(1) The interest rate of student-origin credit student loan is based on the benchmark interest rate of the same grade published by the People's Bank of China in the same period, and does not rise. (2) Students' interest during school is fully subsidized by the finance, and the interest after graduation is shared by the students and their parents (or other legal guardians).

Loan term:

(1) In principle, it is determined by the number of years of full-time undergraduate education (students according to the remaining years of education) plus 10 years, and the longest loan period shall not exceed 14 years. Students begin to repay the loan principal in installments according to the loan contract two years after graduation from the normal academic system.

(2) The two-year grace period is for students at school and after graduation. After the grace period, 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 pursue higher degrees (including graduate students and second bachelor's degrees) will correspondingly shorten the time limit for students to pay principal and interest after graduation.