1. Repayment plan: Before the borrower leaves school, the university should organize the borrower to make a repayment plan with the handling bank and go through the repayment confirmation procedures. After the borrower goes through the above formalities with the handling bank, the university can go through the graduation formalities for him, and is responsible for informing his parents or other legal guardians of the repayment plan of the graduated borrower.

2. If the borrower does not continue to study for a degree in the year of graduation, he can choose the grace period for repaying the principal according to the employment situation and income level, that is, he can repay the loan principal and interest from any month within 60 months after graduation. Specific matters shall be applied to the handling bank by the graduate borrower when handling the repayment confirmation procedures, and shall be examined and approved by the handling bank. Students who borrow money during the grace period only need to repay the interest, not the loan principal. If the graduate borrower does not choose to start the repayment period of loan principal and interest in any month within 60 months after graduation, it shall start the repayment period of loan principal and interest from 6 1 month after graduation. Borrowing students who continue to study for their degrees during the repayment period can still enjoy the grace period of repaying the principal after graduation.

3. Payment of loan interest: During the borrower's study, all the interest generated by the national student loan will be subsidized by the special discount funds arranged by the finance, and will be paid quarterly by the National Student Financial Assistance Management Center.

4. After the borrower graduates, all the interest generated by the national student loan will be paid by himself on a monthly basis, starting from the first interest settlement date after graduation. When the borrower completes his studies, drops out of school, drops out of school or is cancelled according to the Regulations on the Administration of Student Status in Ordinary Colleges and Universities, he shall pay all interest from the interest settlement date of the first month after completing the relevant procedures. Borrowing students who drop out of school due to force majeure may apply for discount.

5. Compensation policy: If graduate student loan students enjoy the national student loan compensation policy, it shall be implemented in accordance with relevant policies and regulations.

(Answer time: May 30, 2023)

The above contents are for your reference. Please refer to the actual business regulations.

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