Student loans bear interest every year. Only during college, these benefits are compensated by the state, that is, the state pays you, and you don't have to pay. After graduation, the state will no longer compensate. You need to pay on time and pay it off within six years at most after graduation. Some people go directly to graduate school after graduation, and they have to fill out an extension contract, that is, they will start to pay back the money after graduation. The interest during the postgraduate study period is also compensated by the state. Pay it off within three years after graduation. Go to college with peace of mind, don't worry about these little things. Study hard and exercise your abilities in all aspects. It is not difficult to pay off the loan after graduation, if you find a stable job.

2. Can the student loan be repaid on a monthly basis?

You can pay it back monthly.

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.

The national student loan is a bank loan which is led by the government, subsidized by the finance, and compensated by the finance and universities at certain risks, and jointly operated by banks, education administrative departments and universities. Borrowing 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.

Third, how long will the student loan be repaid?

The term of student loan for college students is determined according to the full-time undergraduate academic system plus 10 years, and the longest is not more than 14 years, that is, the full-time undergraduate academic system is 4 years, and after graduation, it is added with 10 years. Students' interest in school is fully subsidized by the government. After graduation, interest will be calculated year by year according to the benchmark interest rate, and students and their parents will bear the responsibility for repayment.

The loan application amount is determined strictly by referring to the sum of annual tuition and accommodation fees. Full-time undergraduate students (including second bachelor's degree and higher vocational students) apply for a loan of no more than 8,000 yuan per year, and full-time graduate students do not exceed12,000 yuan per year.

4. Should I repay the student loan every month during my college years?

1. Generally, student loans should be repaid monthly according to bank regulations after graduation. Within 2 years after graduation, you only need to pay interest at the central bank loan rate every month without paying the principal; From the third year to the sixth year after graduation, you need to repay the principal and interest at the same time every month. From the third year to the sixth year, divide your total loan by 48, which is the monthly principal payable. It must be paid off in full within six years after graduation.

2. Generally, repayment begins after graduation. Of course, student loans may not be repaid after graduation. If college students have the ability to work and study at school, they can also repay in advance. It's just that most college students are not financially independent and enjoy interest-free, so they choose to repay after graduation.

According to the student-origin loan regulations, college students will no longer enjoy the government's discount policy from September of the year of graduation. In other words, at this time, if college students do not repay their loans, they need to bear certain loan interest expenses. How soon can the student loan be paid off? If you don't want to bear too much loan interest, you can choose to pay it off in the year of graduation.

Of course, if college students have not found a satisfactory job after graduation, they can temporarily not repay the principal within two years after graduation, and only need to pay off the interest of the year before 65438 on February 20 every year.

2 What are the repayment methods of student loans?

I. Bank repayment

First of all, let's introduce the traditional bank repayment method. Before you go to the bank, you should first check whether your personal information is complete, including your personal ID card, bank card and all the relevant materials you applied for the student loan. Some banks also need relevant certificates from the borrower's school. Take these materials to the relevant bank outlets to fill in the loan repayment application form, and then go through the repayment procedures under the leadership of the bank staff.

Choosing a bank repayment can ensure that the repayment amount will arrive immediately. Generally, there will be a special student loan channel and one-on-one service for staff, which makes the repayment fast and safe. But the disadvantage of bank repayment is that it takes some time to go to the bank in person.

Second, Alipay repays.

The second way is a repayment method with the development of online finance-Alipay repayment. This repayment method is suitable for students who have already opened Alipay. Of course, those who have not opened Alipay can also go through the opening procedures at any time. The specific method is: open Alipay's mobile APP or log in to Alipay official website, enter your user name and password and log in to the personal interface, and then make repayment according to Alipay's specific operating instructions. The specific repayment amount shall be as agreed in the original loan agreement. If you want to repay the loan in advance, you must apply to the bank in advance and pay part of the liquidated damages in accordance with the regulations before you can apply for early repayment.