Do I need to pay tuition after applying for a student loan?

1. Do I need to pay tuition after applying for a student loan?

After applying for a student loan, you don’t have to pay the tuition yourself. The loan institution will transfer the money to the school’s finance department, and the school’s finance department will Deduct the tuition fees and other fees you have to pay, and the remaining amount will be credited to your card. There is no need to pay tuition after applying for a student loan, because: applying for a student loan is to enable students from poor families to afford the tuition during school, because the tuition is actually paid by the China Development Bank. Students who apply for student loans will receive a text message with a receipt code sent by the China Development Bank. Therefore, when the semester starts, as long as the receipt code is given to the school, the school will automatically enter the information and will not require the student to pay tuition. After applying for a student loan, the loan funds will usually be released in mid-to-late November, and the money will be deposited into the school's designated account to pay tuition. If there is any remaining money after paying the tuition, the school will refund the remaining money to the students, and the students can use the funds for living expenses. Everyone needs to note that full-time undergraduate and junior college students can apply for a loan amount of up to RMB 12,000 per person per academic year; full-time graduate students can apply for a loan amount of up to RMB 16,000 per academic year (the total annual tuition and accommodation fees are less than For the maximum amount, the loan amount can be determined based on the total of tuition fees and accommodation fees). Legal basis: Article 4 of the "Management Measures of the People's Bank of China for Student Loans". Current students in colleges and universities applying for student loans must meet the following basic conditions: Admission notice or student ID card, valid resident ID card; and must have classmates or teachers ***Two people provided proof of their identities. Article 5 Students in colleges and universities who apply for student loans must fill out a loan contract in accordance with regulations, promise to provide the lender with their workplace and communication methods after leaving school, promise not to repay the loan for one year after it is overdue, and fail to request an extension. Publicize their names and ID numbers on higher education institutions or relevant media for inquiry.

2. If students from Jiangsu Province apply for student loans from their place of origin, do they still need to pay tuition in advance? Can I still get a loan after paying it?

You don’t need to pay the tuition fees you have already paid! I also applied for a loan. But I am from Shandong. Hahaha

3. If you have a student loan from your hometown, do you still have to pay the tuition on time?

Since you have applied for a student loan, the tuition can be paid after the loan is obtained. The difference between the loan and the tuition is You can pay the difference after you arrive at the school, or you can not pay it first, and then pay the tuition together with the loan once the loan is issued. The school will have a record of the student loan after you have applied for it, and there should be no reminders until the student loan is issued. You paid it. We waited for the loan to come out and collected the tuition fee before paying it.

4. After taking out a student loan, do I still need to pay for teaching materials?

The purpose of applying for a student loan is to pay the tuition and miscellaneous fees for the new semester. Textbook fees are one of them.