The specific process is as follows:
1. First of all, we need to apply for a national student loan from the school. We can fill in the application materials online through the information system of student-origin credit student loan of China Development Bank, and export and print them after completion; You can also receive a paper application for the national student loan from the school and fill in the application materials as required;
2. To provide the school with the application form for student-origin student loan after the village committee and the civil affairs department of the township street affix their official seals, and provide valid identity documents, household registration books and other materials;
3. The school will conduct qualification examination after receiving our loan application materials;
4. After the examination and approval, students and borrowers need to bring relevant materials, go through the formalities of student loans in relevant departments, sign loan contracts, and then wait for loans from loan banks.
What should I pay attention to when applying for a student loan?
1. Two kinds of loans cannot be applied at the same time.
According to the policy, students who have applied for national student loans can no longer apply for student-origin student loans, which means they can only apply for one of the two kinds of loans.
2. There is a difference between the national student loan and the student-origin student loan.
Although both the national student loan and the student-origin student loan are used to solve the tuition and accommodation problems of poor students, the loan interest rate is implemented according to the benchmark interest rate of loans of the same grade announced by the central bank for the same period and does not rise. Students do not need to pay interest during their normal schooling, but are subsidized by the government. However, there are still some differences between them:
(1) The application location is different.
The national student loan requires students to apply in their universities after the start of school; Student-origin student loans require borrowing students to go to the student financial assistance management center where their household registration is located.
(2) The application time is different.
National student loans are generally handled after the start of school in September; Student-origin student loan means that the borrower can log in to the student online service system to apply after receiving the admission notice, but the specific starting and ending time varies from place to place in the student financial assistance management center, and the borrower needs to consult the local student financial assistance management center.
(3) the loan term is different
The term of the national student loan shall not exceed 6 years after graduation in principle; In principle, the student-origin student loan is determined according to the academic system plus 10 years, and the longest loan can reach 14 years.
3. After obtaining the loan, you must repay it in full and on time to avoid the following bad credit records, which will affect the application for mortgage, car loan and credit card in the future;
4. The national student loan interest rate is implemented according to the benchmark loan interest rate issued by the central bank in the same period, and does not rise;
5. Borrowing students do not need to pay interest during their normal school days, but need to pay interest themselves after graduation;
6. If the borrower wants to repay the loan in advance, he can only choose to pay off the loan in advance in one lump sum. At present, partial prepayment is not supported.
How to handle the student loan process?
The whole application process is divided into six parts, taking a qualified student as an example:
Step 1: Students apply.
Students apply to their school institutions within the specified time, receive the "National Student Loan Application Approval Form" and other materials, fill them out truthfully and completely, and prepare relevant supporting materials to return to the school's national student loan agency.
Step 2: The school institution conducts the loan preliminary examination.
The school organizes students to apply for loans and accepts student loan applications within the annual loan amount and control ratio issued by the National Student Loan Management Center.
Step 3: The handling bank approves the loan.
The handling bank shall complete the audit within 20 working days after receiving the information form and application materials submitted by the school.
Step 4: Sign a loan contract with the students.
After the loan application is approved, the school will organize students to fill in and sign loan contracts and IOUs within 10 working days according to the loan student roster provided by the handling bank, and submit them to the handling bank.
Step 5: Borrow.
The handling bank shall, within 20 working days after signing the loan contract and receipt with the borrowing students, uniformly transfer the first-year tuition, accommodation and living expenses loans into the designated account opened by the school in the handling bank.
Step 6: Repay the loan.
Students who borrow money should pay attention to their own credit and repay on time after completing their studies with student loans.
What is the application process of China Bank's national student loan?
China Bank's national student loan application process:
1, offline mode:
(1) Students submit loan applications to the financial aid management institutions of colleges and universities; The application for national student loan can be submitted through online channels such as personal online banking and personal mobile banking of Bank of China, and paper applications can also be submitted to universities offline.
(2) Colleges and universities shall conduct preliminary qualification examination on the national student loan application submitted by students, and be responsible for the authenticity of the student loan application qualification. Colleges and universities should complete the examination within 20 working days after receiving the application for student loans, form a list of students who intend to agree to apply for loans, and complete the preliminary examination.
(3) After the completion of the preliminary examination, colleges and universities should confirm the qualified loan application stamped with the official seal within 5 working days, inform the students applying for loans of the preliminary examination results, and prepare the Information Form for Examining Students Applying for National Student Loans according to the requirements of the handling bank, and send it to the handling bank together with the application materials in the form of electronic documents and written documents.
(4) The handling bank shall complete the audit within 10 working days according to the regulations after receiving the "Information Form for Examining Students Applying for National Student Loans" and application materials submitted by universities and institutions. If there are errors or omissions in the materials submitted by institutions of higher learning, the handling bank may ask the institutions of higher learning to correct or supplement them, and the handling bank shall conduct a review. The audit of the handling bank shall be completed within 5 working days after the institutions of higher learning submit the corrected or supplementary materials.
(5) Through the online channel of national student loan, colleges and universities can conduct online preliminary examination in the system and submit it to the handling bank, without the need for paper materials such as the Application Form for National Student Loan and the Information Form for Students' Application for National Student Loan.
(6) The handling bank shall send the loan contract (format) and the IOU text to institutions of higher learning within 5 working days after the completion of all the examination and approval work.
(VII) Institutions of higher learning should organize students to fill in and sign loan contracts and IOUs within 5 working days after receiving the loan student roster, loan contract text (format) and IOUs recognized by the handling bank.
(8) Colleges and universities submit loan contracts and IOUs signed by students to the handling bank. The handling bank shall, within 10 working days, complete the review of loan contracts and IOUs signed by borrowing students submitted by colleges and universities, and sign loan contracts. After the signing of the loan contract, the handling bank will deliver the loan contract kept by the university institution and the borrowing student to the university institution within 2 working days, and the university institution will hand over one of them to the borrowing student within 2 working days. Colleges and universities should require borrowing students to sign the receipt of the loan contract, which will be stamped by the school and then fed back to the handling bank.
2. Online mode: After May 29, 2022, the policy will resume online channel application:
(1) If the online mode is adopted, it shall be examined and approved by the Bank of China and then by the university.
(2) After receiving the student's application, the handling bank shall review the compliance and completeness of the materials submitted by the students and the student's credit information according to the requirements of the loan policy, and complete the loan approval within 15 working days after the application materials and supporting materials are complete. If the student's application information is wrong or the submitted materials are wrong or omitted, it shall be returned to the student for correction or supplement. The handling bank has the right to approve the loan and submit it to the undertaking institution of the university.
(3) The undertaking institutions of colleges and universities should examine the authenticity of students' family financial difficulties qualifications and enrollment registration. At the same time, according to the amount of tuition and accommodation required by students, the loan amount applied for will be reviewed and adjusted. The undertaking institution of a university shall complete the examination and approval through the Shang Yi _ National Student Loan System of China Bank within 20 working days after receiving the application for student loan approved by the bank. Colleges and universities can complete the loan review in batches.
(4) After being approved by the handling bank and the university undertaking institution respectively, the two parties organize students to sign a loan contract in the personal mobile banking of BOC, and the loan process will enter after the contract is signed. Students can check the signed loan contract at the personal mobile banking terminal of BOC. After the personal mobile banking of China Bank signs the loan contract, the handling bank shall prepare a student list page, which shall be sealed by the university undertaking institution, and the sealed student list page shall be filed as required. If the university needs to keep the loan contract, the handling bank should print the loan contract signed by the mobile banking terminal and submit it to the university organizer.
Colleges and universities can inform their parents or other legal guardians of the loan information of the borrowing students in time by means of e-mail, SMS, telephone, WeChat and registered letter.
The above contents are for your reference. Please refer to the actual business regulations.