Student loans can be stopped halfway. After students apply for student loans, if they want to apply for loan suspension, they need to submit an application for loan suspension to the bank, and the loan can be cancelled after signing a loan suspension contract. Generally speaking, student-origin student loans are one-year loans. Students can stop lending after one year, continue lending for three years, or stop lending halfway. The specific loan term can be decided according to individual circumstances.
Extended data:
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. The national student loan is a bank loan which is led by the government, subsidized by the finance, and compensated by the finance and universities at certain risks, and jointly operated by banks, education administrative departments and universities. Borrowing students do not need to apply for loan guarantee or mortgage, but they need to promise to repay on time and bear relevant legal responsibilities. Borrowing students apply for loans from the bank through the school to make up for the lack of expenses during their school days and repay them in installments after graduation. On August 8, 20 12, the new student loans of the development bank will exceed 1200 million yuan.
2065438+On July 20th, 2005, the Ministry of Education and other departments jointly issued "Several Opinions on Perfecting the National Student Loan Policy". According to the Opinions, in order to effectively reduce the financial burden of borrowing students, the longest loan period is extended from 14 to 20 years, and the grace period for repayment of principal is extended from 2 years to 3 years. The loan interest of students during their school days will be fully subsidized by the government.
On July 2 1 2020, the Ministry of Education, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission jointly issued the Notice on Adjusting and Perfecting the Relevant Policies of National Student Loans (J.J.Z. [2020] No.4), clearly proposing to adjust the relevant policies of student loans from three aspects: repayment grace period, loan term and loan interest rate.
There are four main forms of loans: national student loans; Student-origin credit student loan; Colleges and universities use state financial funds to issue interest-free loans to students; General commercial student loans. Among them, the national student loan has the largest funding strength and scale, and is the main content of student loan.
Can I stop the student loan in the middle of the student source?
If you don't want to borrow the student-origin student loan halfway, you can repay it in advance.
1. You can apply to the county-level financial aid center or log in to the student online service system to pay off all the outstanding principal and corresponding interest of the student loan at one time. You can also apply for prepayment of part of the principal (which must be above 500 yuan and be an integer multiple of 65,438+000 yuan) and corresponding interest.
After the application, you need to go to the nearest county-level financial aid center or university financial aid center as soon as possible to use the special POS machine for student loans to brush the debit card for repayment or use Alipay APP for repayment.
2. You can apply for prepayment (except in special circumstances), and the system will determine the corresponding interest settlement date and interest amount according to the application time (interest is calculated to the interest settlement date).
3. If the funds in the designated account are insufficient to pay the interest due for prepayment, the prepayment application shall be deemed invalid; If it is enough to pay the interest payable in advance, but not enough to pay the principal payable in advance, only the interest will be deducted.
Extended data
relevant knowledge
1. Repay the interest on time within the grace period. According to the regulations, loan graduates should bear the loan interest from September 1 day of the graduation year, and repay the interest of the first year before February 20 of that year, and repay the interest on time before February 20 of that year. If you were admitted to graduate school in the same year, you need to be in 9? Before June 1, apply to the county-level financial aid center for extension, change the information of attending school, and apply for financial subsidy interest during the period of continuing to study for a degree.
2. Repay the principal and interest on time after the grace period. Repay the principal for the first time (if you graduate in June of 20 13, it should be before February of 20 15 12) two years after graduation, and repay the principal on time before February of 20 13 every year thereafter, and before September of the last year of the loan term. The specific time is.
3. Update the contact information in time.
(1) Before 65438+February 1 every year, graduate students should take the initiative to contact the student financial assistance management center and university teachers in the place where the loan is handled, and provide the latest mailing address and telephone number of themselves and their families until the loan is paid off.
(2) Before 12 and 1 every year, log in to the online system of student-origin credit student loan, update personal information, and inquire about repayment until the loan is paid off.
4. How do students who enjoy loan compensation repay the loan? After graduation, the loan students will participate in relevant national employment projects (such as compulsory military service and "three supports and one support"). ). In line with the conditions for enjoying loan compensation, the compensation funds will be distributed to students through schools or project organizers, and the loans will not be directly deducted. Please ask the loan students to repay the loan interest or principal in advance according to the regulations, so as not to affect their credit records.
Refer to Baidu Encyclopedia-National Student Loan
Refer to Baidu Encyclopedia-Student Source Credit Student Loan
Can I get a refund after applying for a student loan?
The newly applied student loan can be refunded without submitting the remaining information.
I. Application materials for applying for student loans:
1. Apply for a national student loan;
2. Copy of my student ID card and resident ID card (minors must provide valid identification of legal guardians and written consent to apply for loans);
3. I explain the family's financial difficulties;
4. Proof of family financial difficulties issued by the relevant department where the student's family is located. Students themselves shall bear legal responsibility for the authenticity of the certification materials provided by them;
5. Other information required by the bank.
Second, can the student loan be stopped halfway?
Yes, after students apply for student loans, if they want to apply for loan suspension, they need to submit an application for loan suspension to the bank, and the loan can be cancelled after signing a loan suspension contract. Generally speaking, student-origin student loans are one-year loans. Students can stop lending after one year, continue lending for three years, or stop lending halfway. The specific loan term can be decided according to individual circumstances.
Three. Loan issuance and repayment methods:
1, the student loan is issued in the form of one application and annual payment. According to the loan plan agreed in the loan contract, the loan bank will transfer the loan to the "special account for student loan management funds" of the school, and the rest will be transferred to the corresponding student life account after the school withdraws the student fees and accommodation fees payable by the lender from the special account.
2. The principal of the student loan shall be repaid in installments according to the repayment period agreed in the loan contract. The lender may repay part or all of the loan in advance to the loan bank at any time. The part returned in advance shall be charged with interest according to the interest rate agreed in the contract and the actual use time; If the principal and interest of the loan cannot be repaid on schedule, the lender shall collect the penalty interest according to the regulations.
3. The student loan interest shall be settled annually, excluding compound interest. Within the loan period specified above, the municipal finance will give 50% discount, and the remaining 50% will be paid by the lender.
Extended data:
Borrowing students should confirm the repayment plan of the student loan with the bank when going through the graduation formalities. 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. If college students choose to repay the loan in advance, the handling bank will not charge any other fees except the interest payable.
Log in to the homepage of CDB student loan information network, and then enter the loan information page through the student login name and password (the default login name for online loan repayment in 2006-2008 school year is school code+student ID number, and the password is 8 birthday; The login name and password of online loan repayment in 2009 and beyond are the login names and passwords when students apply for loans.
Can the student loan be stopped halfway?
Many candidates want to know whether the student loan can be stopped halfway. I have compiled the relevant contents below for your reference. Let's have a look!
Can the student loan be stopped halfway?
Student loans can be stopped halfway. After students apply for student loans, if they don't need to apply for student loans in the second school year because of family circumstances, they can not submit the application for loan extension during the loan extension period, without any complicated process.
Generally speaking, student-origin student loans are one-year loans. Students can stop lending after one year, continue lending for three years, or stop lending halfway. The specific loan term can be decided according to individual circumstances.
When the student loan is extended every year, students who need the loan need to submit an application for extension in the corresponding service system. If the student fails to renew after the deadline, it will be deemed that the student has given up the renewal automatically. If you accidentally submit a loan renewal application and don't want to renew the loan, you don't need to go through the follow-up process.
If the student has gone through all the procedures for renewing the loan, it means that the renewal of the loan has been successful. If they want to refuse to renew the loan, they can only wait for the next school year.
What if the student loan is not renewed?
As long as students go to school normally and finish their studies, it doesn't matter if they can repay on time after graduation. If you drop out of school, the lending bank will stop issuing loans and may recover the principal and interest in advance. This can be negotiated with the bank. Students who drop out of school need to ask the school for a loan contract.
If you drop out of school and want to pay off the student loan in advance, students need to settle their accounts with the bank before going through the formalities of dropping out of school, and the interest generated during the period needs to be borne by themselves.