Bangkok: The government is issuing a stern warning to over 100,000 student loan borrowers, emphasizing the need to clear their debts promptly or face legal actions. These borrowers, who had been ordered by the court to settle their loans, are urged to either repay the outstanding amounts displayed on the SLF Connect app or arrange for debt restructuring online by December 2025. Failure to comply could lead to legal enforcement measures, including the seizure or attachment of assets belonging to the borrowers or their guarantors.

According to Thai News Agency, Ms. Airin Phanrit, Deputy Spokesperson for the Prime Minister’s Office, disclosed that the Student Loan Fund (SLF) initiated lawsuits against those who defaulted on loan repayments in 2016. The court subsequently ruled that over 100,000 borrowers are required to repay the debt. Despite this, some individuals within this group have not fully complied with the court’s judgment.

Ms. Airin stated that the SLF had previously communicated with borrowers and guarantors through letters and phone calls, consistently adhering to debt collection protocols. Nonetheless, a significant number of borrowers failed to meet their repayment obligations or contact the SLF. After nine years, the SLF finds it imperative to enforce legal actions and is preparing to issue enforcement orders against these defaulters.

Ms. Airin emphasized, ‘If borrowers wish to avoid the Student Loan Fund’s legal enforcement measures, such as asset seizure or attachment, they must settle their debts as indicated in the Student Loan Fund Connect app. Alternatively, borrowers unable to repay in full according to the court judgment can opt for an online debt restructuring agreement at www.studentloan.or.th by December 2025. It is crucial for borrowers to resume debt repayment as student loans are financed by the national budget, sourced from taxpayers’ money, and are essential in providing educational opportunities for future generations.’