| China's State Student Loan Program, targeting the university students with financial difficulties, was introduced in late 1980s. After several adjustments, the"New Program"was put in practice in 2004. Both the new and former Programs have made remarkable achievements on the whole, but its executive efficiency is not without problems.This thesis gives a brief account of the relevant theories of the execution of public policies and analyses the achievements and problems of China's State Student Loan Program. It explores the main factors that affect the executive efficiency of China's State Student Loan Program, which includes the Program itself, the executive body, student loanees and the social environment. From the point of view of the Program itself, the imperfections and contents of the Program plays a decisive role in the execution of the Program. Once the Program is established, the executive body, that is, the executive organizations and personnel of the Program will also affect its executive efficiency. The targeted population——the student loanees will also play a crucial role in the enforcement of the program. The social environments consist of economic, political and cultural factors and so on, which altogether can affect the executive efficiency of the Program.In order to improve the executive efficiency of China's State Student Loan Program, the following constructive measures are proposed: consummate the system of China's State Student Loan Program and reduce the loss of policy efficiency; reform and perfect the administration system of China's State Student Loan Program, improve its operating efficiency; clarify government's responsibilities for the execution of the Program according to the laws concerned and strengthen the rigidity of its policies; arouse the enthusiasm of banks and perfect the responsibility restraint and the system of reducing risks; strengthen the moral construction and perfect the honesty and credit system of the whole society.
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