College students' loans can be repaid in advance, and June 20th 1- 10 is the prepayment date. Borrowing students should apply to the university financial aid center or log on to the student online service system before 10/-10, and deposit the repayable loan principal and interest into the designated account before 15 of the current month. In case of prepayment, the remaining principal of the contract shall be paid off in one lump sum and the interest shall be settled. Repay the interest calculated according to the interest rate agreed in the contract and the actual service life in advance, and charge no other fees except the interest payable. Conditional branch schools can allow borrowing students to repay in advance at any time.

Note that the loan interest can be repaid every year from 1 to 65438+February. The application for prepayment (i.e. prepayment of principal and interest) can only be processed on 1- 10 month, and can only be processed on the1-10 day of this 10 month, and the application can only be processed on the current month 10.

When is prepayment not allowed?

Early repayment is not allowed from June 1 65438+1October1to February 3 1 every year, because China development bank and correspondent banks have to settle interest every year, otherwise they can repay in advance.