Bangkok: The government is urging over 100,000 student loan borrowers to promptly repay and close their accounts according to the outstanding balance shown in the Student Loan Fund Connect app. The government has emphasized the urgency for borrowers to either repay their loans or restructure their debt online by December 2025 to avoid legal action.

According to Thai News Agency, Ms. Airin Phanrit, Deputy Spokesperson for the Prime Minister’s Office, has disclosed that the Student Loan Fund (SLF) initiated lawsuits against borrowers who defaulted on their loans back in 2016. The court has mandated that over 100,000 borrowers must settle their debts. However, many borrowers have yet to comply fully with the court’s decision.

Ms. Airin highlighted that the SLF has previously reached out to borrowers and guarantors through letters and phone calls, consistently adhering to debt collection protocols. Despite these efforts, the borrowers have not repaid their debts as per the court ruling, nor have they contacted the SLF. After nine years, the SLF is now compelled to take legal action and is preparing to enforce the court’s orders against this group of borrowers.

Ms. Airin stressed that borrowers who wish to avoid legal enforcement measures, such as asset seizures or attachments, must settle their debts in full as indicated in the Student Loan Fund Connect app. Alternatively, borrowers who are unable to pay the full amount can opt for an online debt restructuring agreement at www.studentloan.or.th by December 2025. She urged borrowers to continue repaying their loans, emphasizing that student loans are funded by the national budget, sourced from taxpayers’ money, and are essential for providing educational opportunities to future generations.