What should I do if I don’t want to renew my student loan in the second year? Student loan is still a preferential policy introduced by the state for college students. However, if I don’t want to renew my student loan in the second year, I can also use certain methods to end it.

kind of loan program.

In fact, you can use certain methods to end this loan process. After all, applying for student loans from the place of origin is the needs of college students. If you feel that you no longer need to apply, you can accept this application.

You don’t need to submit a loan renewal application. National student loans are originally a preferential policy for poor college student families. If your family situation is not good, you can actually go to relevant institutions to apply for student loans.

Loan, but in the second year, if you feel that your family conditions can support you to go to school, then you do not need to submit an application. If you do not submit a loan renewal application, then generally speaking, the student will automatically give up in the second year.

Got a student loan.

Specific regulations In fact, the national student loan is a very good policy. Students do not need to pay interest when applying for this student loan.

In other words, there is no interest on the student loan from the student’s place of origin. You only need to repay the principal within the specified time. Moreover, the grace period for the national student loan from the student’s place of origin is relatively long, which is six years. During this period, you only need to pay back the principal.

Just pay the principal and relatively low interest. If you feel that you don't need to apply again, then you don't have to continue to apply. It mainly depends on everyone's financial situation.

So you don’t need to take any procedures, as long as you don’t submit a loan renewal application.

In fact, many students feel that their financial situation has improved in the future. Of course, some college students may do some work-study activities in school. In this way, they can also earn some money, thereby further reducing the burden. In this case, they may not continue

Applied for a student loan.

I just applied for a student loan and I no longer want it. Can I apply to the bank for a refund?

The student loan you just applied for is refundable, as long as you don’t submit the remaining information.

1. Application materials for student loans from the student’s place of origin: 1. National student loan application form; 2. Copies of my student ID card and resident ID card (minors must provide valid identification of the legal guardian and proof of written consent to apply for the loan)

); 3. My own explanation of the family’s financial difficulties; 4. A certificate of family financial difficulties issued by the relevant department where the student’s family is located.

The student himself bears legal responsibility for the authenticity of the certification materials he provides; 5. Other materials specified by the bank.

2. Can student loan renewal be stopped midway?

Yes, after students apply for student loans, if they want to apply for loan suspension, they need to submit a loan suspension application to the bank. After signing the loan suspension contract, the loan can be released.

Generally speaking, student loans from the student's place of origin are granted once a year. Students can stop the loan after one year, or they can continue to take the loan for three years, or stop the loan midway. The specific loan period can be determined according to personal circumstances.

3. Loan issuance and repayment methods: 1. Student loans are applied once and disbursed in years.

The lending bank will transfer the loan to the school's "Student Loan Management Fund Special Account" on an annual basis in accordance with the lending plan stipulated in the "Loan Contract". After the school withdraws the tuition and accommodation fees due from the borrower from the special account, the remaining portion will be transferred to the corresponding

Student Life Account.

2. The principal of the student loan shall be repaid in installments according to the repayment period stipulated in the "Loan Contract".

The lender can return part or all of the loan to the lending bank at any time.

The portion returned in advance will be charged interest based on the interest rate stipulated in the contract and the actual usage time; if the loan principal and interest cannot be returned on time, the lender will charge penalty interest in accordance with regulations.

3. Student loan interest is accrued annually, excluding compound interest.

Within the loan period specified above, the municipal finance will provide an interest discount of 50%, and the remaining 50% will be paid by the lender.

Extended information: Borrowing students should confirm their student loan repayment plan with the bank when going through graduation procedures.

Within one year after graduation, you can submit an application to the bank to adjust the repayment plan.

Student loan principal and interest repayments can be taken in a variety of ways, and the loan can be paid off in advance one time or multiple times.

If a college student chooses to repay the loan early, the handling bank shall not charge any additional fees other than the interest payable.

Log in to the homepage of the China Development Bank student loan information website, and then enter the loan information page through the student login name and password (the default login name for online application for early loan repayment for the 2006-2008 academic year is the school code + student ID number, and the password is the 8-digit birthday;

The login name and password for online application for early loan repayment for the 2009 academic year and beyond are the login name and password used by students when applying for loans).

What should I do if I don’t want to renew my student loan for the second year?

The student loan here should be the student loan from the student’s place of origin, which is a student loan that helps students from financially disadvantaged families pay for tuition and accommodation fees during their studies at school.