According to the "Regulations on the Administration of National Student Loans (Trial)", the seventeenth national student loan handling bank shall specifically determine the term of each loan according to the student's application.
Nineteenth in order to reflect the preferential policies of the state for students with financial difficulties and reduce their burden of repayment, the financial department gives interest subsidies to students who accept national student loans. 50% of the interest on loans borrowed by students is subsidized by the government, and the remaining 50% is borne by the students themselves. The financial department shall allocate loan discount funds to the student loan management center on schedule every year.
Other provisions on loans.
"Regulations on the Administration of National Student Loans (Trial)" Article 9 All schools shall designate specialized agencies to manage the national student loans of their own schools in a unified way, and be responsible for the preliminary examination of the qualifications of students applying for loans; Submit the annual loan application report of the whole school to the student loan management center on schedule; According to the loan application amount approved by the student loan management center, submit the student loan application after preliminary examination to the handling bank; Sign a national student loan management agreement with the handling bank;
Assist the handling bank to organize loan issuance and recovery, and be responsible for assisting the handling bank to collect loans; Timely statistics and provide students with changes (including students' employment, further education, transfer, dropout, etc.). ) and the actual issuance of national student loans to the superior student loan management center and the relevant handling bank report; Handle other matters assigned by the student loan management center.
Refer to the above? China government network-national student loan management regulations