Student-origin credit student loan is an important part of national student loan, which is issued by financial institutions such as China Development Bank to students with financial difficulties, and is handled at the place where the students are registered before entering school, enjoying the national financial risk compensation and discount policy.

Student-origin student loans have gone through ten years so far, helping more than 3 million college students with financial difficulties to solve their schooling problems every year.

college student loans

No more than 8000 yuan per year.

With the continuous improvement of the system and mechanism of student-origin student loan and the electronic and standardized acceptance, college students with financial difficulties can apply for student-origin credit student loan conveniently at home. Before the start of school every autumn, college students with financial difficulties can apply for loans to the student financial assistance management centers in counties (cities, districts) where their families are located (some areas can apply directly to relevant financial institutions), and the county-level student financial assistance management centers will conduct preliminary qualification examination on the applications submitted by students. Financial institutions are responsible for the final approval and issuance of loans.

The maximum annual loan for undergraduate and preparatory students is not more than 8,000 yuan, and the maximum annual loan for graduate students is not more than12,000 yuan. After college students from poor families get credit loans from students' places of origin, parents no longer have to worry about not paying tuition fees, which relieves their worries and enables students to study with peace of mind.

When students are studying.

You don't have to pay interest.

Students who get credit loans from students' places of origin do not have to pay interest during their school days, and all of them are subsidized by the finance. After graduation, the interest will be paid by the students and their parents (or other legal guardians) * * *, and the loan interest rate will be subject to the benchmark interest rate of the same grade published by the People's Bank of China in the same period. In principle, the term of student-origin credit student loan shall be determined according to the academic system plus 13 years, and the longest term shall not exceed 20 years.

For those who have studied for more than 4 years or continue to study for a postgraduate degree or a second bachelor's degree, the repayment period after graduation will be shortened accordingly. Three years after graduation is the grace period for repayment of principal. After the grace period is over, students and their parents (or other legal guardians) will repay the loan principal and interest in installments according to the loan contract.

Commercial credit loan

This work has already started.

This year, the work of student-origin credit loan has been started. If you have any questions, you can call the China Development Bank hotline 95593 for consultation.

At the same time, the Ministry of Education opened two student financial assistance hotlines12: 0166097980 and 010-66000 in all provinces (autonomous regions, municipalities directly under the Central Government and cities with separate plans), Xinjiang Production and Construction Corps and provinces from 8 am to 8 pm on July 23rd to September 23rd.

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