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If you apply for a student loan in the first year, do you need to renew it in the second year?
Yes, you must renew your contract in the second year. If you don't renew your contract, you won't get the loan. I have to pay my own tuition, but it's much easier than the first time. In the first year, when you get a student loan from a student source, you need to follow your parents and mother to complete the loan, but when you renew the loan, you only need to go in person, bring a copy of your ID card and student ID card, and the certificate given to you by the school. At this time, you take these things with you. You can go to the bursary management center of the Education Bureau to complete the loan renewal. The national student source credit student loan refers to the student loan issued by the National Development Bank to eligible college freshmen and students with financial difficulties, which is handled in the county (city, district) where the students are registered before entering school. Student loans are credit loans, and students and their parents (or other legal guardians) are the same borrower, and both parties are responsible for repayment.

I. Application materials

1, loan certification materials

Colleges and universities in various provinces and cities have opened student-origin student loans, and the qualification of students with financial difficulties in families has been completed in advance by the local education authorities. Students who have passed the pre-application examination must be certified by the graduated middle school or university to open a student-origin credit student loan in the province or city.

2. Identification materials

1. The borrower and the original and photocopy of the borrower's ID card and household registration book (the guardian can also use the military card or armed police card as valid documents);

2. Admission notice or student ID card. Freshmen with the original and photocopy of the admission notice, students with the original and photocopy of the student ID card;

Second, the declaration procedure.

1, loan application

The borrower applies for a loan to the Student Financial Assistance Management Center of the Education Bureau of the county (city, district) where his household registration is located (hereinafter referred to as the "County Financial Assistance Center"), fills in the loan application form, and provides the following materials: the borrower and the original and photocopy of the borrower's household registration book; Original and photocopy of the borrower and the borrower's identity card (or valid identity certificate); Certificate of student status. Freshmen with university admission notice and its copy; Students should show their student ID card and the proof of the borrower's source of life issued by the borrower's university.

2. Contract signing

① The local financial aid center examines the application materials →→→→→→→ The local financial aid center instructs the borrowing students to open a personal account in the handling bank →→→→→→→→ The local financial aid center issues the receipt of the student credit loan contract.

3. Contract receipt

① Borrowing students bring the contract receipt to the school → ② The school goes through the formalities according to the requirements of the contract receipt → ③ The students themselves send the contract receipt back to the student's county-level financial aid center → ④ The local financial aid center prepares a summary table and submits it to the provincial student financial aid management center → ⑤ The provincial financial aid management center submits it to the handling bank for review.

4. Lending

① The handling bank transfers the loan funds to the borrower's personal account→→→→ ② The loan funds are transferred from the personal account to the tuition account of the borrower's school.