During the loan period, students who study abroad or settle down must pay off the principal and interest of the loan in one lump sum before going abroad, and the relevant departments can go through the formalities of going abroad.

Students who need to transfer shall go through the transfer formalities at their school and the handling bank, and handle the transfer of student loan debt with the proposed transfer school and the corresponding handling bank, or after the students pay off the principal and interest of the borrowed loan; For students who drop out of school, are expelled or die, their school must assist the relevant handling bank to collect the principal and interest of student loans before going through the corresponding procedures.

Extended data:

Student-origin student loan requirements:

1. Student-origin credit student loan bears interest annually, and the repayment date is 65438+ February 20th every year. 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).

2. After the signing of the loan contract, if the borrower needs to change the personal account name or account number, or the borrower cannot repay the loan according to the repayment plan agreed in the loan contract due to reasons such as continuing his studies or dropping out of school, the contract can be changed upon the borrower's own application and the approval of the county-level funding center. In principle, the adjustment of the repayment plan can only be carried out within the loan period agreed in the contract and cannot be extended.

3. The borrower's personal information and the borrower's loan default information will be entered into the personal credit information system of the People's Bank of China, and the bad credit record will have a far-reaching impact on the individual's future life and work.

Baidu Encyclopedia-Provisions on the Administration of National Student Loan (for Trial Implementation)