China News Service, Beijing, May 28 (Reporter Liu Yuying) The Ministry of Finance, the Ministry of Education, the People's Bank of China, and the China Banking and Insurance Regulatory Commission recently jointly issued a notice to carry out the 2022 national student loan interest-free and principal repayment work in stages. .
The national student loan interest that should be repaid in 2022 by loan students who graduate in 2022 and previous years will be exempted, and the exempted interest will be borne by the central finance and local finance respectively.
For loan students who graduated in 2022 and previous years, the principal of the national student loan that should be repaid in 2022 can be deferred for 1 year after the loan student applies independently. The deferred loan does not include penalty interest and compound interest, and the risk classification will not be lowered for the time being.
Loan students who fail to repay in time due to reasons affected by the epidemic, such as being hospitalized or quarantined for COVID-19, requiring isolation or observation for epidemic prevention, participating in epidemic prevention and control, and having no source of income affected by the epidemic, etc., will be recognized by the loan undertaking bank and the relevant overdue loan will be confirmed Overdue records may not be submitted.
According to the introduction of the relevant person in charge of the Department of Science, Education and Culture of the Ministry of Finance on the 28th, the introduction of the above measures is expected to reduce or exempt more than 2 billion yuan (RMB, the same below) in interest, and can apply for deferred repayment of more than 5 billion yuan of principal, which will help ease loan students. Economic pressure and employment pressure have benefited more than 4 million college graduates.
In 2022, the number of college graduates in China is expected to be 10.76 million, an increase of 1.67 million year-on-year, and the number of graduates hits a new high.
Affected by various factors such as the new crown pneumonia epidemic, the employment of key groups such as college graduates this year faces many difficulties and challenges.