What is the loan period in the student loan application for the student’s place of origin?

The loan term of the credit student loan is based on the student’s place of origin. Borrowing students should choose the loan term based on the admission institution and the academic system of the major. The upper limit of the loan period is "years in school + 10 years", the longest cannot exceed 14 years, and the shortest cannot be less than 6 years. For specific matters, it is recommended to call the official customer service hotline of China Development Bank for detailed consultation.

Warm reminder: The above content is for reference only. For details, please refer to the official reply from China Development Bank.

Response time: 2021-06-23. For the latest business changes, please refer to the official website of Ping An Bank.

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In principle, the period of credit student loans in the place of origin is determined based on the full-time undergraduate and junior college system plus 10 years, and the maximum shall not exceed 14 years Year.

National student origin credit student loans refer to loans issued by the China Development Bank to freshmen and current students of ordinary colleges and universities with financial difficulties from eligible families, and are processed in the county (city, district) where the student’s registered residence is before enrollment. Student loans.

Loans from the student’s place of origin are credit loans. Students and parents (or other legal guardians) are the same borrowers, and both parties bear the responsibility for repayment.

The financial institution for credit student loans in the student’s place of origin is mainly undertaken by the China Development Bank, and other banking financial institutions are encouraged to carry out this business. The specific undertaking banks are jointly organized by the local finance, education, and banking regulatory departments. It shall be determined through consultation with China Development Bank and other financial institutions. What is the due date for repayment of credit-based student loans in the student’s place of origin

The due repayment date for the credit-based student loan from the student’s place of origin: After the borrower graduates, he or she is required to start repaying the student loan. Student loans from the student's place of origin are repaid through an Alipay account. It should be noted that the normal repayment date for student loans in the student’s place of origin is before December 20 each year, and the final repayment date is before September 20. If the payment is overdue, remember to repay it as soon as possible. Alipay can make overdue repayment on the 20th of every month.

Note: Credit-based student loans refer to financial institutions such as the China Development Bank that are issued to eligible freshmen and current students of ordinary colleges and universities whose families have financial difficulties (hereinafter referred to as students). Students and parents (or other Legal guardians) apply to the student financial aid management center or financial institution in the county (city) where the student is registered as a student loan to help students with financial difficulties pay for tuition and accommodation fees during their studies at school.

Credit student loans from the student’s place of origin are credit loans and do not require guarantees or mortgages. Students and parents (or other legal guardians) are the same borrowers, and both parties bear the responsibility for repayment.

Extended information:

Relevant notes on credit student loans in the student’s place of origin:

1. Frequency of signing loan contracts: In order to standardize loan management and avoid inaccuracies In case of necessary legal disputes, the Development Bank stipulates that the student loan contract in the student's place of origin must be signed once a year. When signing the loan contract for the first time, the student borrower and *** and the borrower must be present at the same time; when signing the loan contract for renewal, either the student borrower or *** and the borrower can handle the process with a "Letter of Authorization".

From 2011, the terms of the new version of the student loan contract for the student’s place of origin stipulate that the borrowing student and *** the same borrower have a mutual authorization relationship by default, so there is no need to sign a "power of attorney".

2. ***Same borrower: ***The same borrower is the parent or legal guardian of the borrower student in principle, and the household registration must be consistent with the household registration of the borrower student before entering school; ***The same borrower is not Parents must be between 25 and 60 years old. If the same borrower is over 60 years old at the time of application, please change the same borrower.

3. Materials required for initial application for student loans from the student’s place of origin: stamped application form, ID cards of myself and the borrower, and college admission notice (current students must hold student ID cards) and the above Copies of the materials; the household registration books of myself and *** and the borrower only need to be presented, no copies are required; other materials required by the financial aid center. Starting from 2011, students only need to go to the University Financial Aid Center to apply for electronic receipts online, and there is no need to mail paper receipts.

4. Materials required for re-application of credit student loan from the student’s place of origin: application form signed by the student and a copy of the student ID card.

If the student or the borrower cannot go to the application site, the other party can apply with a "Letter of Authorization" (not required in the 2011 new version of the contract). Certification issued by the university funding department that the applicant has not applied for a national student loan at the university.

Baidu Encyclopedia-Credit Student Loan

Baidu Encyclopedia-National Student Loan