The student loan you just applied for is refundable, as long as you don’t submit the remaining information.

1. Application materials for student loans from the place of origin:

1. National student loan application form;

2. My student ID card and resident ID card Copy (minors must provide valid identification of the legal guardian and proof of written consent to apply for a loan);

3. My explanation of the family’s financial difficulties;

4. Student Proof of family financial difficulties issued by the relevant department where the family is located. The student himself bears legal responsibility for the authenticity of the certification materials he provides;

5. Other materials specified by the bank.

2. Can student loan renewal be stopped midway?

Yes, after students apply for student loans, if they want to apply for loan suspension, they need to submit a loan suspension application to the bank. The loan can be canceled after signing the loan suspension contract. Generally speaking, student loans from the student's place of origin are granted once a year. Students can stop the loan after one year, or they can continue the loan for three years, or stop the loan midway. The specific loan period can be determined according to personal circumstances.

3. Loan issuance and repayment methods:

1. Student loans are applied once and disbursed in years. The lending bank will transfer the loan to the school's "Student Loan Management Fund Special Account" on an annual basis in accordance with the lending plan stipulated in the "Loan Contract". After the school withdraws the tuition and accommodation fees due from the borrower from the special account, the remaining portion will be transferred to the corresponding Student Life Account.

2. The principal of the student loan shall be repaid in installments according to the repayment period stipulated in the "Loan Contract". The lender can return part or all of the loan to the lending bank at any time. The portion returned in advance will be charged interest based on the interest rate stipulated in the contract and the actual usage time; if the loan principal and interest cannot be returned on time, the lender will charge penalty interest in accordance with regulations.

3. Student loan interest is accrued annually, excluding compound interest. Within the loan period specified above, the municipal finance will provide an interest discount of 50%, and the remaining 50% will be paid by the lender.

Extended information:

Borrowing students should confirm their student loan repayment plan with the bank when going through graduation procedures. Within one year after graduation, you can submit an application to the bank to adjust the repayment plan. Student loan principal and interest repayments can be taken in a variety of ways, and the loan can be paid off in advance one time or multiple times. If a college student chooses to repay the loan early, the handling bank shall not charge any additional fees other than the interest payable.

Log in to the homepage of the CDB student loan information website, and then enter the loan information page through the student login name and password (the default login name for online application for early loan repayment for the 2006-2008 academic year is the school code + student ID number , the password is the 8-digit birthday; the login name and password for online application for early loan repayment for the 2009 academic year and beyond are the login name and password used by students when applying for loans).