Calculation method of annual interest rate of student loan;

The national student loan interest rate shall be implemented in accordance with the statutory loan interest rate announced by the People's Bank of China and the relevant national interest rate policies, and shall not rise. The current annual loan interest rate is: one to three years (inclusive): 5.76%; Three to five years (inclusive): 5.85%; More than five years: 6. 12%.

If the loan is repaid in advance, the handling bank will calculate the interest according to the actual term of the loan, and will not charge any other fees except the interest payable. Interest = the annual interest rate corresponding to the loan amount /365 loan days. Simply put, you don't have to pay interest when you are still studying until you graduate within one year. Wait until the interest rate is 0.5% one year later, and then repay the loan at the bank or branch.

Assuming that the loan amount applied by the loan student is 8,000 yuan, and the annual interest rate is 4.75%, then the interest for one year is 380 yuan.

According to relevant regulations, the interest on college students' loans is determined according to the benchmark interest rate issued by the central bank. Generally speaking, the interest rate of student loans will fluctuate on the basis of the benchmark interest rate, with a maximum increase of 24%.

202 1 The student loan applied by college students, whether it is a student-origin student loan or a college student loan, only needs to be applied continuously, and the application period is generally more than 6 years. The benchmark interest rate for five-year loans of the State Bank is 4.75%. The interest rates of China Development Bank in different regions are basically the same, and there will be no ups and downs, nor will interest rates rise. The repayment method of college students' student loan is calculated on an annual basis, and the repayment time is-12-20 every year. In the first two years after graduation, college students can choose to pay only the loan interest. From the third year of graduation, college students need to repay the loan principal and interest at the same time. According to the national regulations, during the period of students' study, all the interest of subsidies is paid by financial subsidies. From September of the graduation year 1, bear the loan interest by yourself. If they don't want to pay interest, they can choose to pay it back in full.

2. What's the interest on the student loan during school?

The interest on student loans during school is subsidized by the government and does not need to be borne by the students themselves.

There is no welfare for applying for student loans, which is to help poor college students finish their studies smoothly.

When you return it, you have to return it yourself. The government has helped you pay the interest on your student loan.

3. What is the interest rate of the national student loan?

National student loan interest-free policy According to national regulations, the loan interest of students during their school days is fully subsidized by the government. From September of the graduation year 1, bear the loan interest by yourself. If they don't want to pay interest, they can choose to pay it in one lump sum. The latest interest rate policy of the national student loan interest rate in 2065438+2008: the benchmark interest rate of the same grade announced by the People's Bank of China in the same period shall be implemented without floating. For example, if you borrow 65,438+00,000 yuan, and the annual interest rate is 6.65,438+05% on the basis of the loan for three years, then the annual interest is 65,438+084.5 yuan, and there is no need for interest during school. Calculated according to this standard after graduation.

4. What's the interest on the student loan during school?

Student loans shall be subject to the benchmark interest rate of the same grade in the same period announced by the People's Bank of China, and shall not rise. Interest paid by students and their parents (or. Collect interest immediately after graduation, and pay it back if you have money. Learning, will be implemented according to the interest rate of the same period of the year.

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