The term of student loan is the length of time from signing the contract to paying off the loan normally.

The minimum loan period is 6 years, and the longest is (remaining academic year 15) years, not exceeding 22 years. If the time from graduation to loan maturity exceeds 5 years, then 5 years after graduation is a grace period, during which only interest is paid every year. In the sixth year, the principal and interest shall be repaid every year until September 20th of the last year of the loan term. Before July 3 1 of the year in which the notice is received, junior college students (undergraduate graduate students) need to go to the funding center to "change their school information and extend the discount period", and then they can continue to enjoy the discount during the new university (provided that the contract has not expired), but the loan maturity date remains unchanged, so the loan application period should be appropriately extended within the allowable range to avoid the expiration of graduate loans. Students in junior college or postgraduate stage will bear the interest during the new university if they have not changed their schooling information and extended the preferential period.

Student-born loan life

With the development of economy, the income of China residents has increased a lot, but there are still many families who can't afford the university fees. Therefore, China Development Bank has designed student loans for students with financial difficulties. Some students are very concerned about the loan period of student-origin student loans. Today, I will tell you something about it.

According to the regulations of China Development Bank, the loan period of student-origin student loan is "the educational system time is 10 year". That is to say, the loan term for college students is generally 13 years, and that for undergraduates is generally 14 years. However, this provision is not mandatory. You can choose the loan term according to your actual situation.

Although the loan period of student-origin student loan can be chosen independently, the loan period can not be less than 6 years or more than 20 years. That is to say, the loan period of student-origin student loan is: 6 years ≤20 years ≤

There are two other special situations that need your attention.

1. Continue to study after graduation;

2. Studying for a second bachelor's degree during the undergraduate period, resulting in a school system of more than 4 years.

In the above two special cases, the repayment period will be shortened correspondingly after graduation, but the loan period will remain unchanged.

Generally speaking, the loan period of student-origin student loans is still relatively long, so there is no need to worry about the pressure of repayment.

How long is the student loan for college students?

According to the relevant regulations, the student loan that college students can apply for is the number of years of study at school plus 15 years, with a maximum of 22 years. Full-time college students (including second-degree students, higher vocational students and preparatory students) can apply for the national student loan at a maximum of 8,000 yuan per academic year in principle, and full-time graduate students can apply for the loan at a maximum of12,000 yuan per year. The specific loan amount of each student is determined according to the sum of tuition and accommodation. The longest period is no more than 22 years, and the latest regulations on students' origin loans: the loan period is academic system plus 15 years, and the longest period is no more than 22 years. The grace period is 5 years. The policy will be implemented in 2020. For the new contract in 2020, the grace period for repaying the principal is 5 years. Stock contracts before 2020, student loan contracts that have not started to repay the principal (that is, loans that students have not graduated or have graduated but have not started to repay the principal) can be applied by borrowing students, and the grace period can be extended to 5 years within the loan period agreed in the original contract.

Attention!

Student loans don't need to be paid off immediately after graduation. Everyone needs to pay attention to:

1. The term of the student loan is the academic system plus 15 years, and the longest is no more than 22 years, as long as it is paid off within the prescribed time limit.

2. The first repayment date is 65438+ February 20th of the year in which the borrower graduated, and then the student can repay the loan every year according to the stipulated repayment date (September 20th in the last year). The first five years are still a grace period to repay the principal, during which only interest can be repaid, and the principal and interest will be repaid after five years.

3. If the borrower chooses to pursue a higher degree (graduate degree or second bachelor's degree) after graduation, the loan can be renewed, but when the graduate/second bachelor's degree graduates, the repayment period will be shortened accordingly.

If the borrowing students have sufficient funds, they can choose to pay off in advance, and they can apply every June1-June 10. If the student loan can be made after graduation, and the interest will be borne by the borrowing students themselves from September, then if it can be paid off in advance before the interest begins to accrue in September of the graduation year, there is no need to repay the interest, only the loan principal is needed.

How many years will it take for college students to pay off their loans after graduation?

Student loans should be paid off within six years after graduation. Within two years after graduation, you only need to pay interest every month, and you don't need to pay the principal; From the third year to the sixth year after graduation, the principal and interest will be repaid at the same time every month. From the third year to the sixth year, * * * has 48 months. Divide the total loan by 48, that is, the monthly principal payable.

The repayment period of national student loan is mainly related to the loan period chosen by students when applying. In principle, it is determined according to the number of years of full-time college education (calculated by the remaining years of the education system) plus 15 years, and the longest is no more than 22 years. Students don't need to repay their loans during their studies, and the loan interest during their studies is fully subsidized by the finance. After graduation, the student loan has a five-year grace period, during which interest can only be repaid, and then interest can be repaid after the grace period.

If students have sufficient repayment funds after graduation, they can also choose to pay off the loan in advance, without penalty interest and liquidated damages. Moreover, before September of the graduation year, I paid off the student loan in advance, and did not generate interest, but only paid back the principal. If the borrower chooses to pursue a higher degree (postgraduate degree or second bachelor's degree) after graduating from university, he can also apply for loan renewal, and the repayment period after graduation will be shortened accordingly.

It should be noted that the loan should be repaid in time after graduation, so as not to cause bad credit to individuals beyond the time limit.

Please click to enter the picture description (maximum 18 words).