When applying for a student loan for the first time, what is the use of receiving a payment verification code by SMS?

When handling student loans, you need to submit the receipt verification code received by SMS to the school for entry, and the National Development Bank will distribute the money to the school.

2065438+On July 20th, 2005, the Ministry of Education and other departments jointly issued "Several Opinions on Perfecting the National Student Loan Policy". According to the Opinions, in order to effectively reduce the financial burden of borrowing students, the longest loan period is extended from 14 to 20 years, and the grace period for repayment of principal is extended from 2 years to 3 years. The loan interest of students during their school days will be fully subsidized by the government. ?

On July 2 1 2020, the Ministry of Education, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Commission jointly issued the Notice on Adjusting and Perfecting the Relevant Policies of National Student Loans (J.J.Z. [2020] No.4), clearly proposing to adjust the relevant policies of student loans from three aspects: repayment grace period, loan term and loan interest rate.

The compensation standard of student loan and tuition subsidy standard should be adjusted accordingly;

First, the standards of tuition compensation for compulsory military service for college students, compensation for national student loans and tuition reduction and exemption will be adjusted from 6,000 yuan per year for college students, 8,000 yuan per year for master students and 10000 yuan per year for doctoral students to 8,000 yuan per year for college students and 12000 yuan per year for graduate students.

Second, the national student loan compensation standard for college graduates to work in grass-roots units and the tuition subsidy standard for retired soldiers are adjusted from the maximum of 6,000 yuan per person per year to the maximum of 8,000 yuan per junior college student and12,000 yuan per graduate student per year.