Student-origin student loan refers to the student-origin student loan launched by China Development Bank, which is mainly distributed to freshmen in colleges and universities and students with financial difficulties, and is handled in the county (city, district) where the students are registered before entering school. Student loans are credit loans, and students and their parents (or other legal guardians) are the same borrower, and both parties are responsible for repayment.
Student-based student loans are mainly for full-time undergraduate colleges, higher vocational colleges and junior colleges (the list of schools is subject to the announcement of the Ministry of Education and is valid for filing in the student loan system of China Development Bank). The loan amount does not exceed 8,000 yuan per person per academic year, which is an integer between 1000 and 8,000. In principle, it is used for students' tuition and accommodation during school.
Student-origin student loans do not need to pay any interest during school, but students must repay on time after work, and there can be no overdue repayment. If there is overdue in the repayment process, the overdue record will be uploaded to the credit information center, and the personal credit information will deteriorate, which will affect the user's application for subsequent loans.