1. Application conditions for student loans of rural credit cooperatives 1, with China nationality, at least 18 years old, in principle, no more than 60 years old, and full capacity for civil conduct; 2, honest and trustworthy, law-abiding, no criminal record, the school's serious warning and punishment records and bad credit records; 3. Freshmen who have been officially admitted to full-time ordinary undergraduate colleges, higher vocational schools and junior colleges (including private colleges and independent colleges, and the list of schools is subject to the announcement of the Ministry of Education) and have obtained a true, legal and effective admission notice, or undergraduates, graduate students and second bachelor's degree students studying in colleges and universities; 4. Students' pre-school household registration and their parents' (or other legal guardians') household registration are in the service area of rural credit cooperatives and hold legal identity documents; 5. The family is in financial difficulties, and the income they can get is not enough to pay for the basic expenses needed to complete their studies at school; 6. Parents (or other legal guardians) of students are willing to apply for student-origin credit student loans with the borrower as * * *, and undertake joint repayment obligations; 7, did not apply for national student loans and commercial student loans; 8. Ensure that effective contact information and detailed address are provided to the agency before the loan is paid off after graduation; 9, other conditions stipulated by the rural credit cooperatives. Two. Submission and review (1) After the first loan and further education students have passed the review by the county financial aid center, they will submit the following approval materials to the bank: ① student ID card; ② Family booklet; 3 admission notice or student ID card; (4) Tuition fees and university account information; ⑤ Proof of family difficulties (optional in the application form); ⑥ * * With the payer's ID card (2), students who renew their loans do not need to submit materials, but directly log on to the website to apply for loan renewal, which needs to be confirmed by the university and audited by the funding center. Three. Application process of student loan in rural credit cooperatives: (1) The first batch of loan student users fill in and submit the application form after registering and logging in. (2) On the login page, students who renew their loans and pursue further studies choose "Student User" as the user type, with the login account number as student ID number and the initial password as:111. After logging in, they initiated a "loan extension application" in the "loan application management". 3) Funding centers and university users are activated before logging into the system. Iv. The repayment method of student loans of rural credit cooperatives is 1. The loan interest of students during their study period is calculated according to the loan benchmark interest rate applicable to the agreed loan term, and the loan interest owed during their school period is not subject to compound interest; 2. Repaying the principal and interest of the loan after graduation: if the loan term is within 1 year (inclusive), the principal and interest can be repaid in one lump sum; If the loan term exceeds 65,438+0 years, the average capital repayment method or the equal principal and interest repayment method can be adopted, and it can also be repaid in monthly or quarterly installments or in one lump sum at maturity; If it is necessary to change the repayment method, the borrower should apply to the agency before the students leave school, go through the repayment confirmation procedures, formulate the repayment plan, and sign the Supplementary Agreement on Repayment of Student Loans. Interest on loans owed after graduation should be accrued and compounded. 3. The lender allows eligible borrowers to repay the loan in advance. The specific way to repay the loan in advance is determined by the borrower and the borrower through consultation, and the interest is calculated according to the actual term of the loan, and no other fees are charged except the interest payable. 4. Lenders can also stipulate a two-year loan grace period in the contract depending on the employment situation of students after graduation. During the grace period, only the interest is paid, not the principal. After two years, repay and pay off the loan principal within the contract period. The above is the relevant information compiled by huafa for everyone. In daily life, we should know some common legal knowledge, so that we can use legal knowledge to safeguard our rights when we need help. If you have any other questions, please come to China Law Network for legal consultation. We will have lawyers to provide you with professional advice.