1. Does anyone know when student loans will start?

I don’t know whether you want to apply for a student loan from the student’s place of origin or a national student loan. Many provinces offer student loans from the place of origin. It has already started (you have to tell me clearly which province you are from before I can tell you the specific application time). National student loans are generally handled by the school. You can ask your counselor. , but you can also look at the student loan information of China Yidai.com, which has a detailed introduction to student loans. If you miss the application time and really need a loan, you can go to Yidai.com to apply online.

2. When does the student loan start?

The time when student loan interest starts to be calculated is divided into the following time points according to different types of loans:

1. Commercial student loans For commercial student loans, they generally borrow money from Interest is calculated from the beginning when a student applies for a student loan. The calculation method of interest is mainly determined by the lending institution applying for the loan;

2. Student loan from the student’s place of origin Student loan from the student’s place of origin starts to calculate interest in September of the year the college student graduates. Before graduation, the interest on student loans in the student's place of origin is subsidized by the government. Students who borrow money do not need to pay interest. After graduation, students begin to repay the loan every year. Loan interest after September 1 of the year the student graduates will be borne by the borrower, and the government will no longer subsidize the interest. Different from the monthly repayments of ordinary medium and long-term loans, student loans for the student's place of origin are repaid once a year. The annual repayment time is before December 20, and the interest settlement date of the last year is September 20. The interest on the loan in the place of origin is calculated annually based on the actual number of days. The loan interest for student loans in the student's place of origin is calculated based on the central bank's benchmark interest rate, and the interest rate will not rise.

3. National student loans The calculation method and start date of loan interest for national student loans are the same as the calculation methods and time for student loans in the student’s place of origin.

3. When will the application for student loans for college students begin?

The deadline is September. If a student does not need a loan midway due to an improvement in economic conditions or other reasons while in school, the student can submit a written application to the bank to terminate the loan disbursement through the school 10 days before the loan is disbursed that year. After obtaining the consent of the bank, the student will go through the procedures such as changing the loan contract with the bank.

When students who borrow money transfer to another school, they must first repay the principal and interest of the loan in the original bank, and then the school can handle the transfer procedures for them.

Loan applications for current students

Banks do not directly accept loan applications from current students. Students applying for loans must submit a loan application to the designated department of their school (usually the Student Affairs Office) with their valid ID within 10 days before and after the start of the new school year, receive and truthfully fill in the "National Student Loan Application Form" and "Application for National Student Loan". Loan Commitment Letter" and other relevant materials.

50% of the interest on national student loans borrowed by students will be subsidized by the state finance, and 50% will be borne by the individual students.

The student borrower and the handling bank should agree on the repayment method and time when signing the loan contract. A flexible principal and interest repayment method is adopted, and the loan can be repaid in advance, or the interest can be paid off with the principal, or repaid in installments (annually, quarterly or monthly). The specific repayment method is agreed upon by the lender and the borrower and is included in the contract. Repayment begins no later than the first year after graduation.

The principal and interest of the student loan should be repaid within 4 years after graduation. With the consent of the lending bank, the state student loan can be extended, but the state will no longer provide interest discounts for overdue loans.

For the above content, refer to Baidu Encyclopedia - Student Loans for College Students

4. When does the interest on student loans start to be calculated after graduation?

9< of the year of graduation

The specific interest calculation method is:

1. The national student loan interest rate shall be implemented in accordance with the legal loan interest rate announced by the People's Bank of China and the relevant national interest rate policies, and will not rise. The current loan annual interest rate is: one to five years (inclusive): 5.0; more than five years: 5.15.

2. If the loan is repaid in advance, the handling bank will calculate the interest based on the actual term of the loan, and will not charge any other fees except the interest payable. The annual interest rate shall be the number of loan days/365.

1. Commercial student loans

Commercial student loans generally determine the interest calculation institution at the beginning of the loan.

2.

Student loan interest in the student’s place of origin will be subsidized by the government before graduation. For example, if an undergraduate student applies for a student loan from the place of origin in 2019, and the loan period is 7 years, then the interest generated from enrollment in September 2019 to graduation in June 2023 will be subsidized by the government, while in Interest accrued starting from September 2023 needs to be borne by the borrower himself

3. National student loan

Loan interest calculation of national student loan Calculation method of student loan in the student’s place of origin

It is worth mentioning that student loans can be repaid without interest. The borrower only needs to repay the loan before August 20 of the year of graduation. But it should be noted that the borrower must arrive between July 16th and August 15th, and arrive on August 20th