The student loan renewal time is generally between June and September. The time for loan renewal is different in different regions, and most areas usually start loan renewal from July to September. Students can contact the student loan call center to find out the loan renewal time for the current year, and then prepare the information in advance to avoid missing the loan renewal processing time.

When to apply for student loan renewal

From July to September every year, the specific time is subject to local regulations. When renewing your loan, you can apply directly online and log in to the CDB student online system to apply for loan renewal remotely. Of course, it can also be processed offline, but when applying on-site, loan students need to log in to the student online system to update personal and co-lender information, then submit a loan renewal application, fill in the loan renewal statement, print the application form and sign it. How to apply for student loan renewal

To renew a student loan, the borrower can directly find the loan in the student online service system of the China Development Bank Student Loan Information Network and select the new menu to apply. Just renew the loan.

Provide personal information, loan renewal statement, and determine the loan amount and term. You can choose to sign the contract online or sign the contract on-site at the funding center.

If you choose to sign online, you can then authorize remote acceptance and perform electronic signature and identity authentication. After the system transmits the information to the financial aid center, the financial aid center will automatically review it. After the approval is passed, the system will send a text message with a receipt code to the student. When the student starts school, he will provide the receipt code to the school, and the school will enter the information.

If you choose to sign the contract on site, after the contract is signed at the Student Financial Aid Center of the local education bureau, a receipt will naturally be issued. Students only need to bring the receipt to the school.

After the school enters the information, it will send the receipt back to the local education bureau. The education bureau will summarize it and submit it to the provincial funding center. After the Provincial Funding Management Center submits the application to the handling bank for approval, the loan funds will be released after approval.