The state provides students with national student loans by bearing part of the interest. The national student loan adopts the methods of one-time application by the borrower, one-time examination and approval by the loan bank, single account accounting and installment payment, and implements the principles of financial discount, risk compensation, credit issuance, earmarking and timely repayment. Among them, financial discount means that the state subsidizes students to apply for national student loans by bearing part of the interest.
What's the difference between policy discount and financial discount?
Lei Wen 2018-06-1410:10
There are usually two results when searching for national student loans, namely, national student loans and student-origin student loans. These two loans are national student loans. What is the difference between the national student loan and the student-origin student loan? Xi Cai Jun sorted out the seven major differences between national student loans and student-origin student loans for everyone, so that everyone can accurately understand the differences.
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Difference 1: Different meanings.
1, the national student loan is a bank loan led by the government, subsidized by the government, and jointly issued by banks and education departments, without specifying which bank will issue the loan.
2. Student-origin student loans refer to student loans issued by China Development Bank, and student-origin student loans are an important part of national student loans.
Difference 2: The application contrast is different.
1. Applicants for national student loans are domestic full-time undergraduates, junior college students (including higher vocational students), graduate students and students with second bachelor's degrees.
2. Applicants for student-origin student loans are students with financial difficulties in provinces and cities that have started student-origin student loans.
Difference 3: The loan term is different.
1, the longest loan period of national student loans shall not exceed 10 years.
2. The longest loan period of student-origin student loans shall not exceed 14 years.
Difference 4: The guarantee method is different.
1, the national student loan is a credit loan, and the borrower does not need a guarantee.
2. Student-based student loans Students and their parents form a student-based student loan. Like the lender, they need proof of guarantor or effective asset mortgage and credit user evaluation.
Difference 5: The application materials are different.
1. National student loan materials include poverty certificate, copies of ID cards of two college witness teachers, and copies of student ID cards (old students should also provide copies of student ID cards).
2. Student-origin student loan materials include poverty certificate, admission notice, school payment notice, payment card, and the applicant's ID card, household registration book and marriage certificate. It is also necessary to provide a guarantor or valid asset mortgage certificate, credit user evaluation, etc.
But in general, both of them belong to national student loans. Although there are five differences, the loan interest rate and loan amount are basically the same whether applying for a national student loan or a student-origin student loan. Therefore, as long as the conditions are met, it is ok to apply for one of the two loans, and both of them can enjoy the preferential policy of full financial discount.
What is a student loan?
1. National student loan: a bank loan led by the government, subsidized by finance, jointly compensated by finance and universities, and jointly operated by banks, education administrative departments and universities.
2. Student Credit Student Loan.
3 colleges and universities use state financial funds to handle interest-free loans for students.
4. General commercial student loan: This part of the loan can only be used for students' tuition and fees, living expenses and other learning-related expenses.
"Student loan" generally refers to "student loan"
Student-origin student loans generally refer to national student loans, which are bank loans led by the government, subsidized by the government, jointly compensated by finance and universities, and jointly operated by banks, education administrative departments and universities to help poor students in colleges and universities.
Borrowing students do not need to apply for loan guarantee or mortgage, but they must promise to repay on time, repay in installments after graduation, and bear relevant legal responsibilities.
Loan form:
There are four main forms of loans: national student loans; Student-origin credit student loan; Colleges and universities use state financial funds to issue interest-free loans to students; General commercial student loans. Among them, the national student loan has the largest funding strength and scale, and is the main content of student loan.
What does the national student loan subsidy mean? How much is the subsidy?
National student loans are financial discount loans and enjoy state financial subsidies. What does the national student loan subsidy mean? What is the maximum subsidy? Many loan students don't really understand the significance of national student loan assistance. The following mainly introduces the national student loan funding from two aspects.
Interpretation of national student loan subsidy policy
The national student loan is a financial discount loan designated by the state and issued by China Industrial and Commercial Bank to pay tuition and living expenses for full-time undergraduates and junior college students.
1. The financial department gives discount to the students who accept the national student loan, and all the interest of the national student loan during the students' study in school is subsidized by the financial department.
2. The part of the loan for poor students that cannot be recovered due shall be repaid jointly by the school and the student loan management center (including: 60% by the school and 40% by the student loan management center).
3. The state encourages all sectors of society to provide student loan guarantees and interest subsidies to students with financial difficulties in various forms.
Therefore, the subsidy of national student loans is actually multifaceted. Before the loan, the state encourages people from all walks of life to discount the national student loan. Interest is free during school after the loan, and students with special difficulties will be compensated when they repay.
How much is the national student loan subsidy?
The amount of national student loan is determined by the total loan amount, loan term and repayment period applied by the loan students. For example, if all the students are undergraduates, and one student has a loan of 24,000 yuan and one student has a loan of 1.8 million yuan, then the subsidy for the national student loan of 24,000 yuan will undoubtedly be more. Therefore, the amount of national student loans is not fixed, and the amount of loans granted to students shall prevail.
The aid of national student loans is the guarantee for poor students from poor families to successfully complete their studies. At the same time, due to the implementation and promotion of national student loans, more and more poor students will not interrupt their studies because they cannot afford tuition and fees. It can be said that the national student loan is an effective way for the state to help students with difficulties.
What is the financial discount when repaying the student loan? Do I have to pay it back with the financial discount?
There is no need to repay the financial discount. For example, the interest rate of bank loans may be 5%. Because students have no income and low credit, banks may be reluctant to take the initiative to lend to students. Therefore, the government has introduced a financial discount policy to encourage banks to lend. Suppose the financial discount rate is 3%, which means you only need to repay the principal and 2% interest.
There are two main ways of financial discount:
(1) The finance will directly allocate the discount interest funds to the beneficiary enterprises;
(2) The finance will allocate the discount interest funds to the lending banks, which will provide loans to the enterprises at preferential interest rates, and the beneficiary enterprises will calculate and confirm the interest expenses at the actual interest rates.
Extended data
Repayment method
(1) Students shall pay off in one lump sum or in installments before graduation;
(2) After graduation, students can look at their own movable funds to repay the loan;
(3) After the probation period expires, graduates will be deducted from their wages every month within two to five years;
(4) The unit where the graduates work decides to reduce the loan repayment according to their performance;
5] For students who have borrowed money, if they are expelled from school, ordered to drop out of school or voluntarily dropped out of school for violating national laws and school discipline, the parents of the students are responsible for returning all the loans.
What does it mean to discount student loans from students' places of origin?
Student-origin student loan discount refers to that after the loan student applies for student-origin student loan, the interest of student-origin student loan is subsidized by the state finance during the school period, during which the student-origin student loan does not generate any interest expenditure. This can effectively alleviate the repayment pressure of loan students. However, after graduation, the state no longer gives preferential loans to students.
The national student loan is an important measure taken by the CPC Central Committee and the State Council to improve the financial aid policy system of ordinary colleges and universities in China and increase the financial aid for poor students in ordinary colleges and universities under the conditions of socialist market economy. The national student loan is a bank loan which is led by the government, subsidized by the finance, and compensated by the finance and universities at certain risks, and jointly operated by banks, education administrative departments and universities. Borrowing students do not need to apply for loan guarantee or mortgage, but they need to promise to repay on time and bear relevant legal responsibilities. Borrowing students apply for loans from the bank through the school to make up for the lack of expenses during their school days and repay them in installments after graduation. On August 8, 20 12, the new student loans of the development bank will exceed 1200 million yuan.
Public full-time colleges and universities should actively implement the national student loan policy and cooperate with students from poor families in colleges and universities to handle national student loans. In addition, some private colleges and universities have launched national student loans, and students should pay attention to the relevant statements in the school enrollment brochure or admission notice. After the promulgation and implementation of the State Council's Opinions on Establishing and Perfecting the Financial Aid Policy System for Students from Poor Families in Colleges, Higher Vocational Schools and Secondary Vocational Schools (Guo Fa [2007]13) and its supporting measures, the state has established various forms of financial aid policy systems for students from poor families in colleges and universities, such as national scholarships, national inspirational scholarships, national grants, free education for normal students, national student loans, work-study programs, tuition fee remission and so on. When students from poor families are admitted to universities, they can first report on time through the "green channel". After entering the school, the school verifies the family's financial situation and then adopts different ways to support it. Among them, the problem of living expenses is mainly solved by state grants, supplemented by work-study programs; To solve the problem of tuition and accommodation, the national student loan is the main one, supplemented by the national inspirational scholarship. In addition, the state actively guides and encourages social organizations, enterprises and individuals to set up scholarships and grants for institutions of higher learning to help students from poor families enter and complete their studies smoothly.
The introduction of financial discount on student loans ends here.