China student aid development report 2017

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4.2 National student loans for college and university students totaling 28.42 billion yuan, up 7.97 percent from the previous year

National student loans in 2017 for higher education reached 28.42 billion yuan, an increase of 2.1 billion yuan, or up 7.97 percent, from the previous year.

The loans are an important part of subsidies for students in higher education, making up 15.1 percent of the total funding and 27.05 percent of the sum of subsidies for colleges and universities.

4.3 School subsidies of over 25 billion yuan, up 17.53 percent from the previous year

In 2017, about 25.76 billion yuan in subsidies came from school revenues, an increase of 3.84 billion yuan, up 17.53 percent from the previous year, accounting for 13.69 percent of the total funding.

4.4 Social funds totaling nearly 13 billion yuan

In 2017, donations from enterprises, institutions, social groups, and individuals amounted to nearly 12.97 billion yuan, an increase of 3.26 billion yuan, up 33.52 percent from the previous year, accounting for 6.89 percent of the total funding.

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