If it is the first time for a student to apply for a student loan, one of the parents needs to apply for the loan together with the student. If it is a loan renewal, only one person, the student or the parents, needs to go through the procedures.

The co-borrowers of the loan are mainly the parents (or legal guardians) of the borrowing students. If the borrower is an orphan and has no legal guardian, the borrower, including close relatives, can voluntarily cooperate with the borrowing students. *A natural person who also bears repayment responsibility, has full capacity for civil conduct, is under 60 years old, has no bad credit record and has a local household registration.

When applying for a student loan for the first time, parents need to be the student’s co-borrowers. If the parents have no ability to work or civil conduct, other relatives of the student can be used as co-borrowers. . If the borrowing student is an orphan, you can find someone with full civil capacity as the co-repayer. A banker is required to go through the relevant procedures with the borrower, and one cannot go alone.

Is it okay if my parents don’t take out the loan in the place of origin?

Since the borrowers of student loans in the student’s place of origin are both students and parents, parents must accompany them when applying for the first time. When parents and students apply for loans from their place of origin, they must bring their respective identity documents and family poverty proof documents. It will not work without proof documents from either party.

After parents and students have prepared the application materials, they can go to the Student Financial Aid Office of the Education Bureau in the place of residence to apply. Parents and students need to receive the application form separately, fill it out completely under the instructions of the staff, and hand it to the staff together. After the educational institution verifies that the materials are correct, parents and students will be contacted via text message.

Only when the student loan is applied for for the first time in the student’s place of origin, parents need to go together with the student. In subsequent operations such as loan renewal, the student only needs to go in person.

However, if some candidates’ parents are unable to attend due to special family circumstances, they can still find ways to solve this problem and apply, and other relatives of the students can be used as co-borrowers. If the borrowing student is an orphan, you can find someone with full civil capacity as the co-repayer.

The requirements for the co-borrower are generally the parents or legal heirs of the student who borrowed the money. Their responsibility is to voluntarily bear the repayment responsibility with the student who borrowed ***, and they must have full civil capacity, no less than A local natural person who is over 60 years old and has no bad credit record.

1. Conditions for student loans in the place of origin:

1. Have the nationality of the People’s Republic of China

2. Be honest, trustworthy and law-abiding

3. Have been formally admitted to a full-time general undergraduate college, higher vocational school or junior college that has been approved to establish and implement higher education in accordance with relevant national regulations, and have obtained a true, legal and valid admission notice Freshmen or current college students

4. The student’s household registration before admission and the household registration of his parents (or other legal guardians) are all in the city, county (city, district)

5. Family Financial difficulties, the income earned is not enough to cover the basic expenses required to complete studies at school

6. ***Same borrower

***Same borrower is the main They are the parents (or legal guardians) of the student who borrowed money. If the borrower is an orphan and has no legal guardian, then close relatives, including close relatives, can voluntarily bear the repayment responsibility together with the student who borrowed money. They have full civil capacity and are less than 60 years old. 1 year old, a natural person with no bad credit record and local household registration

2. Application materials for student loans

1. Loan certification materials

① Freshmen who are enrolled and those who have already Universities in the provinces and cities where students come from have opened student loans. The qualification identification of students from poor families has been completed in advance by the local education authorities. Students who pass the pre-application review must apply to the graduating high school. Or the university can issue proof of the province or city that has opened the credit student loan in the student’s place of origin

② If a university outside the province or city that has opened the student’s place of origin student loan has opened the student loan, it must be issued by the university where the student is located. Loan Certificate

Legal basis:

"Education Law of the People's Republic of China"

Article 15 The education administrative department of the State Council is in charge of national education work. Overall planning, coordination and management of education across the country. The education administrative departments of local people's governments at or above the county level are responsible for the education work within their respective administrative regions. Other relevant departments of the people's governments at or above the county level are responsible for relevant education work within the scope of their respective responsibilities.

Article 16 The State Council and local people's governments at or above the county level shall report the budget and final accounts of education work and education funds to the people's congress at the corresponding level or its standing committee, and accept supervision.

"General Rules for Loans"

Article 3 The issuance and use of loans shall comply with national laws, administrative regulations and administrative regulations issued by the People's Bank of China, and shall comply with efficiency and safety and the principle of mobility.