If the borrower fails to repay the loan within the time limit and amount agreed in the repayment agreement signed with the handling bank after graduation, it will be regarded as exceeding. Student loans don't need to be repaid immediately after graduation. Many students set a grace period of two to three years. If the borrower fails to pay the interest on time within the grace period, or fails to repay the loan on time after the grace period, it will also be regarded as overdue.

How is a student loan considered overdue? It is specially provided for students from poor families in colleges and universities. Borrowing students do not need to apply for loan guarantee or mortgage. Apply to the bank after entering school, or apply for a loan in the county (city, district) where the household registration is located before entering school. After receiving the money, they can use it to make up for all kinds of expenses during their school days. Student loans do not need to be repaid immediately by the borrower, but they are generally repaid in installments after graduation.

Therefore, if the borrower fails to repay the loan according to the time limit and amount agreed in the repayment agreement signed with the handling bank after graduation, it will be regarded as overdue.

Of course, we need to pay attention to the fact that student loans are not repayable immediately after graduation. Many students set a grace period of two to three years. After all, it is necessary to consider that some students may not be able to find jobs in time after graduation.

During the grace period, borrowing students generally only need to pay interest as agreed in the contract, without having to repay the loan principal. After the grace period expires, according to the agreement, it is enough to repay the principal and interest of the loan by annual installments (borrowing students who have studied for more than 4 years and continue to pursue higher degrees will shorten the period of paying the principal and interest after graduation accordingly).

If the borrower fails to pay the interest on time within the grace period, or fails to repay the loan on time after the grace period, it will also be regarded as overdue.

What about studying in loans overdue? First, if I study in loans overdue, the first thing I should do is to repay the overdue debt as soon as possible, then get in touch with the agency for student loans as soon as possible, explain the reasons for my overdue, and then negotiate with the other party to ask the other party to be tolerant, so as to save my credit and try my best to save it.

Secondly, if a student's loans overdue is caused by changing his mobile phone number, and I don't know it, this situation is not malicious overdue. The borrower can choose to correct the overdue record after showing the non-malicious overdue certificate to the bank that handles the loan. It should be noted that non-malicious overdue can only be applied once. If you apply for this reason many times, neither the bank nor the credit reporting agency will agree.

Third, if you accidentally forget to repay, then the most important thing is to pay off the arrears and default interest. The borrower can set up automatic repayment, or set up a reminder to transfer the money to the repayment account every month to avoid overdue. If loans overdue, the student loan, is recorded in the credit information or files, it will always affect every aspect of everyone's life and work.