How to renew the student loan in the second year?

You can renew it on the website or online.

1. On-site loan renewal: Either the borrower or the co-lender shall go through the loan renewal procedures with the ID card and application form at the local competent department of finance, and the on-site loan renewal is not required for qualification examination.

2. Online loan renewal: the borrower logs into the student online service system, signs an agreement online and determines his identity, and completes the loan renewal after being reviewed by the teacher.

Does it matter if the student loan is not renewed after one year?

It didn't work. How many years the loan can be renewed depends on personal circumstances. If you have the financial ability, you don't need a loan. If you have the financial ability to repay the loan before graduation, the interest will be calculated in September of the graduation year.

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