Didn't the rural commercial bank's student loan mean that interest is not needed during college? Why is there a text message saying that interest is needed and the money is deposited in the card?

Rural commercial banks do not need interest on student loans. If you receive information similar to the interest deposited in a bank card, you can ignore it. Student loan interest rate The benchmark interest rate of RMB loan announced by the People's Bank of China is the same when the loan is issued. Interest-free during school, interest-free for one-time repayment after graduation, and interest for installment repayment. The longest repayment period of student loans is longer than that of national student loans. To put it bluntly, the total principal and interest is greater than the student loan, and the repayment pressure is heavier than the national student loan.

1. Calculation method of the annual interest rate (%) of the student loan after graduation: loans within half a year (including half a year) 5.60% loans from half a year to one year (including three years) 6.00% loans from one year to three years (including five years) 6. 15% loans from three years to five years (including five years) 6.40. After graduation, the borrower shall pay all the interest generated by the national student loan on a monthly basis from the first interest settlement date after graduation.

2. When students borrow money to complete their studies, drop out of school, or cancel their school status, they shall pay all interest in accordance with the Regulations on the Administration of School Status in Colleges and Universities. Settlement date of the first month after handling relevant formalities. Loan students who drop out of school due to force majeure and other reasons may apply for suspension.

3. The national student loan is an important measure for the CPC Central Committee and the State Council to improve the financial aid policy system of colleges and universities and increase the financial aid for poor students in colleges and universities under the socialist market conditions. Economy. The national student loan is a bank loan led by the government and compensated by financial subsidies, finance and universities. It is jointly operated by banks, education administrative departments and universities to help students. Students who borrow from poor families in colleges and universities do not need to apply for loan guarantee or mortgage, but they must promise to repay on time and bear relevant legal responsibilities. Loan students apply for loans from the bank through the school to make up for the shortage of various expenses during their school days and repay them in installments after graduation. On August 8, 20 12, the new student loans of the development bank will exceed 1200 million yuan.

4.2065438+On July 20th, 2005, the Ministry of Education and other departments jointly issued "Several Opinions on Improving the National Student Loan Policy". The opinion puts forward that in order to effectively reduce the financial burden of students' borrowing, the longest loan period is extended from 14 to 20 years, and the grace period of principal repayment is extended from 2 years to 3 years. The loan interest of students during their school days is fully subsidized by the government. On July 2, 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, which clearly adjusted the relevant policies of student loans from three aspects: the grace period of debt service, the loan term and the loan interest rate.