The loan applicant or co-borrower will repay the loan with the loan contract and identity documents to the local education bureau. 1. Repay the interest on time within the grace period. According to the regulations, loan graduates should bear the loan interest from September 1 day of the graduation year, and repay the interest of the first year before February 20 of that year, and repay the interest on time before February 20 of that year. For example, if you are admitted to graduate school that year, you need to submit an extension to the county-level financial aid center before August 1, change the school information, and apply for financial subsidy interest during the period of continuing your degree. Otherwise, the discount will not continue. 2. Repay the principal and interest on time after the grace period. Repay the principal in the same amount for the first time before February 20, 65438 five years after graduation, and repay the principal on time before February 20, 65438 every year thereafter, and pay it off before September 20 of the last year of the loan term. See the loan contract for the specific time. 3. Update the contact information in time (1) Before 65438+February 1 every year, graduate students should contact the student financial assistance management center and university teachers in the place where the loan is handled, and provide the latest mailing address and contact telephone number of themselves and their families until the loan is paid off. (2) Before 12 and 1 every year, log in to the online system of student-origin credit student loans, update personal information, and inquire about the repayment situation until the loans are paid off. 4. How do students who enjoy loan compensation repay the loan? After graduation, the loan students will participate in relevant national employment projects (such as compulsory military service and "three supports and one support"). ). In line with the conditions for enjoying loan compensation, compensation funds will be distributed to students through schools or project organizers, and loans will not be directly deducted. Please ask the loan students to repay the loan interest or principal in advance according to the regulations, so as not to affect their credit records. 5. Consequences of Default (1) The penalty interest rate is130% of the normal loan interest rate according to the actual overdue amount and overdue days; (2) The bank has the right to publish the information of students who break the contract in the news media and online according to the contract; (3) Default information and co-borrower information are loaded into the personal credit information system of the People's Bank of China, which directly affects personal credit (credit card, car loan, mortgage, etc.). ); Once the default information enters the credit information system, it will be retained for 5 years even if it is repaid immediately. Second, how do I know how much I should pay back? Log on to the website (the online system of student-origin student loan of China Development Bank) (if "There is something wrong with the safety certificate of this website" is displayed, please click "Continue to browse this website" directly). (1) Normal repayment inquiry time: 165438+ 10/-65438+February 20th; (2) If you have overdue interest inquiry, you can log in at any time. (3) prepayment: before the loan expires, you can choose to settle the principal and interest of a contract or repay part of the principal, and choose to repay part of the principal. The repayment amount shall not be less than that of 500 yuan, and shall be an integral multiple of 100 yuan. Please apply according to your repayment ability. Once the application cannot be revoked in the current month, students who are temporarily unable to repay the principal of a contract in advance may not apply for repayment of the principal of a contract. Otherwise, the system will deduct the repayment principal in advance and then deduct the normal interest in June+February of 5438, resulting in no money for overdue repayment. Application time:1October 1-15 days, February 1- 15 days (that is, all months except 1 15), please submit it in the current month/kloc. Otherwise, the early application will be invalid and must be reapplied (if students submit the "application for early repayment" between 16 and 3 1 in the current month, it can only be equivalent to applying from 1 to 15 in the next month, and it will be accepted next month. If the fresh graduates have the financial ability to repay all the loan principal and don't want to bear the interest themselves, they must register in the system before August 15. After 1 65438+1October1,if the economic conditions are good, the processing method of early repayment is: wait until 65438+February 1-15, submit an application for early repayment in the system, and then in 65438+February.

Second, the national student loan repayment steps

Repaying student loans:

I. Online repayment process:

1. Log in to the "Student Online System" and inquire about the personal Alipay loan special account;

2. Log in to the Alipay website with the name of the personal Alipay loan special account to conduct the personal Alipay loan special account.

Modify login password and payment password and other related operations to strengthen account security and prevent account theft;

Second, the personal repayment process:

1. Get the repayment application form from the student loan center and fill it out clearly;

2. The student will give one, and you can pay at the designated bank;

3. How much is the monthly regulation?

Third, the student-origin student loan has not been used. Do I still need to return it? What should I do?

Student loan repayment does not necessarily use Alipay student loan, which is divided into two types: early repayment and due repayment:

1, prepayment: users need to apply for prepayment in CDB student loan system, otherwise they cannot repay.

2. Due repayment: users do not need to repay every month. When the loan contract expires, the full amount of the loan will be returned together. CDB will pay the repayment amount to Alipay at the same time, and Alipay will withhold it. The student loan is repaid through Alipay repayment process 1 and logged into Alipay account-application center-student loan;

2. Enter the borrower's Alipay account, ID number and verification code, and inquire about loan repayment information;

3. Check the repayment amount and repay the loan;

4. Enter the cashier to pay;

5. The repayment was successful.

Four, the National Development Bank student loan repayment voucher how to print out?

If you have paid in advance, the center will print it. Usually the second month after repayment.