According to relevant regulations, the repayment time for student loans is December 20, and the repayment time for the last loan principal and interest is September 20 of the same year. Loan students can apply for early repayment before July 10th of each year, and the interest calculation deadline is the 20th of this month. If the application is made after July 10th (not including the current month), it will be considered as early repayment the following month. For repayment applications, interest will be calculated until the 20th of the next month.

What are the repayment methods for student loans?

1. Before the student graduates, the loan must be repaid in one lump sum or in installments;

2. After the student graduates, the loan must be repaid based on their active funds;

3. After the student’s internship period expires, the employer will deduct it from the student’s salary monthly for 2 to 5 years;

4. The employer where the graduate works, the exemption and repayment of the loan depends on the student. Work performance;

5. If a student with a loan violates national laws, violates school discipline, is expelled from school, ordered to drop out of school, or the student voluntarily withdraws from school, his or her parents should bear all the responsibility for repaying the loan.