The national student loan is approved every September.
The national student loan is an important measure taken by the CPC Central Committee and the State Council to improve the financial aid policy system of ordinary colleges and universities in China and increase the financial aid for poor students in ordinary colleges and universities under the conditions of socialist market economy.
Legal responsibility. Borrowing students apply for loans from the bank through the school to make up for the lack of tuition, accommodation and living expenses during their studies at school, and repay them in installments after graduation.
Student-origin student loan is a bank loan process led by the government, subsidized by finance, and compensated by finance and universities. Banks, education administrative departments and colleges and universities work together to help students from poor families in colleges and universities pay for tuition, accommodation and living expenses during their studies. The national student loan is a credit loan, and students do not need to apply for loan guarantee or mortgage, but they need to promise to repay on time and bear relevant legal responsibilities. After receiving the letter of admission, students can consult the school to handle the national student loan. After students report to the school, they can apply for national student loans from financial institutions through the school.
Second, the deadline for the extension of student loans.
Under normal circumstances, students who have applied for student loans in their own countries basically need to complete their loan renewal applications before the end of the semester. In other words, the deadline for the extension of student-origin student loans is mostly in mid-June. Even if some schools have an early holiday, students need to fill out the loan extension application before June.
Of course there are exceptions. The policies and banking systems in each region are different, and there are cases where you can apply for loan renewal before September. If students are not sure, they can call the counselor's phone or the National Development Bank's student loan service hotline 95593 to inquire about the renewal application time of their school in detail.
2. College student loans
Colleges and universities generally apply for loan renewal from the middle and late July to the beginning of August, that is, during the summer vacation. Because freshmen apply for university loans, usually after the start of school in September. If the loan is renewed with the loan, it will easily lead to traffic jams in the loan application, so it is better to separate in time.
However, the regulations of each school are different, and the actual time is subject to the school or bank announcement. The application time will change a little every year. Under normal circumstances, the school will tell students who need continuous loans to prepare in advance.
Three, the National Development Bank student loan end time
College students who are admitted or in school this year can apply in their home education bureau from August 13 to the start of school. You can also apply to the school management department on the tenth day of admission, which does not affect the payment of tuition fees. Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different.
4. When will the state aid be renewed in 2020?
According to the school's own arrangement, the renewal time of student loans in 2020 generally begins in June and ends in June at the latest. In 2020, due to the extension of the epidemic, the renewal time of the school loan was postponed. In previous years, it may be May-June, and in 2020, the renewal time of loans in various provinces and cities will be postponed.