Student-origin student loans can be cancelled, provided that no contract is signed. Once the contract is signed, there is no way to cancel it, and the applicant must pay off the loan. Usually, he must first register online and then submit an application to the local student financial assistance management center. After the application is approved, he will be required to sign a contract with the applicant, and it can be cancelled before signing the contract. According to the Civil Code, revocable contracts include contracts signed by means of gross misunderstanding, fraudulent means, third-party fraud and coercion.

It is also because some people may apply for student loans just because they are interested, and their families are not poor. After the successful application, I lost interest in my loan and didn't want to apply for another loan. These people just want to try something new. He doesn't really want to apply for a loan, so he can cancel the loan application. The procedure of loan withdrawal is also troublesome, and the lender and the borrower need to go to the student financial assistance center together to handle the withdrawal business with relevant documents. And after the withdrawal, the borrower can't apply for a student loan, because you have lost the opportunity to apply.

legal ground

People's Republic of China (PRC) Civil Code

Article 147 The actor has the right to request a people's court or an arbitration institution to cancel a civil juristic act committed due to a major misunderstanding.

Article 148 If a party causes the other party to commit a civil juristic act against its true meaning by fraudulent means, the aggrieved party has the right to request the people's court or an arbitration institution to cancel it.

Article 149 If a third party commits a civil juristic act against its true meaning due to fraud, and the other party knows or should know about the fraud, the defrauded party has the right to request the people's court or an arbitration institution to cancel it.

Article 150 If one party or a third party coerces the other party to carry out a civil legal act against its true meaning, the coerced party has the right to request the people's court or an arbitration institution to cancel it.

Article 151 If a party takes advantage of a person's danger and lacks judgment, resulting in obviously unfair when a civil juristic act is established, the injured party has the right to request the people's court or an arbitration institution to cancel it.

Article 155 A civil juristic act that is invalid or revoked is not legally binding from the beginning.