Because college tuition is expensive, for some people with poor family conditions, student loans have become the only way to solve the problem. Many people have completed their ideal college life through student loans, and students must repay the money in the student loans. So is the student loan repaid once a year?

Is the student loan repaid once a year?

Usually once a year. Student loans will be repaid after graduation. The first repayment date is February 20th of the graduation year of 65438+, and every year thereafter, except that the last year is September 20th (as long as the money is credited to the repayment account five days in advance, that is, before 65438+February 15/September15, the system will wait until the repayment date.

If it is overdue, you need to deposit the arrears into the repayment account before the next month 15, and the system will make a supplementary deduction on the 20th. If the arrears are not paid in time before the 20th of the following month, you must wait for another month and deposit before 15 of the following month, so that the system can deduct the money on the 20th of the following month.

The maximum amount of student loans is RMB1.20,000 per full-time undergraduate and RMB1.60,000 per full-time graduate.

Of course, if students have certain repayment ability, they can choose to repay in advance, which can save more interest. Students can consult the bank first and then handle it according to the regulations. That's all. I hope it helps you.