Which schools are covered by this policy?

Students at senior high schools and higher education institutions (high schools, universities, graduate schools, etc.) are eligible.

When will the new interest rate take effect?

It is scheduled to take effect from the new semester in the second half of 2025.

What does the extended grace period mean?

Graduates can defer repayment for up to 2 years, with reduced interest burden during that period.

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Cho Jung-tai: Student Loan Interest Reduced, Grace Period Extended to 2 Years, to Take Effect in Second Half of Year

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Taiwan Premier Cho Jung-tai announced that student loan interest rates will be reduced from 1.775% to 0.775%, and the grace period for repayment will be extended from 1 year to 2 years, effective from the new semester in the second half of 2025. This is part of Taiwan's new 18-measure population strategy.

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Frequently Asked Questions

Q: Which schools are covered by this policy?: A: Students at senior high schools and higher education institutions (high schools, universities, graduate schools, etc.) are eligible.
Q: When will the new interest rate take effect?: A: It is scheduled to take effect from the new semester in the second half of 2025.
Q: What does the extended grace period mean?: A: Graduates can defer repayment for up to 2 years, with reduced interest burden during that period.