Perkins loan project is funded by the government, and the school is the lending institution. The interest rate is 5%, but it is subsidized by the government during school. The repayment period is 65,438+00 years, and the monthly repayment amount is not less than USD 50. Repayment began nine months after graduation. Stanford Student Loan Program is the largest and most important student aid program in the United States, and its target is "students who need financial aid". The program is operated by commercial banks, with extremely low interest rate, subsidized by the government during the school period, and the repayment period is 10 year, which can be extended to 30 years at the longest, and the repayment will begin 6 months after graduation. The student parent loan scheme is aimed at the parents of college students with good bank credit records. The loan is guaranteed by the government, and the interest rate is lower than that of ordinary commercial banks. The student supplementary loan scheme is aimed at students who are financially independent of their parents. The maximum annual loan amount is the difference between the borrower's "education cost" and the amount of subsidies received, and the interest rate is the most favorable in the market. The federal direct loan program was implemented according to the Student Loan Reform Law passed by the National Assembly in 1993, and it adopted the repayment method unique to the Federal Ministry of Education. According to the estimation of the Budget Committee of the US Congress, if the federal direct loan is successfully implemented, the federal government can save 4.3 billion US dollars every year. I hope I can help you and adopt it.