Issued by the Teaching Affairs Office on September 13, 2005
In order to strengthen and advance the continuous and healthy development of administration of state loans for assisting study in our university, and basically meet the needs of students of our university with financial difficulties, and in accordance with the spirit of Notification of A Few Suggestions for Further Improvement of State Loans for Assisting Study by Ministry of Education, Ministry of Finance, People’s Bank and China’s Bank Regulatory Commission Transmitted by the General Office of State Council (issuance of State Council ［2004］No. 51) and the Implementation Rules of Administration of State Loans for Assisting Study of Shaanxi Province (Issuance of Shaanxi Government Office［2004］No. 101), and in the light of the actual situation of our university, we hereby formulate these implementation rules.
I. Guiding Ideology
State Loan for Assisting Study is a major measurement the central Committee of the Party and the State Council adopts to financially assist students of higher education through financial means under the conditions of socialist market economy. The relevant institutions of the university and the colleges should conscientiously perform their duties, and take the administration of state loan for assisting study as a major job, and strive hard to do it solidly and efficiently, with a view to practical results.
II. Administrative Methods
i. Scope and Targets of the Loan
All the full-time Common bachelor students, certificate students (higher vocation), and graduate students can apply to the university for the state loan for assisting study.
ii. Qualification of Students for the Loan
1. Complete capacity for private action (application of a minor for the state loan for assisting study must be agreed by the defendant with a written permission);
2. Being honest and trustworthy, observing discipline and the law, with no violation of disciplines and law. Those who have been punished at the level of demerit (including demerit), and those who have been punished for criminal crimes (including admonition, detention, and fine) are not qualified to get the loan;
3. Studying hard and can normally accomplish the schoolwork. Students under probation and those who cannot acquire diploma are not qualified for the loan;
4. Those whose income is not sufficient for the basic expense of study (including tuition and rent) due to the financial difficulties of the family, Those who live in luxury cannot get the loan.
iii. Proportion of Students Acquiring the Loan and Limit of the Loan
Proportion of the loaning is 20% of the total number of the students, and the amount of the loan is equal to the tuition and rent, with 6,000 yuan as th emaximum, and 3,000 yuan as the minimum.
iv. Materials that must be provided by the students who apply for the loan:
1. Application for the State Loan for Assisting Study (including the student’s statement of family financial difficulties);
2. The approval form for the State Loan for Assisting Study (filled out by the student and sealed by the university);
3. Duplicate of student ID, valid citizen ID, or certification of residence transference (minors must provide duplicate of the defendant’s citizen ID, and written permission for applying for the loan);
4. Duplicate of documents of the civil administration department of the local township or street, or the administrative department of education at county level about the financial difficulties of the student;
5. The university’s recommendation letter to the managing bank certifying the student’s qualification for applying for the loan (the student should get the document sealed by the university and the Student Loan Office);
6. The university’s document certifying the expense of tuition and rent of the student applying for the loan.
v. Financial Interest Discount ：
Payment of the interest of the loan for students is subsidized by the government finance, and students are responsible for paying the interest if they pay after graduation. Interest is calculated for unpaid loans when students graduate.
vi. Schedule for Repayment
Students who borrow money should repay in one or two years after they graduate, taking the situation of employment into consideration, and should clear repayment within six years. When students who borrow money go through the procedure for graduation or termination of study, the Student Life Office should organize the students to verify the repayment plan with the managing bank. The deadline for repayment should be determined via consultation between the lender and the borrower. In case of continuing to study for a degree, students who borrow money should timely show to the managing bank a written document of continuation of study for a degree.
In one year after graduation, students who borrow money may apply to the bank for adjustment of repayment plan. The managing bank should consider the case and reasonably adjust the repayment plan in the light of actual situation and the relevant regulations. Repayment of loan and interest can be done in many ways, once for all or several times in advance.
vii. Procedure for Borrowing Money
Students who want to borrow money should apply to the home college for loan before mid September, and provide the original and duplicate of the citizen ID card and the student ID card (or the notification for enrollment (the original should be returned to the student after being checked by the college) as well as the Investigation Form of Student Family Finance, the relevant document of the parents’ affiliations or the governmental document above the level of street or township (second-year or higher grade students should provide a new Investigation Form of Student Family Finance). When agreeing with the application based on the materials provided by the student an din the light of the student’s performance in study and morality, the home college should instruct the borrower to truthfully fill in the Approval Form for State Loan for Assisting Study and the Loaning & Borrowing Contract of State Loan for Assisting Study. The borrowers’ relevant materials should be verified and sealed by the home college, signed by the dean, and then reported to the Student Life Office for approval. The Student Life Office should examine the applications in the light of the ceiling for loan and the number of students who borrow, and the completion and truthfulness of the materials, and then transfer the applications to the managing bank. When the managing bank examines and agrees, the loaned money will enter the university’s account. Then, after verifying the money, the Office of Finance will enter the money into the account for the students’ tuition and rent, and deliver receipts to the students.
Before graduation, students who borrow money must go through the verifying procedure with the managing bank, formulate a repayment plan, and sign a repayment contract.
III. Strengthening Leadership, defining responsibilities, and Mutual Cooperation
Administration of the State Loan for Assisting study is an important job that is strongly policy-related, exacting, and widely involved, and needs integrated administration and adjusted cooperation of the relevant departments. The university establishes a Leading Group of State Loan for Assisting Study consisting of the leaders of the Student Life Office, Office of Finance, the Teaching Affairs Office, the Guidance Center for Employment, and the Office of Public Safety, as well as the leaders of the colleges in charge of student life, with the university president as the head and the university leader in charge of student life as deputy head, and an office in the Student Life Office, which unitarily organizes and implements the administration of State Loan for Assisting Study of our university.
i. The Student Life Office is a day-to-day administrative department of student loan, in charge of allocation of the amount of the loan and the number of students who can apply, and organization of examination, approval and signing the contacts of the applications of students with financial difficulties for loans. Establish effective personal information archives of students who borrow money, and contentiously organize carrying out repaying education and trustworthy education. Actively keep in touch with the managing bank, and guarantee continuous and healthy development of administration of State Loan for Assisting Study.
ii. The colleges should establish correspondent leading groups, and designate special persons to be responsible for this job. Actively publicize loan to students and educate students to be trustworthy with repayment, illustrate to students the procedure and methods for repayment. Seriously check the students’ basic information and the materials for application for loan, and make sure the information is accurate. Administer the students after they acquire the loan, timely grasp the information about the trustworthiness of the students who have borrowed money, and provide the Student Life Office and the managing bank with the information, and help verify repayment and dun the loans.
iii. In accordance with the principle of “risk sharing”, the Office of Finance should allocate some money equal to certain proportion of the loans offered of the year, and include it in the annual budget, so as to establish special reserve for risk compensation of the State Loan for Assisting Study, as an earmarked fund. When the managing bank allocates the student loans into the account of the Office of Finance of our university, check the list of the students and the amount of loan, and charge against the students’ tuition and accommodation fees accurately, and timely complete checking and calculation of the account of loans and charge of the tuition and accommodation fees.
iv. The police station should actively do the replacement of the first version of citizen ID for students, and include the loan information in the administrative system of citizen ID, and coordinate with the bank in identifying students who have violated the contract.
v. When the students who have acquired loans graduate, the Guidance Center of Employment should include the loan information in the students’ personal files, and indicate “Enjoys State Loan for Assisting Study” in the reporting card for employment; and be responsible for providing the managing bank with the effective address and contact information of the students who have acquired loans when they are employed for the first time; and provide effective family addresses and contact information of the students who have acquired loans and have not been employed, and initially cooperate with the managing bank in dunning the loans.
vi. As concerning the students who have acquired loans but cannot normally accomplish their study due to transferring to another school or suspension of their schooling or going abroad or death or other reasons, the Teaching Affairs Office should timely let the Student Life Office and the managing bank know. Students who transfer to another school cannot go through the procedure unless they repay the loan and interest. Regarding the students who have acquired loans but cannot normally accomplish their study due to transferring to another school or suspension of their schooling or going abroad or death or other reasons, the managing bank has the right to adopt the measurements of suspending the loans, or recovering the loans ahead of time according to the contract. The students cannot go through the correspondent procedure unless the managing bank adopts the abovementioned measures in accordance with the situation or countersigns a contract with the students concerning repayment of the loan.
vii. Regarding a student who gains loans with false materials, the loan should be recalled, the student should be punished, and the concerned college, the Student Life Office and other relevant units should be called to account once discovered.
IV. Other Rules
i. These rules begin to be implemented in March 2005. Colleges should formulate their own administrative methods referring to these rules.
ii. The relevant policies and rules concerning the State Loan for Assisting Study issued before continue to be implemented. For those in conflict with these rules, take these rules as benchmark.
iii. As for the unexhausted matters with these rules, further improvement will be carried out during the implementation.
