Credit student loan implementation plan

In order to implement the "Opinions of the State Council on Establishing and Affecting the Subsidized Policy System for Students with Economic Difficulties in the Undergraduate Colleges, Higher Vocational Schools, and Secondary Vocational Schools," to help the students with financial difficulties in the family successfully complete their studies, according to the Ministry of Finance, the Ministry of Education, and the State Development. The Bank's Notice on the Implementation of Credit Grants for Student Sources in Some Areas and the Notice of the Ministry of Finance, the Ministry of Education, and the China Banking Regulatory Commission on the Promotion of Credit Grants for Students in the Source Areas, combined with the actual situation of the province, propose the following implementation plans:

I. Hosting the bank

The work of the student credit loan in Jiangxi Province is mainly undertaken by the National Development Bank. At the same time, other banking financial institutions are encouraged to carry out this business.

Second, the nature of the loan and application conditions

The student credit loan is a student loan issued by a financial institution such as the National Development Bank to a general university student who has difficulty in family economic conditions and a student who is enrolled in the pre-school residence. The student source loan is a credit loan, which is mainly used to solve the tuition and accommodation expenses of the students during the school. The students and parents are co-borrowers and share the responsibility for repayment.

Students applying for a student source loan must meet the following conditions:

1. Have the nationality of the People

2. Honest and trustworthy, obeying the law;

3. It has been approved by the full-time undergraduate colleges, higher vocational schools and colleges that have been approved to establish and implement higher education in accordance with relevant state regulations. Students who have obtained true, legal and valid admission notices or students are enrolled;

4. The student’s current household registration and his or her parent’s household registration are in the county;

5. One of the following characteristics is that the family has financial difficulties and the income that can be earned is insufficient to cover the basic expenses required for students to complete their studies at school: rural destitute households and urban low-income households; orphans and disabled families; suffering from natural disasters and man-made disasters Major losses, unable to afford student expenses; family members suffering from major diseases; family's main income creators lost their ability to work for a reason; single-parent families without stable income; poor families in old, young, marginal, poor and remote rural areas; A family whose one is unemployed; the total annual cash income of the family is less than 8,000 yuan; other poor families.

Third, the loan policy

Loan use and amount. Each student's annual loan amount is not less than 1,000 yuan, not more than 6,000 yuan, the specific amount is determined according to the student's tuition and accommodation expenses. When the loan amount is higher than the tuition and accommodation requirements, the remainder can be used for student living expenses. Students who have obtained national student loans in colleges and universities in the same year may not apply for credit loans for students at the same time.

The term of the loan. In principle, the loan term is determined by the full-time undergraduate degree plus 10 years, and the maximum period is no more than 14 years. If you have studied for more than 4 years or continue to pursue a graduate degree or a second bachelor's degree, the student's repayment period after graduation is shortened accordingly.

Loan interest rate and interest. When the loan interest rate is executed, the People's Bank of China announced the same benchmark interest rate for the RMB loan at the same time. The loan interest rate is adjusted once a year on December 21, and the adjusted interest rate is the benchmark interest rate for the same grade loan announced by the People's Bank of China on the adjustment date. Loan interest is charged on an annual basis. The value date is the loan day issued by the handling bank. The settlement date is December 20th of each year. Students are fully paid by the financial period during their school years, and the borrower pays interest after graduation.

The principal and interest are repaid. December 21st is a fixed repayment date, including interest and amortization of the principal. Students should start to repay interest on an annual basis starting from September 1 of the year of graduation. Students are in the grace period of 2 years after school and after graduation. After the grace period, they will repay the loan principal in installments in equal principal amount. Students can repay in advance. January 15th and July 15th each year is a fixed early repayment date. The loan principal repaid in advance must be an integral multiple of 500 yuan or paid off in one lump sum. The interest is calculated in advance by repaying part of the contractual interest rate and the actual period of use, and no fees other than interest payable are added.

Fourth, fiscal policy

Financial discount. Students are all financially subsidized during their school days. Among them, the students admitted to the central colleges and universities, the loan interest subsidies are borne by the central government; the students admitted to the local colleges and universities, inter-provincial, the loan interest subsidies are borne by the central government; the province's affiliation is borne by the financial departments at all levels according to the affiliation of the university. Among them, the student loan discount interest of the provincial colleges and universities is undertaken by the provincial education department from the budget of the provincial financial arrangement, and the student loan discount interest of the municipal colleges and universities is borne by the municipal finance.

Risk compensation. Establish a special fund for risk compensation for source of land loans, and the proportion of risk compensation will be determined based on 15% of the amount of loans issued in the current year. Students admitted to the central colleges and universities, the risk compensation fund is borne by the central government. Students admitted to local colleges and universities, studying in other provinces, the risk compensation fund shall be borne by the central government; in the province, the risk compensation shall be borne by the central and local governments by 50%, of which the local burden shall be borne by the same level of finance and universities. The burden is 50%.

Management of interest subsidies and risk compensation funds. The interest subsidies and risk compensation funds of the central and provincial financial burdens are collected by the National Student Financial Aid Management Center and the Jiangxi Student Financial Aid Management Center respectively, and will be allocated to the Bank in a timely and sufficient manner before December 21 each year. The land-based loan risk compensation fund is managed by the handling bank, which is mainly used to prevent and compensate for the loss of the student source.

If the risk compensation fund exceeds the loan loss of the corresponding source, the excess will be awarded to the county funded center by the handling bank; if it is lower than the corresponding source loan loss, the insufficient part will be shared by the handling bank and the county-level financial department.

Fifth, the organization and implementation

Work leadership team. The Jiangxi National Student Loan Coordination Leading Group is responsible for the unified guidance of the provincial student loans, student credit loans, and the financial assistance of students from economically disadvantaged schools in secondary and secondary vocational schools. The municipal and county people's governments shall also establish corresponding funding mechanisms for students with financial difficulties in the family.

Management platform. As a provincial-level management platform for student loans in the province, Jiangxi Student Financial Aid Management Center is mainly responsible for assisting development banks in organizing, coordinating and managing the province's student-source loan business, guiding and supervising county-level funded management centers; establishing and universities. The information linkage mechanism; at the same time, it is responsible for the collection of financial interest subsidies and risk compensation funds and excess risk compensation losses.

The county-level education administrative department shall, in accordance with the requirements of the No. 13 file of Guofa [XX], establish a student aid management center on the basis of integrating existing resources to ensure the necessary working conditions.

The county-level funded management center shall, in accordance with the requirements of the Ministry of Finance, the Ministry of Education, the Banking Regulatory Commission, and the commissioned by the Bank, shall be responsible for handling the loan of the student source of the county under the guidance and management of the Provincial Student Financial Assistance Management Center and the Bank. Organize, summarize and summarize the student's family economic status, student source loan needs and other information; be responsible for investigating and identifying the student's family financial difficulties; responsible for establishing a student credit and loan qualification review team, determining the list of students eligible for the loan, and measuring the loan Demand, preparation of loan plan; handling of application for initial student credit loan application, preliminary examination, etc.; responsible for establishing contact system with loan student families, tracking and understanding the family's family economic status; responsible for provincial student aid management center, management bank Regularly submit information about loan students to universities; entrusted by the bank to repay loans, strengthen communication with universities, and avoid double loans.

Financial management. The provincial and relevant municipal finance departments shall arrange and timely allocate the interest subsidy funds and risk compensation funds in the annual fiscal revenue and expenditure budget, strengthen the management, use and supervision of the interest subsidy funds and risk compensation funds, and improve the use efficiency of funds. The county-level financial department shall actively participate in the management of credit-study loans for students, participate in the coordination of relevant matters, timely and fully arrange and disburse excess risk compensation losses, and the operating expenses of the student-level management center of this level, and guide and supervise with the education department. The county-level student financial aid management center carries out the work of student credit loans.

School management. The Candidate School cooperates with the county-level funded management center and the handling bank to provide information on the admissions of college entrance examinations and the demand for credit loans for students in the school, and assists in the application, approval and issuance of loans. Institutions of higher learning should timely arrange the full amount of risk compensation for schools, strengthen the education of students' integrity, cultivate students' sense of integrity, and urge students to fulfill their repayment obligations in accordance with the contract after graduation; according to the needs of county-level funded management centers, Assisting in the provision of information on student credit student loans and information on college fees and charges.

Supervise management. The banking supervisory department, together with the finance and education departments, provides guidance to banking financial institutions to start the credit-granting student loan business, regularly conducts inspections and evaluations, and urges the handling banks and settlement banks to improve financial services and improve work efficiency. The banking supervisory department shall establish a system for notification of breach of contract for student loans, and regularly share information within the banking financial institutions.

Six, work requirements

highly valued. The student credit loan is an important part of the national student loan. It is an important way to solve the problem of students with financial difficulties in the family by using financial and financial means and innovative financial service system. It is of great significance to give full play to the overall effect of the policy and ensure the achievement of the stated goals of the state funding policy. The municipal, county finance, education, banking supervision departments and handling banks must fully understand the importance of doing a good job in credit-assisted student loans, implement a scientific development concept, build a socialist harmonious society, and further unify their thinking and raise awareness. We will make a good credit for student credit in the source of life as a major measure for governing for the people, serving development, paying attention to people's livelihood, and promoting education equity, and promoting and implementing it well.

Carefully organized. Before the start of the school in the fall of 2019, under the unified leadership of the provincial government, the Provincial Department of Education, the Provincial Department of Finance, and the Jiangxi Banking Regulatory Bureau, together with the Bank of China, organized the implementation of the Student Financial Management Center and the Bank. All localities and departments must earnestly strengthen leadership, improve working institutions, study and formulate measures, arrange funds in a timely manner, and ensure that funding policies are in place. Education, the financial sector, and financial institutions must bear their responsibilities, cooperate closely, and organize and implement them.

Ensure sustainable development. The State Development Bank Jiangxi Branch and other handling banks should establish a full-time management organization for student credit loans as soon as possible, with sufficient personnel to effectively prevent loan risks and maintain the sustainable development of student credit loans.

Continue to do a good job in student loans at the school location. While promoting and implementing the credit-granting student loans for students in various places, all localities and departments should continue to do a good job in student loans at the school location to ensure that the original national student loan mechanism and agreements continue to be effectively implemented.