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What should I do if I transfer, suspend, or withdraw from school before the grace period ends? Can the grace period be extended if I resume studies after suspension before the grace period ends?

(1) If the applicant withdraws, suspends, or stops technical training before the grace period ends, they must notify the lending bank within three months. The grace period ends six months after the withdrawal or suspension date, but no later than the original grace period. The interest subsidy from the Department for Youth ends when the grace period ends, and the principal and interest must be repaid monthly according to the annuity method.
(2) If the applicant transfers to a school not recognized by the Ministry of Education, the same procedures apply.
(3) If the applicant resumes studies before the grace period ends, they can apply to the lending bank with relevant proof. Upon approval, they can continue to enjoy the grace period, but it must not exceed the original grace period from the application date.
(4) If the applicant changes domicile, school, or changes contact information, they must notify the lending bank.