Commercial credit loan

Full-time junior college students (including vocational college students), second bachelor's degree students and graduate students with financial difficulties in their families apply for national student loans through the student financial assistance management institutions in the counties (cities, districts) where their household registration is located (in some areas, they apply directly to relevant financial institutions). Students and parents are * * * borrowers, and both parties are responsible for repayment.

operation sequence/order

Students' credit student loans are applied, approved and issued on an annual basis. Before the start of the new semester, students apply for loans from the county (city, district) student financial assistance management center where their families are located (some areas directly apply to relevant financial institutions). The county-level student financial assistance management center is responsible for the preliminary examination of the qualifications of the applications submitted by students. Financial institutions are responsible for the final approval and issuance of loans.