When will the college student loan be repaid?

The value date of the student-origin student loan is September 1 of the first year after graduation, that is, after graduation, you will not enjoy the financial discount and start to repay the interest. 65438+February 20th is the annual interest settlement date. Generally, before 65438+February 15, it is enough to transfer the interest payable to Alipay account.

There is no need to repay the principal for the first two years. Repay the principal and interest in equal amount after the third year of graduation. For example, the loan is 8,000 yuan, the term is 8 years, and the principal is repaid every year 1 1,000 yuan. The time is also 65438+February 20th, but the deduction time last year was September 20th.

Extended data:

First of all, we must know the way of repayment. When applying for a college student loan, an Alipay account will be automatically generated, and the real-name system will be managed after the loan is successful. In this way, through the national student loan system, you can know the amount of repayment principal and interest by logging in the user name and password. In addition, I can repay the student loan through my other Alipay accounts. The advantage of Alipay repayment is that it is convenient and fast, and it is not restricted by regions and banks.

If it is a bank counter repayment, it is relatively more troublesome.

Check the repayment amount. It is not difficult for college students to master the repayment process. Borrowing students can log on to the website or telephone (the management center of the county of origin or the online service system of the student loan of the China Development Bank) to inquire about the principal and interest to be repaid this year. Of course, remember your previous username and password when logging in.

You can also use your own other Alipay accounts. The process of using other Alipay accounts for repayment is: log in to Alipay account, click the application center, and drop down to find CDB student loan. When you get in, ask me for repayment. You can repay.

The process of prepayment.

Interest is paid on the loan after graduation. After the improvement of living conditions, most college students will choose to repay in advance. The process of prepayment is similar to normal repayment, except that you need to apply, log on to the website and choose prepayment application. Apply for prepayment before 10 every month (after 10 plus next month's interest), prepayment does not need approval, and the balance to be repaid can be found after application. Deposit the deposit into Alipay account before 15 every month, and generally you can receive SMS reminder on the 20th debit day. The following month 1, log on to the website to check the repayment status of the account.

Overdue repayment. After the annual repayment period of 65438+February 20, I found that I forgot to repay. There is no need to wait until February 20th of the following year 15. You can contact the local student financial aid management center at the beginning of each month or log on to the website to inquire about the amount that should be repaid this month (sometimes with penalty interest), and then repay the money through Alipay before June 15 according to the above methods. As a reminder, there is no penalty interest for overdue interest, that is, there is no penalty interest for overdue interest in the first two years, but there is a penalty interest for overdue principal. The penalty interest on the principal is 65438+ 0.30% of the interest in the same period, which is still relatively high.

First of all, around April, the school will inform this year's graduates to make graduation confirmation. The graduation confirmation website is on the student loan information website of China Development Bank. Of course, if you are admitted to the graduate school, you can temporarily not repay the loan and renew the loan. As employed and unemployed students, we need to pay back as soon as possible. After all, the interest is quite high.