If you can't afford to go to college, you can apply for a student loan.
There are four main forms of student loans:
1, national student loan;
2. Student-origin credit student loan;
3. Interest-free loans issued by institutions of higher learning to students with state financial funds;
4. General commercial student loans.
The national student loan has the largest funding strength and scale, and is the main content of student loan. The national student loan is a bank loan which is led by the government, subsidized by the finance, and compensated by the finance and universities at certain risks, and jointly operated by banks, education administrative departments and universities. Borrowing students do not need to apply for loan guarantee or mortgage, but they need to promise to repay on time and bear relevant legal responsibilities.
Extended data
Repayment method of student loan:
1. Students should pay off in one lump sum or in installments before graduation;
2. After graduation, students can look at their liquidity to repay their loans;
3, graduates after the expiration of probation, in two to five years by the unit from their wages deducted monthly;
In the place where graduates work, according to their performance, they decide to reduce the loan repayment;
5. If the borrower is expelled from school, ordered to drop out of school or voluntarily dropped out of school for violating national laws and school discipline, the parents of the students shall be responsible for returning all the loans.