2022 student loan is interest-free 12.20 without interest deduction. According to relevant public information, interest-free does not mean that there is no interest, but the interest is paid by the state to the bank, and students do not need to pay it again. The Ministry of Finance, the Ministry of Education, the People's Bank of China and the China Insurance Regulatory Commission of the Bank of China jointly issued a notice recently, exempting the loan students who graduated in 2022 and previous years from the national student loan interest that should be repaid in 2022, and the principal of the national student loan that should be repaid can be postponed by 1 year. The newly graduated loan students in 2022 will be fully subsidized by the government because of the interest of the national student loan during their school days. In 2022, the personal interest payable will be exempted from the repayment period after graduation. For loan students who graduated in previous years, the interest on national student loans due in 2022 and the penalty interest arising from overdue loans before 2022 are exempted.