How to repay the loan interest of the national student loan during school? 0 interest need not be paid back!

Many people don't understand the specific meaning of the financial discount policy of the national student loan, and think that applying for the national student loan at school requires paying interest. In fact, the national student loan does not calculate the interest during school. How to understand it specifically, let's talk about it.

The national student loan is interest-free during school.

Common applicants for national student loans include college students and undergraduates. Take them for example.

During the three years of college students' study in school, the loan interest is all subsidized by the government, that is to say, the loan interest for three years in school is not repaid. If the loan term is just three years, then the principal can be returned after graduation without any interest.

During the four years of undergraduate study in school, the loan interest is all subsidized by finance. Similar to the above situation, there is no need to pay any interest when studying at school, so according to the academic system, the interest-free time is 4 years.

Tips: No matter how long the loan period is, interest is free during school. If the national student loan has to repay interest and other expenses during school, please pay attention to avoid being cheated.

The extension of the national student loan can extend the interest-free time.

Undergraduate students can apply for a two-year extension of the national student loan, and undergraduates can also apply for a two-year extension of the national student loan. Students who have been postponed for two years are still studying at school, so according to the policy, the two-year extension is still a financial subsidy, and students do not need to pay loan interest.

The national student loan only pays interest for three years after graduation.

According to the policy, the grace period after graduation is extended to three years, which means that only the interest of the national student loan needs to be repaid within three years after graduation. For the newly graduated students with poor economic conditions, the repayment pressure has been reduced by more than half. In the fourth year of graduation, he began to repay the loan as agreed.

The national student loan is free of interest during school. No matter how much the loan is and how long the loan period is, students do not have to pay interest as long as they are in school. Therefore, as long as the selected loan period is within the academic system, you can enjoy interest-free national student loans, and even you can save loan interest by repaying in advance after graduation.