There is a grace period for students during school and two years after graduation. After the grace period is over, students and their parents (or other legal guardians) will repay the loan principal and interest in installments according to the loan contract. Borrowing students who have studied for more than 4 years and continue to study for higher degrees (including graduate students and second bachelor's degrees) will shorten the period of repayment of principal and interest after graduation.

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Repayment of student loans from students' places of origin: Borrowing students require to repay student loans after graduation. Student-origin student loans are repaid through Alipay account. It should be noted that the normal repayment date of student-origin student loans is before 65438+February 20, and the repayment date of the last year is before September 20. If it is overdue, remember to repay it as soon as possible. Alipay can make overdue repayment on the 20th of each month.

In order to standardize loan management and avoid unnecessary legal disputes, the Development Bank stipulates that student loan contracts should be signed once a year. When signing a loan contract for the first time, the borrower and the borrower must be present at the same time; When renewing the loan and signing the contract, the borrower or the borrower can handle it with the power of attorney. From 20 1 1, the terms of the new version of the student loan contract stipulate that the borrower and the borrower authorize each other by default, and there is no need to sign a power of attorney.

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