Declaration procedure

loan application

The borrower applies for a loan to the county (city, district) where his household registration is located (hereinafter referred to as "county-level rescue center") and fills in the following materials:

1. The borrower and the original and photocopy of the borrower's household registration book;

2. The original and photocopy of the borrower and the borrower's identity card (or valid identity certificate);

3. Student identification. 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.

Contract signing

(1) Application materials → (2) The local student aid center instructs the borrowing students to sign the loan contract of student-origin credit student loan at the handling bank with the student-origin credit student loan.

Contract receipt

① Borrowing students bring the contract receipt to the school →→→② The school sends the contract receipt back to the student's county-level financial aid center according to the contract, and submits it to the provincial student financial aid management office for review.

loan origination

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.

Change of contract

After the signing of the loan contract, if the borrower needs to change the personal account name or account number, or the borrower cannot repay the loan according to the repayment plan agreed in the loan contract due to reasons such as continuing his studies or dropping out of school, the contract can be changed with the approval of the county-level funding center. In principle, the adjustment of repayment plan can only be agreed in the contract and cannot be postponed.

Extended data

Relevant knowledge of student loan interest

The interest rates of national student loans and student credit student loans shall be subject to the benchmark interest rate of the same grade in the same period published by the People's Bank of China, and shall not rise. The interest of students during their school days is fully subsidized by the finance. Interest actually repaid by students after graduation

Interest rate advantage of countries and places of origin The interest rate of student loans is the same as the benchmark interest rate of RMB loans published by the People's Bank of China when granting loans. Interest-free during school, interest-free for one-time repayment after graduation, and interest for installment 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.