The national student loan is a bank loan that is led by the government, subsidized by the finance, with the finance and the universities*** giving the banks a certain amount of risk compensation, and operated by the banks, the education administrative departments and the universities*** specifically to help the students from poor families in the universities.
The National Credit Student Loan from the Place of Birth refers to the student loan issued by the China Development Bank to new and current students of ordinary colleges and universities who meet the conditions of financial difficulties of their families and handled in the county (city or district) where the students' household registration is located before enrollment.
The student loan is a credit loan, and students and parents (or other legal guardians) are ***same borrowers and ***same liabilities for repayment.
The financial institutions of the credit student loans are the China Development Bank as the main contractor, while encouraging other banking financial institutions to carry out this business, the specific contractor bank by the local finance, education, banking supervision departments and the China Development Bank and other financial institutions to determine the consultation.