Student-origin student loans generally refer to national student loans, which are bank loans led by the government, subsidized by the government, jointly compensated by finance and universities, and jointly operated by banks, education administrative departments and universities to help poor students in colleges and universities.
Borrowing students do not need to apply for loan guarantee or mortgage, but they must promise to repay on time, repay in installments after graduation, and bear relevant legal responsibilities.
Loan form
There are four main forms of loans: national student loans; Student-origin credit student loan; Colleges and universities use state financial funds to issue interest-free loans to students; General commercial student loans. Among them, the national student loan has the largest funding strength and scale, and is the main content of student loan.
If the borrower fails to repay the loan according to the time limit and amount agreed in the repayment agreement signed with the handling bank, his breach of contract will be recorded in the credit information system of financial institutions (if it is overdue for three months in a row, it will be recorded in the bad record of the personal credit information system of the bank), and the mortgage will not be approved.
compensation policy
College graduates can enjoy tuition compensation and national student loan policy when they join the army. The amount of compensation for tuition fees or principal and interest of national student loans per academic year shall not exceed 6000 yuan; If the tuition fees actually paid by graduates or the principal and interest of national student loans are higher than 6000 yuan, compensation or compensation shall be made according to the amount of 6000 yuan per year; Less than 6000 yuan, in accordance with the principle of high tuition fees and national student loans, compensation or compensation.
The specific standards for tuition compensation and loan compensation during school before enlistment are the same as those for fresh graduates. At the same time, the state gives tuition subsidies to college students who apply for retirement and resumption of study. The maximum tuition fee is 6,000 yuan, and the annual tuition fee is 6,000 yuan, and the actual subsidy is less than 6,000 yuan.
Student loans shall be subject to the benchmark interest rate of the same grade in the same period announced by the People's Bank of China, and shall not rise. Students' interest during school is fully subsidized by the finance, and the interest after graduation is shared by the students and their parents (or other legal guardians). The interest actually repaid by students after graduation shall be implemented according to the interest rate of the same period of the year.