Six years. The student loan needs to be paid off within six years after graduation, because the grace period for repaying the principal of the student loan is extended from three years to five years. If the principal is not repaid in five years, and the principal needs to be repaid in one lump sum in the sixth year, the loan period of the student loan is stipulated as the length of schooling plus 15 years, and the longest is no more than 22 years.

What are the precautions for student loan repayment?

I. Normal repayment

If it is normal repayment, the repayment time shall be subject to the agreement in the contract. Usually, the repayment time agreed in the contract is 65438+February 20th or September 20th. Loan students need to recharge the payable amount to Alipay account 5 days in advance, and then wait for the system to automatically deduct the money.

Second, prepayment.

If you want to apply for prepayment, you need to apply for repayment before 10 every month. After the application is approved, the prepayment time will be changed to 15 of the current month, and the loan students need to recharge the due amount to Alipay account before 15, and then wait for the system to automatically deduct the money.

Third, overdue repayment.

Overdue repayment, the overdue repayment time is 20 days of each month. Loan students need to recharge the repayment amount to Alipay account before 15, and the repayment amount should include overdue principal and interest and penalty interest as of the 20th of this month.

Consequences of overdue student loan default

1. If the borrower of the national student loan fails to repay the loan within the time limit and amount stipulated 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 input the personal basic information and repayment of the graduated students 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. If the graduates of the national student loan break the contract seriously, it will affect them to apply for other personal consumption credit from financial institutions.

3. After entering the repayment period according to the repayment agreement, the relevant administrative departments and banks will publish their names, citizenship numbers, graduation schools, specific breach of contract and other information through news media, internet and other information channels.

4. The defaulter shall bear relevant legal responsibilities.

How many years is the student loan?

Student loans generally do not exceed 10 years.

Generally speaking, the term of national student loans in colleges and universities does not exceed 14 years, and the longest term of student-origin credit student loans does not exceed 14 years.

Full-time college students and graduate students with financial difficulties in colleges and universities in the province can apply to the National Development Bank for a national student loan on campus through the student financial assistance department of the school. The annual loan amount for college students does not exceed 8,000 yuan, and the annual loan amount for graduate students does not exceed 6,543,800 yuan+0.2 million yuan. The loan term generally does not exceed 10 year.

Full-time college students with financial difficulties who are admitted to universities outside the province can apply to the China Development Bank for student-origin credit student loans through the county-level student financial assistance management center where their household registration is located. The annual loan amount per student shall not exceed 8,000 yuan, and the longest loan period shall not exceed 14 years.

Pay off the student loan within a few years after graduation.

6 years

The student loan needs to be paid off within six years after graduation, because the grace period for repaying the principal of the student loan is extended from three years to five years. If the principal is not repaid in five years, and the principal needs to be repaid in one lump sum in the sixth year, the loan period of the student loan is stipulated as the length of schooling plus 15 years, and the longest is no more than 22 years.

1. The longest loan period of student loans is the borrower's remaining academic system plus 15 years (no more than 22 years). The principal may not be repaid five years before graduation, but it needs to be repaid from the sixth year, but the interest generated after graduation needs to be repaid on time every year.

2. During the period from graduation to repayment of the principal, students with student loans can only repay the annual interest, but they can also choose to repay the principal in advance, so that they will not continue to generate interest.

First, 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.

Second, the term of the student source credit student loan shall be determined in principle according to the full-time undergraduate academic system plus 10 years, and the longest term shall not exceed 14 years. For those who have studied for more than 4 years or continue to study for a postgraduate degree or a second bachelor's degree, the repayment period after graduation will be shortened accordingly. The two-year grace period is for students at school and after graduation. After the grace period is over, students and their parents (or other legal guardians) will repay the loan principal and interest in installments according to the loan contract. Full-time college students (including second bachelor's degree and higher vocational students, the same below) apply for a loan amount of no more than 8,000 yuan per person per year; If the sum of tuition and accommodation fees is less than 8,000 yuan per year, the loan amount can be determined according to the sum of tuition and accommodation fees. Full-time graduate students each apply for a loan amount of no more than 12000 yuan per year; If the sum of annual tuition and accommodation fees is less than 12000 yuan, the loan amount can be determined according to the sum of tuition and accommodation fees.

Three, borrowing students in the graduation formalities, should confirm the repayment plan of student loans with the bank. After graduation 1 year, you can apply to the bank to adjust the repayment plan. There are many ways to repay the principal and interest of student loans, which can be repaid in advance at one time or multiple times. During the period when students are in school, 100% of the student loan interest is subsidized by the finance. That is to say, the borrower only needs to pay the student loan interest during the period of school, and only needs to pay the student loan interest within two years after graduation, and only needs to pay the student loan principal and interest from the third year.

Fourth, the repayment method of student loans.

(1) Students shall pay off in one lump sum or in installments before graduation;

(2) After graduation, students can look at their own movable funds to repay the loan;

(3) After the probation period expires, graduates will be deducted from their wages every month within two to five years;

(4) The unit where the graduates work decides to reduce the loan repayment according to their performance;

5] For students who have borrowed money, if they are expelled from school, ordered to drop out of school or voluntarily dropped out of school for violating national laws and school discipline, the parents of the students are responsible for returning all the loans.