There will be no negative impact if the student loan is not renewed.
Many college students may be afraid of not renewing their loans, which will affect their life or study. In fact, this will not happen, and there will be no negative impact on college students. After college students successfully apply for student loans, whether to continue to apply in the second year depends entirely on the economic situation and actual situation. If college students feel that their financial situation is enough to support them to go to college, there is no need to apply for a student loan.
Other provisions
College students did not apply for student loans in the second year. In fact, they can continue to apply for student loans in the third or fourth year. The interruption will not affect everyone's continued application for student loans. Therefore, college students can rest assured, because students can apply for student loans and national student loans every year. If you think it is necessary, you can also apply to the relevant departments. Moreover, everyone has already gone through the formalities of student-origin loans, so we must understand the relevant processes. However, if you want to continue to apply for a student loan in the original place after the interruption, then just like the previous procedure, you need to submit relevant documents and materials offline, and then pass the examination. If you don't want to apply for a student loan, don't submit the application in the second year.
Therefore, not applying for student-origin loan in the second year will not have any impact on college students. If you think it is necessary, you don't have to submit an application, so college students don't need to worry too much about this.