The National Development Bank student loan interest is divided into the following two situations:

1. The interest of the interest-free student loan of China Development Bank during the school period is borne by the state during the student's study period, that is, there is no need to bear interest during the school period.

2. charge interest after leaving school. After graduation, one-time repayment is interest-free, and installment repayment requires interest repayment. The longest repayment period of student loans is longer than that of national student loans. To put it bluntly, the total principal and interest is greater than the student loan, and the repayment pressure is heavier than the national student loan.

Student-origin credit student loan refers to the student loan issued by China 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.

The funds are mainly used for students to pay tuition and accommodation fees during their school days. Student-origin credit student loan is an important part of national student loan. ?

Extended data:

application for insurance

Generally speaking, students from poor families need to apply for national student loans from local banks through their schools. In principle, students apply once during their school days, and the bank issues national student loans by stages.

What materials do I need to provide to apply for a national student loan?

1, national student loan application.

2. Copy of my student ID card and resident ID card (minors must provide valid identification of legal guardians and written consent to apply for loans).

I explained the financial difficulties of my family.

4. Proof of family financial difficulties issued by the relevant department where the student's family is located. The students themselves shall bear legal responsibility for the authenticity of the certification materials provided by them.

examine and approve

The relevant departments of the school are 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; The bank is responsible for the final examination and approval of student loan applications.

References:

Baidu encyclopedia-student loan