Applying for a national student loan should meet the following six conditions: (1) having full capacity for civil conduct (minors need the written consent of their legal guardians); (2) Honest and trustworthy, law-abiding, no illegal behavior; (3) Good academic performance and being able to complete their studies normally; (4) The income earned during the school period is not enough to cover the basic expenses (including tuition, accommodation and living expenses) needed to complete their studies; (5) Strictly abide by the regulations of the state, the handling bank and the national student loan, promise to use the loan correctly and fulfill the repayment obligation according to the regulations; (six) meet other conditions stipulated in the "General Rules for Loans" promulgated by the People's Bank of China.

The amount of national student loan that students can get.

Because the tuition and accommodation fees charged by different schools and the basic living standards in different regions are different, the maximum amount of student loans is not exactly the same. According to the current policy, students can apply for national student loans, and the maximum amount of each student per academic year is no more than 6,000 yuan.

Term of national student loan

The term of the national student loan is generally not more than eight years, and whether to postpone it is decided by the lender and the borrower through consultation. If a loan student continues to study for a postgraduate degree or a second degree after graduation, the loan period will be extended accordingly, and the principal and interest of the loan will be paid off within four years after graduation from a postgraduate degree or a second degree. According to the student's application, the handling bank specifically determines the term of each loan.

Where can students apply for a national student loan?

Banks do not directly accept loan applications from students at school. In principle, the loan bank accepts an application for national student loans once a year. Borrowing students should submit a loan application to the designated department of the school (usually the student office) before and after the start of the new school year 10, and receive and truthfully fill in the Application Form for National Student Loan, the Commitment Letter for Applying for National Student Loan and other related materials. When granting credit student loans to college students, the student's school must provide loan references, and the borrower must provide two loan witnesses.

What if students need to adjust the loan amount or suspend the loan during the loan period?

Once the loan amount of the borrowing student is determined, it will generally remain unchanged during the loan period. If the loan is suspended midway, you can apply to the handling bank for suspension of loan issuance through the school. Special circumstances require additional loan lines, and additional loan procedures can be handled separately.

Repayment method and time of national student loan

Borrowing students and the handling bank should agree on the repayment method and time when signing the loan contract. Implement flexible debt service. Borrowing students can repay the principal and interest of the national student loan during their studies, or they can start to repay the principal and interest of the national student loan in the first year after graduation. The specific way is determined by the borrowing students and the handling bank through consultation. The handling bank will not compound interest on the national student loans owed by the borrowing students during their school days.