According to the national student loan policy, students who apply for loans do not need to pay interest during their normal study at school, but are subsidized by the government. But from September 1 of the year of graduation, they have to bear the loan interest.

The national student loan interest rate shall be implemented in accordance with the statutory loan interest rate announced by the People's Bank of China and the relevant national interest rate policies, and shall not rise. The current annual loan interest rate is: 1 to 3 years (inclusive): 5.76%; Three to five years (inclusive): 5.85%; More than five years: 6. 12%.

It is reported that the national student loan adopts the cumulative interest-bearing method, and the interest is charged every year according to the actual number of days.

The formula of cumulative interest method: interest = cumulative interest × daily interest rate.

Among them, accumulated interest product = total daily balance of the account.

The value date is the date when the Development Bank issues the loan, and the interest settlement date is 65438+ February 20th every year (the interest settlement date of the last year of the loan is September 20th).

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The credit loan interest rate of the students' origin is the benchmark interest rate of the same grade announced by the People's Bank of China in the same period, and does not rise. The interest of students during their school days is fully subsidized by the financial department, and the interest after graduation is borne by the students and their parents (or other legal guardians).

National student loan interest

1. National Development Bank student loan interest

First, the National Development Bank student loan interest is divided into the following two situations:

1. The interest of the interest-free student loan of China Development Bank during the school period shall be borne by the state, that is, there is no need to bear interest during the school period.

Earn interest after leaving school One-time repayment after graduation is interest-free and needs to be repaid in installments. The longest repayment period of student-origin student loan is longer than that of national student loan. To put it bluntly, the total principal and interest is greater than the student loan, and the repayment pressure is heavier than the national student loan.

Student-origin credit student loan refers to the student-origin credit student loan issued by China Development Bank to eligible college freshmen and students with financial difficulties, which is handled by the county (city, district) where the students are registered before entering school.

The funds are mainly used for students to pay tuition and accommodation fees during their school days. Student-origin credit student loan is an important part of national student loan.

Two, the National Development Bank student loan interest calculation method:

For loans within six months (inclusive), the annual interest rate (%) is 5. 10.

For loans from half a year to one year (including one year), the annual interest rate (%) is 5. 10.

For loans of one to three years (including three years), the annual interest rate (%) is 5.50.

For loans from three years to five years (including five years), the annual interest rate (%) is 5.50%.

For loans over five years, the annual interest rate (%) is 5.65%.

2. The student financial aid policy of this university

Which students can apply for national student loans on campus?

Full-time college students (including higher vocational students), second-degree students and graduate students with financial difficulties can apply for national student loans from the handling bank through the Student Financial Assistance Office of our school.

How many national student loans can a student apply for on campus each academic year?

According to the relevant provisions of the national student loan policy, the loan amount of each student in each academic year should be the difference of the students' total annual income (including family, relatives, other funding sources, etc.). ).) as well as school tuition, accommodation and local basic living standards. The maximum loan amount per student in this college is not more than 8000 yuan per year, and the maximum loan amount per student in graduate school is not more than 12000 yuan per year.

How is the interest rate of the national student loan on campus stipulated?

The interest rate of national student loans in schools shall be implemented in accordance with the statutory loan interest rate announced by the People's Bank of China and the relevant national interest rate policies. In case of interest rate adjustment, it shall be implemented according to the relevant regulations of the People's Bank of China.

2. Is there any interest on student loans?

Scholarship loans are interest-free during the applicant's study at school, and all loan interests are subsidized by the national government. From September 1 day of the year of university graduation, the applicant will independently bear the interest on the scholarship loan. Of course, borrowers can also choose to pay off all loans in one lump sum before graduating from college. The interest on the grant loan is the same standard interest rate published by the People's Bank of China in the same period. The specific interest rates are as follows:

1, within 6 months of loan: the interest rate is 4.35%;

2. If the loan term is from 6 months to 1 year, the annual interest rate is 4.35%;

3. If the loan is 1-3 years, the interest rate is 4.75%;

4. If the loan lasts for 3-5 years, the interest rate is 4.75%;

5. The loan term is more than 5 years: the interest rate is 4.90%.

Third, how to calculate the interest on college students' loans?

Every family is different, so understand.

Fourth, how to calculate the interest on college students' loans?

The national student loan interest rate is subject to the statutory loan interest rate announced by the People's Bank of China. Banks usually design principal and interest repayment methods and average capital repayment methods for borrowing students. Matching principal and interest repayment method: the amount of principal and interest in each period is equal, and the repayment pressure is evenly distributed; If there is more matching money, the repayment amount of each installment will be less. The repayment pressure is that the total amount of principal and interest paid by the amount principal and interest repayment method is slightly higher than that by the average capital repayment method. Choose different calculation methods, and check each repayment contract at a glance.