Will the student loan be returned and frozen if it fails to be paid?

will be frozen.

1. If the remaining funds of the student loan are frozen, it is likely because the Alipay of the borrowing student has not completed the real-name authentication (this refers to the exclusive Alipay account of the China Development Bank student loan, and its The login name is generally the email address of *******.cdb@sina.cn. Students can check the loan contract in the student online service system of the China Development Bank Student Loan Information Network, which will record the login name, initial password and other related information. ).

2. It is also possible that all the funds have been frozen. This is probably because the loan funds have not been used to withhold tuition fees, so in order to prevent students from withdrawing and using them, the system has frozen them.

3. Everyone also needs to note that if there is a risk of theft of the Alipay account, after system monitoring, it will be temporarily frozen to ensure the safety of the funds. In addition, it is also possible that there was a problem with someone in the Alipay system during the process of transferring money to the school, causing the tuition payment to fail, so all the funds were simply returned and temporarily frozen.

The National Student Loan is an initiative adopted by the Party Central Committee and the State Council under the conditions of the socialist market economy to use financial means to improve my country’s general college funding policy system and increase funding for students from poor families in general colleges and universities. major measures. National student loans are government-led, fiscal interest subsidies, financial and university authorities jointly provide banks with certain risk compensation, and banks, education administrative departments and university authorities jointly operate bank loans to specifically help students from poor families in colleges and universities. Borrowing students do not need to apply for loan guarantees or mortgages, but they need to promise to repay on time and bear relevant legal responsibilities. Borrowing students apply for loans from banks through their schools, which are used to make up for various expenses while in school, and are repaid in installments after graduation. On August 8, 2012, the new student loans issued by the Development Bank will exceed 12 billion yuan.

On July 20, 2015, the Ministry of Education and other departments jointly issued "Several Opinions on Improving National Student Loan Policies." The "Opinions" stated that in order to effectively reduce the financial burden on students who borrow money, the maximum loan period will be extended from 14 years to 20 years, the principal repayment grace period will be extended from 2 years to 3 years, and the loan interest will be fully subsidized by the government while students are studying. .

On July 21, 2020, the Ministry of Education, the Ministry of Finance, the People's Bank of China, the China Banking and Insurance Regulatory Commission and other four departments jointly issued the "Notice on Adjusting and Improving National Student Loan Relevant Policies" (Jiaocai [2020] No. 4), the notice clarified that the policies related to student loans will be adjusted from three aspects: principal repayment grace period, loan period and loan interest rate.

Operating environment: Redmi10x, MIUI12.5.7, Alipay 10.2.38.8200, Baidu 13.0.10. During the issuance of student loans from the China Development Bank, the Alipay account prompted that the tuition payment failed and was returned to freezing. How to deal with this? Woolen cloth?

You need to go to the institution that specializes in student loans to apply for a loan, or you can call directly for consultation.

Student loans from the countries where students originate gradually arrive in the school’s financial account. The school's Student Financial Aid Service Center and Finance Department adopt the workflow of receiving one batch of loans, reporting one batch in a timely manner to the Student Financial Aid Service Center, withholding one batch in a timely manner, and distributing the remaining balance in one batch: The Student Financial Aid Service Center must log in to the China Development Bank every day Student loan business management system for student origin.

View and export the loan payment details in batches, print the list of students who have received the loan, and report it to the Salary and Grants Section of the Finance Department. The Salary and Grants Section inquires about student payment status based on the loan receipt list. For students who have paid off their early tuition and miscellaneous fees, the Finance Office will transfer the full amount of the student loan to the student's ICBC card.

Introduction to student loans from the student’s place of origin:

For students who have not paid off their early tuition and miscellaneous fees, the student loan will first be used to offset the arrears of tuition and miscellaneous fees. After the fees are withheld, each The deduction information and withholding receipts for one batch are returned to the Student Financial Aid Service Center.

The center will send the list of students with balances to the person in charge of student financial aid in each college, conduct statistics on ICBC card numbers, and return them to the Student Financial Aid Service Center after the statistics are completed. The Student Financial Aid Service Center will issue the list of students with each batch of loans and tuition and fees receipts to the students through the college, and sign for confirmation. Why the student loan cannot be repaid? What is the reason?

The network signal was not good when the student loan was repaying the loan, causing the repayment to fail. The backend system is undergoing maintenance and upgrades, so the repayment channel is temporarily closed. The students who borrowed money did not log in to the exclusive Alipay account for student loans, but to the ordinary Alipay account registered by themselves.

Reasons why student loans cannot be repaid

1. The network signal is not good when the student loan is repaying the loan, causing the repayment to fail. In this regard, it is recommended that students borrowing money first change to a better network connection and then try to repay the loan again.

2. The backend system is undergoing maintenance and upgrades, so the repayment channel is temporarily closed. In this regard, students who borrowed money can only wait patiently for the system upgrade to be completed, then the repayment channel will be reopened, and students who borrowed money can also perform repayment operations. If you are worried about missing the repayment deadline, you can call customer service to ask when the system will be repaired.

3. Borrowing students do not log in to the exclusive Alipay account for student loans, but to the ordinary Alipay account registered by themselves. In this case, students only need to log out of the Alipay account they registered on the platform, and then log in to their exclusive Alipay account.

4. The operation frequency is too fast, resulting in timeout. It is recommended that customers refresh the page or exit and then click back in, and then follow the page prompts step by step.

How to repay student loans

Submit an early repayment application in the system or the local student loan center, and then deposit the repayment into Alipay or through local student financial aid Management center returned.

(1) Online repayment process:

1. Log in to the "Student Online System" and view the personal Alipay loan account;

2. Use personal Log in to the Alipay website with the Alipay loan special account name, and perform related operations such as changing the login password and payment password of the personal Alipay loan special account to strengthen account security and prevent account theft.

(2) Personal repayment process:

1. Go to the student loan center in the student’s place of origin to get the repayment application form and fill it out clearly;

2. The student's place of origin will give you a card number, and you just need to pay money at the designated bank. Why did the repayment of student loans from the China Development Bank fail?

The logical sequence of deductions during the early repayment process of China Development Bank is:

1. Overdue interest (if any);

2. Overdue principal and the resulting penalty interest (if any);

3. The monthly interest accrued after the application for early repayment is made;

4. The principal amount for early repayment.

At the same time, since it is stipulated in the student loan contract that one early repayment should settle a contract, after deducting the corresponding interest from the account amount, if it is not enough to repay the principal, the agent bank may not deduct the money. So the early repayment failed.

Unsuccessful early repayment will not affect the student's personal credit, and will not incur additional interest, late payment fees, or liquidated damages. It is recommended to deposit more amount during the repayment process, and bank deductions must be strictly implemented. The system's interest settlement amount will not be deducted a penny more, but insufficient amount may lead to failure of early repayment.

In addition, if you are a student who uses Alipay to repay, you may encounter a situation where the system deducts part of the principal. This is normal. Please pay attention to whether the corresponding loan project in the personal online system has been closed in a timely manner. Clear, proving successful repayment.