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What does it mean to deduct living expenses from student loans?
Does the subject want to ask, "What does it mean to deduct tuition and accommodation from the student loan?" The school will directly deduct tuition and accommodation fees from the account, and the extra funds can be used as living expenses. National student loans are issued by China Development Bank and will be paid directly to students' Alipay accounts. At that time, the school will directly deduct tuition and accommodation fees from the account, and the extra funds can be used as living expenses. Student-origin student loan is a loan issued to eligible students with financial difficulties in non-compulsory education according to state regulations to help them pay tuition, accommodation and living expenses.