Generally, the loan that private schools can handle is 8000 yuan. In principle, the credit student loan limit of the National Development Bank for student origin should not exceed 8000 yuan per student per academic year, and the maximum amount of loan applied by each student should not exceed the total tuition and accommodation fees of that year.
2023 How to apply for student loans in private second level universities
The method of applying for private two student loan is as follows:
Understanding loan policies: you can learn about relevant loan policies from local banks or government departments, including loan amount, interest rate, repayment period, etc.
Select the loan bank: select the appropriate bank according to your own needs and conditions, and understand the loan application process and requirements of the bank.
Preparation materials: usually need to provide ID card, education certificate, income certificate, family property certificate and other materials. Consult the lending bank for specific requirements.
Fill in the application form: fill in the application form and submit the required materials according to the bank's requirements.
Waiting for approval: the bank will evaluate the applicant's credit status, repayment ability, etc. If the conditions are met, the bank will approve the loan.
Sign the loan contract: sign the loan contract and repay in the way agreed in the contract.
When to repay the college student loan after graduation
1、 There is no need to repay the loan during the four years of college, and the loan interest is paid by the state;
2、 Within two years after graduation, you only need to pay the interest at the central bank loan interest rate every month without paying the principal, which is the buffer period for repayment of the loan principal;
3、 From the third year to the sixth year after graduation, the principal and interest shall be paid at the same time every month, and they must be paid off within six years after graduation.
After graduation, the student pays the interest generated on September 1 of the same year. The interest generated previously was paid to the bank by the state finance. December 20 of each year and September 20 of the last year are the repayment dates. If you need to pay the interest, you can also pay the principal. That is to say, the interest generated from September 1 to December 20 of the year when students graduate needs to be repaid by themselves.
(1) If the principal can be paid off before September 1 of the year when the student graduated, no interest will be generated. The student loan stipulates that the student starts to repay the principal and interest from the fourth year of graduation (or the first year of graduation), and the principal repayment date is the same as the interest repayment date.
(2) If you continue to study for a degree within the repayment period after graduation, for example, if you continue to study for a graduate student after graduation, you can not make repayment for the time being, and you can apply to the county-level funding center in a timely manner and provide relevant written evidence. Postgraduates who pass the examination can continue to enjoy financial discount interest during their schooling.
The principal of the student loan should be paid off within five years after graduation at the latest, either in advance or on schedule.
