As we all know, the student loan is a loan specially launched by the state for poor students. Under normal circumstances, bank student loans are of a poverty alleviation nature, mainly because eligible students can apply for student loans from the State Bank. So, what is the process of applying for a student loan for the first time in sophomore year?

The process of applying for a student loan for the first time as a sophomore is as follows:

1 Prepare application materials

After the start of the new school year, students apply for loans from banks through schools. And provide the national student loan application, my student ID card, a copy of my resident ID card, a description of my family's financial difficulties, and a certificate of family financial difficulties issued by the relevant departments where the students' families are located.

2 loan approval

The student financial assistance department of the school is responsible for the qualification examination of the national student loan application submitted by the students and checking the authenticity and completeness of the materials submitted by the students. After that, the bank is responsible for the final approval of the student loan application.

3 Waiting for a loan

After completing the above steps, students who apply for loans only need to wait for the bank to approve the loan.

It should be noted that the state still has regulations on the amount of student loans. Full-time undergraduate students do not exceed 8000 yuan per academic year, and full-time graduate students do not exceed 12000 yuan per academic year.