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Bangkok Post – Student Loan Fund short B19bn

The Student Loan Fund (SLF) needs to request state support worth 19 billion baht for lending to students in fiscal 2025, marking the first such request since 2018.

Finance permanent secretary Lavaron Sangsnit said the funds are needed because of relatively low debt repayment and amendments to the fund’s regulations last year that reduced the default charge from 7.5% to 0.5% a year.

In addition, the debt repayment order was adjusted, he said.

Previously when borrowers had outstanding debts, repayments were prioritised according to default charges first, followed by overdue interest, then loan principal.

Under the new debt repayment order, debt payment must go towards loan principal first, followed by…

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