When can I apply for student loans?

Student loans are divided into student loans for students’ origin and student loans for college students. The application period for student loans is generally from June to September (summer vacation), and the application period for college student loans is generally from September to December (after the semester starts).

When should I apply for a student loan?

The application time for student loans is not fixed and unified. The application time for different types of student loans and in different regions is slightly different. Student loans are divided into student loans for students’ origins and student loans for college students. The application period for student loans is generally from June to September (summer vacation), and the application period for college student loans is generally from September to December (after the semester starts). For details, please call the China Development Bank student loan service hotline 95593.

In addition, you can only apply for one of student loans and college student loans. Student loans can be applied to the local student financial aid management center or bank, and college student loans can be applied to the university student financial aid management center.

Student loan application process

1. National student loan application process

(1) Apply for a student loan from the school.

(2) Get the student loan application form and fill it out.

(3) Fill it out and submit it to the school, and attach relevant information: student ID card, copy of ID card, description of family situation, proof of family difficulties, etc.

(4) Waiting for approval from the school and bank. After passing the review, you can sign a contract and obtain a student loan.

2. Student loan process

(1) Apply for a loan to the Student Financial Aid Management Center of the Education Bureau where you are registered.

(2) Fill in the loan application form and provide the following materials: original and copy of household register, original and copy of ID card, student status certificate, and credit student loan certificate from the school.

(3) After approval, you can sign a contract and obtain a loan.

Note: After signing a student loan contract, you need to repay according to the contract requirements. If it is overdue, a credit report will also be obtained at the meeting.

Student Loan Service Hotline

Student Loan National Unified Service Hotline 95593

1. National student loan is an important function of the Party Central Committee and the State Council in the socialist market economy. Under the conditions, it is a major measure to use financial means to improve my country's general university funding policy system and increase financial support for students from poor families in general universities.

2. National student loans are government-led, with fiscal interest subsidies. Finance and university authorities jointly provide banks with certain risk compensation, and banks, education administration departments and university authorities work together to provide specialized assistance. Bank loans for students from poor families in colleges and universities.

3. Students who borrow money do not need to apply for loan guarantee or mortgage, but they need to promise to repay the loan on time and bear relevant legal responsibilities. Borrowing students apply for loans from banks through their schools, which are used to make up for various expenses during school and are repaid in installments after graduation. On August 8, 2012, the new student loans issued by the Development Bank will exceed 12 billion yuan.

4. On July 20, 2015, the Ministry of Education and other departments jointly issued the "Several Opinions on Improving the National Student Loan Policy." The "Opinions" stated that in order to effectively reduce the financial burden on students who borrow money, the maximum loan period will be extended from 14 years to 20 years, the principal repayment grace period will be extended from 2 years to 3 years, and the loan interest will be fully subsidized by the government while students are studying. .

5. On July 21, 2020, the Ministry of Education, the Ministry of Finance, the People's Bank of China, and the China Banking and Insurance Regulatory Commission jointly issued the "Notice on Adjusting and Improving the National Student Loan Relevant Policies" (Education Finance [Education Finance] 2020〕No. 4), the notice clarified that the relevant policies for student loans will be adjusted from three aspects: principal repayment grace period, loan period and loan interest rate.

6. There are four main forms of loans: national student loans; credit-based student loans from the student’s place of origin; interest-free loans provided by colleges and universities using state financial funds for students; and general commercial student loans. Among them, national student loans have the largest funding intensity and scale and are the main content of student loans.

7. Public full-time colleges and universities should actively implement the national student loan policy and work with cooperative banks to apply for national student loans for students from poor families in colleges and universities. In addition, some private colleges and universities have launched national student loans. Students should pay attention to the relevant statements in the school's admissions brochure or admission notice.

Student loan renewal time

With the end of the college entrance examination, thousands of students have entered the halls of university to study at higher-level universities. For some students with financial difficulties, the application they must make before going to college is to apply for a student loan. When is the renewal time for student loans in 2021? This is the latest time!

When is the renewal time for student loans in 2021?

According to past situations, most schools will complete the review of student loan extension applications at the end of June every year, and mid-June is the latest student loan extension deadline. Taking Henan as an example, most schools in Henan will require students to fill out and submit loan extension applications before June.

Strictly speaking, due to differences in regional policies and banking systems in 2021, the student loan renewal time may be very different in various provinces and cities.

If you are unsure, students can call the China Development Bank student loan service hotline 95593 for detailed information.

Of course, whether students want to apply for student loans or renew loans, the sooner the better. Now, you can apply for student loans directly online. It is recommended that you choose to apply online at home. If you do not meet the application conditions or the materials are not prepared enough, you can modify it in time.

What are the renewal procedures for student loans?

1. Students need to log in to the China Development Bank student loan website.

2. After logging in, click "Change Personal Information" to complete your personal information. If there is a change of the same borrower, you need to go through the procedures for changing the same borrower first. If nothing changes, don't change.

3. Click "Loan Application"-"Add"-"Complete Love Renewal Information"-"Submit"-"Student Financial Aid Center" for review.

4. Students log in to the student online service system, submit a loan extension application, and fill in a loan extension statement. Summarize and state your thoughts and progress over the past year or your current family financial situation, no less than 100 words.

5. Students who do not receive loans from China Development Bank are not within the scope of application for online loan renewal.

The above is the relevant content of "Student Loan Renewal Time in 2021". Hope this helps everyone!

What should I do if I fill in the wrong form for the student loan school in my place of origin? Can I change it again?

It can be modified. Before signing a contract, if the school fills in the wrong information or other information is wrong, you can enter the student loan system to modify it, and then reapply for a loan in the system. If you have signed a contract, you must communicate with the teacher at the loan processing point in the student's place of origin to modify and re-sign the contract.

Because the loan receipt will be handed over to the school after the contract is signed, if the wrong information is not corrected before then, the loan will not be possible. The service hotline for student loans in the place of origin is: 95593

Extended information:

Declaration and application procedures for student loans in the place of origin

1. Loan application, The borrower applies for a loan to the Student Financial Aid Management Center of the Education Bureau of the county (city, district) where his or her family is registered (hereinafter referred to as the "County Financial Aid Center"), fills out the loan application form, and provides the following materials:

2. The contract is signed, ① The local financial aid center reviews the application materials → ② The local financial aid center guides the borrowing students to open a personal account at the handling bank → ③ Signs the "Student Loan Contract with Credit in the Place of Origin" → ④ The local aid center issues the "Credit in the Place of Student Origin" Student Loan Loan Contract Receipt Form".

3. Contract acknowledgment, ①The borrowing student brings the contract acknowledgment to the school→②The school handles the procedures according to the contract acknowledgment requirements→③The student himself sends the contract acknowledgment back to the county-level financial aid center where the student is located→④Compiled by the local financial aid center The summary form is submitted to the Provincial Student Financial Aid Management Center → ⑤ The Provincial Financial Aid Management Center is submitted to the handling bank for approval.

4. Loan disbursement: ① The handling bank transfers the loan funds to the borrower's personal account → ② The loan funds are transferred from the personal account to the tuition account of the borrower's school.

5. Contract change. After the loan contract is signed, if the borrower student needs to change the account name or account number of his or her personal account, or the borrower student cannot repay the loan as stipulated in the loan contract due to continuing studies, suspension of studies, etc. For repayment under the loan plan, the contract can be changed if the student who borrowed the loan applies for it and has reviewed and approved it by the county-level financial aid center. In principle, adjustments to the repayment plan can only be made within the loan period stipulated in the contract and cannot be extended.