Inner Mongolia student loan application conditions are as follows:
(1) citizen of China nationality;
(2) Honesty and law-abiding;
(3) Freshmen who have been approved to set up full-time ordinary undergraduate colleges, higher vocational schools and junior colleges (including private colleges and independent colleges, and the list of schools is subject to the announcement of the Ministry of Education) to implement higher education according to the relevant provisions of the state, and have obtained a true, legal and effective admission notice, or undergraduates, second bachelor degree students and graduate students studying in colleges and universities;
(4) Students' pre-school household registration and their parents' (or other legal guardians') household registration are in the county (city, district);
(5) The court is in financial difficulties, and the income it can obtain is not enough to pay the basic expenses needed to complete its studies during the school period.
Those who meet the above conditions can go to the county (city, district) where the family is located before the start of the new semester.
% of the student financial assistance management centers apply for loans (some areas apply directly to relevant financial institutions). The county-level student financial assistance management center is responsible for the preliminary examination of the qualifications of the applications submitted by students. Financial institutions are responsible for the final approval and issuance of loans. The loan amount applied by the borrower for each academic year shall not exceed 6,000 yuan in principle, and the loan interest rate shall be subject to the benchmark interest rate of the same grade published by the People's Bank of China in the same period, and shall not rise. Students' interest during school is fully subsidized by the financial department, and the interest after graduation is paid by students and parents.
(or other legal guardians) * * * share the burden.
Interest on student loans:
The national student loan interest rate shall be implemented in accordance with the statutory loan interest rate announced by the People's Bank of China and the relevant national interest rate policies, and shall not rise. The current annual loan interest rate is: one to three years (inclusive): 5.76%; Three to five years (inclusive): 5.85%; More than five years: 6. 12%.
Simply put, you don't have to pay interest when you are still studying until you graduate within one year. Wait until the interest rate is 0.5% one year later, and then repay the loan at the bank or branch.
The student loan for three years after college 15000 yuan, and only the interest is paid for two years before graduation, with the interest rate of 7.2%.
When only the interest of the previous two years is repaid, the interest payable per quarter = 15000×7.2%÷4=270 (yuan).
Application procedures and payment of funds
(1) Fund application
Freshmen who meet the application conditions of low-income families (including orphans) can hold their ID card, household registration book, admission notice, admission ticket, low guarantee and orphan card after receiving the admission notice. (If the original certificate of low assurance and orphan certificate cannot be provided due to loss or other circumstances, the certificate of Banner Civil Affairs Bureau can be provided.) To the Student Financial Assistance Management Center of Banner Education and Sports Bureau, I will fill in and submit the "Inner Mongolia Autonomous Region Urban and Rural Low-income Family Freshmen Admission Funding Form".
(2) Qualification examination
The education department is responsible for verifying whether students' admission qualifications are true and valid, including the application for student identity information and whether the admission institution is a full-time ordinary undergraduate college, higher vocational school or junior college approved by the state to implement higher education; The Civil Affairs Bureau is specifically responsible for examining and determining whether low-income families (including orphans) and low-income vouchers (orphan cards) are true and effective, and confirming the dependency relationship between the applicant students and the holders of low-income vouchers; For the children of low-income families whose household registration has moved out or who are not in the same household registration place with their families, the public security household registration management department shall issue student household registration information to confirm the dependency relationship and household registration certificate between students and low-income families.
(3) Publicity
The approved list of aided students will be publicized in a prominent position in the Education Bureau for one week (five working days). (The publicity work is divided into two batches according to the admission time. The first batch will be completed before August 15, and the second batch will be completed before September 15. All relevant departments will promptly investigate and verify the recipients and make suggestions.
(4) Payment of funds
Funding is provided by students' own bank cards. If the student's school has started during the fund distribution period, and the students can't collect it in person, the parents and students will go to the student financial assistance management center to sign the power of attorney, and the principal will receive the funding with the power of attorney on the collection day.