Legal analysis: (1) If a student who borrows a national student loan fails to repay within the time limit and the amount of gold stipulated in the repayment agreement signed with the bank, the bank will charge a penalty interest for the amount of default repayment. (2) The handling bank will enter the default information into the basic database of personal credit information of the People's Bank of China, and financial institutions all over the country can inquire according to law. Take compulsory measures against defaulting borrowers who maliciously default on loans and refuse to provide financial services such as housing loans and auto loans. (3) For borrowers who are seriously in arrears in repayment, the relevant administrative departments and banks will publish their names, citizen ID numbers, graduation schools, specific breach of contract and other information through news media and the Internet. (4) Lenders who seriously breach the contract will also bear relevant legal responsibilities.

Legal basis: Regulations on the Administration of National Student Loans (for Trial Implementation)

(twenty-four) students can not repay the loan principal and interest on schedule, according to the relevant provisions of the people's Bank of China.

(25) For graduates who have not paid off the national student loan, the receiving unit or work unit has the obligation to assist the handling bank to collect the loan on schedule, and inform the handling bank in advance when their work changes; The handling bank has the right to recover the loan owed from its current work unit and the original work unit.