Bangkok: The Student Loan Fund (SLF) is notifying approximately 200,000 borrowers that their first debt repayment installment is due on July 5, 2026. Borrowers who fulfill their loan obligations by repaying the entire amount in full will benefit from a 3% reduction in the principal.
According to Thai News Agency, the SLF has dispatched debt notification letters to these borrowers, providing detailed information about their outstanding balance and a structured 15-year repayment plan. This plan is designed to offer clarity and assist borrowers in managing their financial obligations effectively. The loans carry an interest rate of 1% per year, and the SLF offers repayment flexibility, allowing for either annual payments or staggered repayments aligned with the annual schedule.
Additionally, the SLF emphasizes the benefit of a 3% principal discount for borrowers who settle their debt completely. Borrowers are encouraged to verify their outstanding debt through the SLF Connect application and can arrange a full repayment appointment via the SLF Call Center at 0 2016 4888. It is advised that borrowers retain their payment receipts for future reference. The SLF acknowledges the contributions of senior borrowers who have completed their repayments, underscoring the importance of these repayments in sustaining the fund and enhancing educational opportunities for future students.