The national student loan is a credit student loan led by the government and provided by financial institutions to students with financial difficulties in colleges and universities to help solve the study and living expenses during school. The national student loan interest rate shall be based on the benchmark interest rate of the same grade in the same period announced by the People's Bank of China, and shall not rise. The national student loan interest of the loan students during their school days is paid by the finance, and the interest after graduation is paid in full by the borrower. In order to encourage financial institutions to undertake national student loans and establish a loan risk sharing mechanism, finance (universities) will give certain risk compensation to the handling banks. The national student loan is a credit loan. Students do not need to apply for loan guarantee or mortgage, but they must promise to repay on time and bear relevant legal responsibilities. According to the place and workflow of students' application, the national student loan can be divided into two modes: the national student loan in the school and the credit student loan in the student's place of origin.

1. National student loan on campus. Full-time college students (including vocational college students), second-degree students and graduate students with financial difficulties can apply for national student loans from the handling bank through the Student Financial Assistance Office of our school. In principle, the maximum application amount of each student per academic year does not exceed 6000 yuan. According to the employment and income after graduation, students choose the time to start repaying the principal within 1-2 years after graduation, and pay off the loan principal and interest within 6 years.

2. Student Credit Student Loan. Full-time junior college students (including vocational college students), second bachelor's degree students and graduate students with financial difficulties apply for loans from the student financial assistance management institutions in the counties (cities, districts) where their household registration is located (some areas directly apply to relevant financial institutions). The loan amount applied by the borrower for each academic year shall not exceed 6,000 yuan in principle. In principle, the term of student-origin credit student loan is determined according to the full-time undergraduate academic system plus 10 years, and the longest is no more than 14 years. Among them, students are determined according to the remaining years of study plus 10 years. For those who have studied for more than 4 years or continue to study for a postgraduate degree or a second bachelor's degree, the repayment period after graduation will be shortened accordingly. There is a grace period for students during school and two years after graduation. After the grace period is over, students and their parents (or other legal guardians) will repay the loan principal and interest in installments according to the loan contract.