China Specifies Measures to Ease Burden of Student Loans
Release time：2024-05-21 21:12:48 Source：Earthly Echo news portal
-
Contact Us
- Home
- News
- People
- In-depth
- ACWF
- 2023 Women Science and Technology Innovation Pioneer...
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
China Specifies Measures to Ease Burden of Student Loans
April 21, 2023 |
| Students of Anhui Agricultural University collect cole samplings at an agricultural experimental base in Hefei, east China's Anhui Province, March 26, 2023. [Xinhua/Zhang Duan] |
BEIJING, April 19 (Xinhua) — China has issued a circular on waiving interest and allowing deferred repayment of state-subsidized student loan principal, the Ministry of Finance said Wednesday.
College students graduating in and before 2023 are exempt from paying the interest on loans for this year, according to the circular jointly released by the ministry and three other government organs.
These students can also apply to defer this year's repayments of the student loan principal for one year, said the circular, adding that no penalties or compound interest will be charged.
The measures followed a decision made in a recent State Council executive meeting to continue the policy of interest-free and deferred principal repayments for government-subsidized student loans.
The moves aim to alleviate the burden on college graduates from families with financial difficulties and improve employment services for the students, the circular added.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Comments
Magazines
Projects
Photos
Special Coverage
- Previous：Germany's foreign minister visits Kyiv as Ukraine battles to hold off a Russian offensive
- Next：Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit
Related articles
- Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration
- IDB, Brazil’s Central Bank sign agreement to support green investments
- Prisoner and corrections officers take refuge in van after shots fired
- Scientists struggle to protect infant corals from hungry fish
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- VOX POPULI: What jobs do children want to take in the future?
- The week in politics: Targets, truants and MPs' pay pickle
- Russia, Germany, UK urge restraint as Iranian threat puts Middle East on edge
- China vows to actively promote restoration of int'l flights
- Teenager targeted, run over multiple times, police say
- Queen Camilla reveals she's seen the first season of Bridgerton
- IDB, Brazil’s Central Bank sign agreement to support green investments
- Crash snarls Auckland Harbour Bridge traffic
- 110,000 people to evacuate as floods swamp Russia, Kazakhstan
- Candice Swanepoel stuns in a form
- New York appeals court rejects Donald Trump’s third request to delay Monday's hush money trial
- VOX POPULI: Molds can make food colorful and tasty but they can also be lethal
- Petrobras, investors discuss recovery of Brazilian refinery in Bahia
- Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
- Think diplomacy is tough? Try a White House state dinner
Random recommendation
- Copyright © 2024 Powered by China Specifies Measures to Ease Burden of Student Loans ,Earthly Echo news portal sitemap