College students applying for student-origin credit student loans must meet the following conditions:

(1) A natural person with full capacity for civil conduct.

(2) Have a permanent residence ID card and a detailed address of the school and its department.

(3) Having the student ID card, school registration certificate and other relevant certificates issued by the school; Proof of tuition, living expenses and other related learning expenses required by students during their study; Loan application form or relevant certificates approved by the introducer.

(4) Students who meet the requirements of the loan bank and their moral performance prove that there is no bad credit behavior.

(5) Other conditions stipulated by the lending bank.

According to the national student loan policy, students who apply for this loan do not need to pay interest during their normal study at school, but they need to bear the loan interest from September 1 day of the graduation year.

The national student loan interest rate shall be implemented in accordance with the statutory loan interest rate announced by the People's Bank of China and the relevant national interest rate policies, and shall not rise. The current annual loan interest rate is: one to three years (inclusive): 5.76%; Three to five years (inclusive): 5.85%; More than five years: 6. 12%.

It is reported that the national student loan adopts the cumulative interest-bearing method, and the interest is calculated annually according to the actual number of days.

Product interest method formula: interest = accumulated interest product × daily interest rate.

Among them, accumulated interest product = total daily balance of the account.

The value date is the loan issuance date of the Development Bank, and the interest settlement date is 65438+ February 20th every year (the interest settlement date of the last year of the loan is September 20th).

Second, how do college students apply for interest-free loans?

Interest-free loans for college students are divided into interest-free loans for students and interest-free loans for starting businesses. Interest-free student loans are issued to the student's origin and the financial aid center of the school, and are handled at the loan bank. When handling, you need to provide a letter of intent for entrepreneurial loans.

legal ground

Article 4 of the Measures for the Administration of Student Loans of China People's Bank.

Students studying in colleges and universities must meet the following basic conditions when applying for student loans: admission notice or student ID card, valid resident ID card; At the same time, two students or teachers should provide identification.

Please fill in the loan contract according to the regulations, promise to leave school, promise not to repay the loan after one year overdue, and do not propose an extension. Lenders can publish their inquiry results in institutions of higher learning or related media.

3. When will the interest-free loan for college students end?

Interest-free loans will end when you graduate, because you have the ability to work outside the school.