Students don't need to pay interest during their school days, and the interest is subsidized by the finance. If students can repay their loans in one lump sum immediately after graduation, they will enjoy interest-free; However, if you choose to repay by installments after graduation, you need to pay interest.

The specific interest calculation method is:

1, the national student loan interest rate is 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 does 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%.

2. If the loan is repaid in advance, the handling bank will calculate the interest according to the actual term of the loan, and will not charge any other fees except the interest payable. Interest = loan amount * corresponding annual interest rate * loan days /365.

Precautions:

Pay interest on time: the term of student loan is 10 year, and the interest rate is subject to the benchmark interest rate. Students' interest during school is fully subsidized by the state, and they have to pay their own interest after graduation. Considering that some students may not be able to find jobs in time after leaving school, the state has also set a grace period of two years after graduation. During the grace period, students only need to pay interest without repaying the principal.

However, due to the lack of understanding of the policy, many students think that the grace period means no repayment and no interest. Therefore, it has caused some overdue repayments, which will have a negative impact on personal reputation.

The national student loan is an important measure taken by the CPC Central Committee and the State Council to improve the financial aid policy system of ordinary colleges and universities in China and increase the financial aid for poor students in ordinary colleges and universities under the conditions of socialist market economy. Borrowing students apply for loans from the bank through the school to make up for the lack of tuition, accommodation and living expenses during their studies at school, and repay them in installments after graduation.

The term of the student loan is 10 year, and the interest rate is based on the benchmark interest rate. Students' interest during school is fully subsidized by the state, and they must pay their own interest after graduation. Considering that some students may not be able to find jobs in time after leaving school, the state has also set a grace period of two years after graduation. During the grace period, students only need to pay interest without repaying the principal. However, due to the lack of understanding of the policy, many students think that the grace period means no repayment and no interest. As a result, there have been some cases of overdue repayment.

In 2022, student loans do not need to pay interest.

Hello, what you want to ask is whether the student loan in 2022 should be repaid with interest. If so, the interest-free principal of the national student loan in 2022 can be extended by 1 year.

The Ministry of Finance, the Ministry of Education, the People's Bank of China and the China Insurance Regulatory Commission of the Bank of China jointly issued a notice recently, exempting the loan students who graduated in 2022 and previous years from the national student loan interest that should be repaid in 2022, and the repayment of the principal of the national student loan can be postponed 1 year. The introduction of this measure will benefit more than 4 million college graduates.

According to the notice, the object of interest exemption and deferred repayment of principal this time is loan students who graduated in 2022 and before and should repay the principal or interest in 2022. Graduates who have settled the national student loan before the issuance of the Notice are not within the scope of this policy. The exempted interest shall be borne by the central finance and local finance respectively, and the deferred loan shall not be subject to penalty interest and compound interest, and the risk classification will not be reduced temporarily.

There is no need to apply for interest-free, and it will be handled directly by the undertaking bank. For the newly graduated loan students in 2022, the national student loan interest will be fully subsidized by the finance during the school period. After graduation, the personal interest will enter the repayment period in 2022 and be exempted. For loan students who graduated in previous years, the interest on national student loans due in 2022 and the penalty interest arising from overdue loans before 2022 are exempted.

The repayment of the principal of the national student loan due in 2022 can be extended 1 year: loan students in the grace period of repayment of the principal do not need to repay the principal of the loan in 2022, and the policy of deferred repayment of the principal of the loan is not applicable, and the loan term remains unchanged. Students who are in the loan repayment period can postpone the repayment of the loan principal in 2022 by 1 year upon their own application, excluding penalty interest and compound interest, and the policy of the longest loan term remains unchanged. If I fail to submit the application, I will repay the loan principal according to the original contract by default.

Do you want to return the state grant?

Question 1: Should the state grant be refunded? If you have a chance to get a grant, you don't have to repay it, but you must repay the student loan.

Just like many rich people eat subsistence allowances now.

Question 2: Does the national student loan need to be repaid? The grant is a subsidy given by the state, so you don't need to pay it back. But if you apply for a student loan, you have to pay it back, but there is no interest. Grants, the number of places in each class is limited, and these policies can be learned in official website. These are all preferential policies given by the state to contemporary college students. However, we can't take this grant for granted, and we don't have to pay it back.

Question 3: Will the grant be repaid in the future? Is the university a state grant? If there is, there is no need to return it.

Question 4: Freshman applied for a national grant. Do I need it later? State grants are applied according to the academic year, that is, once a year, with limited places. Therefore, after applying, I have to choose according to the results of the last academic year in my class, so I still have to apply again! I hope it helps you!

Question 5: You don't have to pay back the 10 points when you apply for a national grant. Please feel free to use. The state grant is to help college students with excellent academic performance and poor family economic conditions. This is a free subsidy set up by state and local governments. I hope you can really use the money. Although you don't need to return, I hope you can remember this kindness and serve the country and do something for the country and the people in the future.

Question 6: Do you need to return the grant, but you may have to give it to the teacher when you get it.

Question 7: What do you think of the state grants? For example, I got a grant through facts this year. Will there be another one next year? Or do you want to reapply for a state grant? You can apply every year. As long as it meets the requirements and the counselor agrees, it can be obtained every year.

Question 8: Family conditions are average. Is it necessary to get funding? This is necessary. State grants help needy students, of course, if you feel that your family situation is average. Still need to reduce the pressure at home. Scholarship is an act of subsidizing national interests.

Don't you have to pay interest on student loans this year?

As we all know, due to various reasons of the current epidemic, the economy of ordinary people is relatively difficult, and many loans overdue are common. Therefore, the state has also begun to relax various credit policies, especially for lenders who have difficulties in housing payment, extending the repayment period and not pushing personal credit information. Under the impact of this year's epidemic, more than10 million college graduates are facing many difficulties and challenges, and many graduates are facing great economic pressure in repaying the principal and interest of the national student loan. No, the state has also introduced a bail-out policy for this purpose. .

The Ministry of Finance, the Ministry of Education, the People's Bank of China and the China Banking Regulatory Commission issued the Notice on Doing a Good Job in Interest-free and Deferred Repayment of the Principal of the National Student Loan in 2022. According to the notice, the loan students who graduated in 2022 and before will be exempted from the national student loan interest that should be repaid in 2022. For the national student loan principal that should be repaid in 2022 by the loan students who graduated in 2022 or before, the repayment can be postponed 1 year upon the independent application of the loan students, with no penalty interest and compound interest, and the risk classification will not be reduced for the time being. In addition, overdue ones are not included in personal credit information.

Moreover, this interest-free adjustment, students do not need to apply, directly handled by the undertaking bank. For loan students who graduated in previous years, the interest on national student loans due in 2022 and the penalty interest arising from overdue loans before 2022 are exempted. Some students in previous graduation years may have repaid the national student loan interest this year, and the undertaking bank will refund the deducted interest to their personal accounts. There is no need to apply for interest-free national student loans, but the deferred repayment of the principal requires the students to apply through the relevant channels of the undertaking bank, otherwise the loan principal will be repaid in default according to the original contract this year. At present, the relevant application channels of the undertaking bank are being opened, and the loan students will be informed in time after opening, so please pay attention to the relevant information!

This notice is simply good news for borrowers of student loans. It is not easy to enter the university and finish school. However, if the personal credit record is affected by student loans overdue, all previous efforts will lose value. I hope every overdue student will cherish his personal credit record, which is priceless compared with overdue loan funds and interest. On the other hand, it also shows the country's concern and attention to the employment of key groups such as college graduates.

From this adjustment, we can see that the current employment problem is more severe, especially graduates, who are already a part of the economically disadvantaged groups. If a relatively loose credit policy is not introduced, their confidence will be severely hit and their studies will be affected. Some graduates have not entered or are about to enter, and all aspects of preparation are not ready yet. Therefore, the introduction of this policy is really timely, and I hope that more will be introduced in the future.