Full-time college students (including students with second degree and higher vocational education) apply for a loan amount of no more than 8,000 yuan per person per year; If the sum of tuition and accommodation fees is less than 8,000 yuan per year, the loan amount can be determined according to the sum of tuition and accommodation fees.
Full-time graduate students each apply for a loan amount of no more than 12000 yuan per year; If the sum of annual tuition and accommodation fees is less than 12000 yuan, the loan amount can be determined according to the sum of tuition and accommodation fees.
The national student loan interest rate shall be implemented according to the market quotation price (LPR) of loans of the same grade in the same period minus 30 basis points.
The loan interest payment terms are as follows:
During your study in school, all the interest generated by the national student loan will be subsidized by the special discount funds arranged by the finance, and will be distributed quarterly by the National Student Financial Assistance Management Center. During the school period, if you drop out of school due to force majeure and other reasons, you can apply for preferential treatment.
After graduation, the interest generated by the national student loan will be paid by you monthly, starting from the first interest settlement date after graduation. When you graduate, suspend school, drop out of school, or have your student status cancelled according to the Regulations on the Administration of Student Status in Colleges and Universities, you will pay all interest from the interest settlement date of the first month after completing the relevant procedures. If you fail to repay the loan principal and interest in time according to the regulations, the loan handling bank of Bank of China may charge a penalty interest on your default repayment amount, and you should repay it in full.
Please consult your university or Bank of China loan handling bank for details.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
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