuition loan?
Don't borrow money by paying interest in advance, you may be cheated. You can apply for unsecured and unsecured loans on the credit mutual loan website, and you won't charge any fees until the loan is successful.
3. Is there any interest on the student loan?
First of all, answer directly.
College students' loans bear interest. After all, student loans do not belong to the category of interest-free loans.
Second, the specific analysis
Just note that the interest of students during their school days is fully subsidized by the finance.
Students don't need to pay back when they are in school, but only after graduation. Five years after graduation is the grace period for repaying the principal. During this period, students only need to repay the principal, and then begin to repay the interest after the grace period for repayment of the principal has passed.
As for the interest rate of student loans, since June 65438+1 October1in 2020, all newly signed contracts will be implemented according to the LPR of the same grade minus 30 basis points.
For the stock student loans handled before June 65438+1 October1in 2020, students can also change the pricing benchmark and change the loan interest rate from the central bank's benchmark loan interest rate to the same level LPR floating interest rate announced in February last year, minus 30 basis points; Or converted into a fixed interest rate, which is equal to the LPR of the same grade announced in February last year minus 30 basis points.
Note that the pricing benchmark of student loans can only be converted once and cannot be adjusted after transfer.
The converted new interest rate will be implemented from 65438+February 2 1 in 2020.
If you have overdue records online, or have loan records from multiple platforms, your records will be subject to big data risk control. When your online lending platform often rejects you, even the flower garden will close. If there is any abnormality in your online hacker data, you can find that Xiaoqi Credit Information can get your own big data and credit status, various index data, and you can query your own personal credit status, blacklist, online loan application record, application platform type, overdue amount, whether there are arbitration cases and other important data information.
Third, the longer the student loan, the higher the interest?
To calculate the loan interest, we must first know the loan term.
The term of student loan is determined according to the academic system plus 15 years, with a minimum of 6 years and a maximum of 22 years.
Although the interest rate of student loans is calculated on an annual basis, the interest is calculated on a daily basis, so it is necessary to convert the annual interest rate into a daily interest rate and then calculate the interest.
Therefore, according to the term of the student loan, it is true that the longer the time, the higher the interest.
However, unlike ordinary loans, student loans do not calculate interest from the date of successful borrowing.
Because student loans are discount loans, students can enjoy discount during their school days.
If students continue to upgrade, such as undergraduate, or graduate students to undergraduate and doctoral degrees, the preferential time will be longer.
Only when students complete graduation confirmation will the discount be cut off and the student loan will begin to calculate interest on a daily basis.
In this way, in the same loan period, the interest of student loans is far less than that of ordinary loans.
Importantly, student loans can reduce interest by prepayment.
Students can apply for early repayment in the student online service system before the month of graduation 15, and deposit the loan principal into the designated account of student-origin student loan before the 20th of that month without paying interest.
Successful account deduction means that the student's student loan has been officially settled.
4. Does the student loan deduct tuition and accommodation fees?
Student loans deduct tuition and accommodation fees.
The national student loan is applicable to the tuition, accommodation and living expenses of full-time undergraduates, junior college students (including vocational college students), graduate students and second-degree students in People's Republic of China (PRC) (excluding Hong Kong Special Administrative Region, Macao Special Administrative Region and Taiwan Province Province).