The term of the national student loan is 15 years, with a maximum of 22 years.
Borrowing students who continue to study for their degrees during the repayment period after graduation may apply for continuing interest subsidies. For details, please consult the loan handling bank of China.
The above contents are for your reference. Please refer to the actual business regulations.
How long is the student loan?
The term of student loan is the length of time from signing the contract to paying off the loan normally.
The minimum loan period is 6 years, and the longest is (remaining academic year 15) years, not exceeding 22 years. If the time from graduation to loan maturity exceeds 5 years, then 5 years after graduation is a grace period, during which only interest is paid every year. In the sixth year, the principal and interest shall be repaid every year until September 20th of the last year of the loan term. Before July 3 1 of the year in which the notice is received, junior college students (undergraduate graduate students) need to go to the funding center to "change their school information and extend the discount period", and then they can continue to enjoy the discount during the new university (provided that the contract has not expired), but the loan maturity date remains unchanged, so the loan application period should be appropriately extended within the allowable range to avoid the expiration of graduate loans. Students in junior college or postgraduate stage will bear the interest during the new university if they have not changed their schooling information and extended the preferential period.
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.
Term of student loan
The longest is not more than 22 years.
The latest regulation of student-origin student loan: the loan period is academic system plus 15 years, and the longest is no more than 22 years. The grace period is 5 years. The policy will be implemented in 2020. For the new contract in 2020, the grace period for repaying the principal is 5 years. Stock contracts before 2020, student loan contracts that have not started to repay the principal (that is, loans that students have not graduated or have graduated but have not started to repay the principal) can be applied by borrowing students, and the grace period can be extended to 5 years within the loan period agreed in the original contract.
This is the end of the introduction about the loan period of student loans and how students apply for loans. I wonder if you have found the information you need?