First of all, answer directly.
Students with student loans can renew their loans if they continue to study for a postgraduate or second bachelor's degree after graduation from university, and then they don't need to repay them temporarily during their school days. After graduation, repayment can be started at 65438 on February 20th of that year.
Second, the specific analysis
After that, the annual repayment date is 65438+February 20, and the money needs to be returned to the special Alipay account for student loans before 15. The system will automatically deduct money on the 20th (the last year is September 20th).
It should be noted that the repayment period after graduation is correspondingly shortened because of graduate students and second bachelor's degrees.
Of course, if you have a stable income, you don't need to borrow money to pay tuition, accommodation and other expenses during your study. Borrowing students can also give up renewing their loans and repay them directly.
Because the student loan has a grace period of five years, only the interest of the first five years needs to be repaid, and there is no need to repay the principal. Pay the principal and interest after five years.
There are many online loan big data systems that can provide online loan records, which can be found: Xiaoqi New Tea. You can query important data information such as online loan application record, application platform type, overdue, overdue amount, credit card and online loan credit estimated amount.
3. When will the college loan be interest-free after graduation?
When I was in college, I applied for a student loan and waited until I graduated.
There is a grace period for repayment after graduation. During the grace period, you only need to pay the principal, not the interest.
As for the specific period of the grace period for repaying the principal, the Ministry of Education, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission mentioned in the Notice on Adjusting and Perfecting the Relevant Policies of the National Student Loan in July 2020 that the grace period for repaying the principal was extended from 3 years to 5 years.
In other words, after graduation, students do not need to pay interest for repayment within five years, but only need to repay the principal; Wait until five years after graduation, and then repay the principal and interest of the loan annually.
As for the interest of students during their school days, they will be fully subsidized by the finance.
As for the interest rate of student loans, starting from June 65438+1 October1in 2020, the interest rate of newly signed student loans will be reduced by 30 basis points according to the LPR list price of the same grade in the same period (one basis point is equal to 0.0 1%).
The loan period of student-origin student loan is academic system plus 15 years, and the longest is no more than 22 years.
How is the national student loan of China Bank repaid?
Repayment method of national student loan of China Bank:
1, repayment plan.
Before the borrower leaves school, colleges and universities should organize the borrower and the handling bank to make repayment plans and go through the repayment confirmation procedures. After the borrower goes through the above formalities with the handling bank, the university can go through the graduation formalities for him, and is responsible for informing his parents or other legal guardians of the repayment plan of the graduated borrower.
2. If the borrower does not continue to study for a degree in the year of graduation, he can choose the grace period for repaying the principal according to the employment situation and income level, that is, he can repay the loan principal and interest from any month within 60 months after graduation. Specific matters shall be applied to the handling bank by the graduate borrower when handling the repayment confirmation procedures, and shall be examined and approved by the handling bank. Students who borrow money during the grace period only need to repay the interest, not the loan principal. If the graduate borrower does not choose to start the repayment period of loan principal and interest in any month within 60 months after graduation, it shall start the repayment period of loan principal and interest from 6 1 month after graduation. Borrowing students who continue to study for their degrees during the repayment period can still enjoy the grace period of repaying the principal after graduation.
3. Pay the loan interest.
During the period of studying in school, all the interest generated by the national student loan will be subsidized by the special discount funds arranged by the financial department, and will be distributed quarterly by the National Student Financial Assistance Management Center.
4. After the borrower graduates, all the interest generated by the national student loan will be paid by himself on a monthly basis, starting from the first interest settlement date after graduation. When the borrower completes his studies, drops out of school, drops out of school or is cancelled according to the Regulations on the Administration of Student Status in Ordinary Colleges and Universities, he shall pay all interest from the interest settlement date of the first month after completing the relevant procedures. Borrowing students who drop out of school due to force majeure may apply for discount.
5. Compensation policy.
Postgraduate loan students enjoy the national student loan compensation policy, which is implemented in accordance with relevant policies and regulations.
The above contents are for your reference. Please refer to the actual business regulations.
How to repay the student loan after graduation?
Repayment method
(1) Students shall pay off in one lump sum or in installments before graduation;
(2) After graduation, students can look at their own movable funds to repay the loan;
(3) After the probation period expires, graduates will be deducted from their wages every month within two to five years;
(4) The unit where the graduates work decides to reduce the loan repayment according to their performance;
5] For students who have borrowed money, if they are expelled from school, ordered to drop out of school or voluntarily dropped out of school for violating national laws and school discipline, the parents of the students are responsible for returning all the loans.
repayment period
In principle, the term of student-origin credit student loans shall be determined according to the full-time undergraduate academic system plus 10 years, and the longest term shall not exceed 14 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.
The two-year grace period is for students at school and after graduation. 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.
Extended data:
Materials needed to apply for national student loans:
1, national student loan application;
2. Copy of my student ID card and resident ID card (minors must provide valid identification of legal guardians and written consent to apply for loans);
3. I explain the family's financial difficulties;
4. Proof of family financial difficulties issued by the relevant department where the student's family is located. The students themselves shall bear legal responsibility for the authenticity of the certification materials provided by them.
examine and approve
The relevant departments of the school are responsible for the qualification examination of the national student loan application submitted by the students, and checking the authenticity and completeness of the materials submitted by the students; The bank is responsible for the final examination and approval of student loan applications.
The scope of implementation of university funding policy
All full-time undergraduate students (including higher vocational colleges and second bachelor's degrees) in public colleges, higher vocational schools and junior colleges who meet the requirements stipulated by the state enjoy the state funding policy.
Private colleges (including independent colleges) run schools in accordance with the relevant provisions of the state, and fully withdraw 4-6% of their business income to subsidize students from poor families.
The full-time college students (including higher vocational and second bachelor's degrees) who meet the requirements stipulated by the state can also enjoy the state funding policy. The specific measures shall be formulated by the provinces (autonomous regions and municipalities directly under the Central Government) in accordance with the relevant provisions of the state.