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good news! State student loan interest repayable in 2022 waived

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2022-05-30 10:10:40

China-Singapore Jingwei, May 27. According to the Ministry of Finance website, the Ministry of Finance, the Ministry of Education, the People'sBankof China , and the China Banking andInsurance Regulatory Commissionissued a notice to clarify three arrangements for the 2022 nationalstudent loaninterest-free and principal repayment work.

The first is to exempt the national student loan interest that should be repaid in 2022 by loan students who graduate in 2022 and previous years. Referring to the national student loan interest discount policy, the exempted interest will be borne by the central finance and local finance respectively.

The second is that the principal of the national student loan that should be repaid in 2022 by loan students who graduated in 2022 and previous years can be deferred for one year after the loan student applies independently.

The third is that the national student loan undertaking bank should submit the creditinformation   according to the adjusted loan arrangement , and theinformation that has been submitted should be adjusted.If the loan student fails to repay the loan in time due to the impact of the new crown pneumonia epidemic, upon confirmation by the loan undertaking bank, the relevant overdue loan may not be submitted as an overdue record, and the submitted loan should be adjusted.(Sino-Singapore Jingwei APP)

(Responsible editor: RobotRF13015)

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