{"id":75200,"date":"2024-08-02T13:42:34","date_gmt":"2024-08-02T08:12:34","guid":{"rendered":"https:\/\/www.seminarsonly.com\/news\/?p=75200"},"modified":"2024-08-02T13:42:34","modified_gmt":"2024-08-02T08:12:34","slug":"https-wsa-dsl-studentloan-or-th-digital-student-loan-fund","status":"publish","type":"post","link":"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/","title":{"rendered":"https wsa dsl studentloan or th Digital Student Loan Fund"},"content":{"rendered":"

https wsa dsl studentloan or th Digital Student Loan Fund<\/span><\/h1>\n

The Student Loan Fund (SLF) in Thailand is a government initiative established in 1996 to provide financial assistance to students pursuing higher education. <\/em><\/strong><\/p>\n

It aims to promote greater access to education, leading to a better quality of life and more equity in society.<\/p>\n

Digital Student Loan Fund<\/span><\/h2>\n

Loans will be capped at 50,000 baht per borrower, with a target of 2,000 people.<\/p>\n

The average monthly installment for a two-year loan with a principal amount of 50,000 baht is 2,000 baht.<\/p>\n

The revised SLF statute brought down the late payment penalty from 7.5% per annum to 0.5 percent, but the interest rate on loans remains at 1%, the lowest in the country’s banking sector.<\/p>\n

Six and a half million students have benefited from the fund’s 700 billion baht in loans.<\/p>\n

With 350,000 borrowers, the total amount of outstanding loans is 350 billion baht.<\/p>\n

Some borrowers, however, have not paid back their loans by the specified date, and this represents over 30% of the total amount owed (90 billion baht).<\/p>\n

The fund raised the loan cap for the 2023\u20132024 school year by 13%, from 40.7 billion to 46.1 billion baht, to accommodate the higher demand for student loans. The number of students receiving loans increased by 117,000 to 760,000.<\/p>\n

There was a total of 25.7 billion baht owed as of September 12, 2023.<\/p>\n

Recent developments in the SLF:<\/span><\/h2>\n

1. Expansion to non-formal education:<\/strong> The SLF will be available to all working-age adults (18-65 years old) for upskilling and reskilling in non-formal educational institutions by the end of 2024. This is a significant shift from its previous focus on formal education.<\/p>\n

2. Increased loan limit:<\/strong> The maximum loan amount for students pursuing short courses (less than 150 hours) in non-formal institutions has been increased to 50,000 baht per borrower.<\/p>\n

3. Reduced penalties:<\/strong> The fine for late payments has been reduced from 7.5% annually to 0.5%, making it more manageable for borrowers facing financial difficulties.<\/p>\n

\"Student<\/p>\n

You can find more information about the SLF in the following resources:<\/span><\/h2>\n

1. The Student Loan Fund and the Education for All in Thailand:<\/strong> https:\/\/www.igi-global.com\/chapter\/the-student-loan-fund-and-the-education-for-all-in-thailand\/296417<\/a><\/p>\n

2. Student Loan Fund available for all adults:<\/strong> https:\/\/www.bangkokpost.com\/business\/general\/2650427\/student-loan-fund-available-for-all-adults<\/a><\/p>\n

Important Note:<\/strong> The SLF is a government-run program in Thailand, and there doesn’t appear to be a specific “Digital Student Loan Fund” in the country at this time. The resources above should provide the most relevant and up-to-date information on student loans in Thailand.<\/p>\n","protected":false},"excerpt":{"rendered":"

https wsa dsl studentloan or th Digital Student Loan Fund The Student Loan Fund (SLF) in Thailand is a government initiative established in 1996 to provide financial assistance to students…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-75200","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nhttps wsa dsl studentloan or th Digital Student Loan Fund - Seminarsonly.com<\/title>\n<meta name=\"description\" content=\"The Student Loan Fund (SLF) in Thailand is a government initiative established in 1996 to provide financial assistance to students pursuing higher education.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"https wsa dsl studentloan or th Digital Student Loan Fund\" \/>\n<meta property=\"og:description\" content=\"The Student Loan Fund (SLF) in Thailand is a government initiative established in 1996 to provide financial assistance to students pursuing higher education.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"Seminarsonly.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/seminarsonly\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-02T08:12:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.seminarsonly.com\/news\/wp-content\/uploads\/2024\/08\/Student-Loan-Fund.jpg\" \/>\n<meta name=\"author\" content=\"Freddy John\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@seminarsonly\" \/>\n<meta name=\"twitter:site\" content=\"@seminarsonly\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Freddy John\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/\"},\"author\":{\"name\":\"Freddy John\",\"@id\":\"https:\/\/seminarsonly.com\/news\/#\/schema\/person\/75cf706896b7210fb0a84651adc258bd\"},\"headline\":\"https wsa dsl studentloan or th Digital Student Loan Fund\",\"datePublished\":\"2024-08-02T08:12:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/\"},\"wordCount\":401,\"image\":{\"@id\":\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.seminarsonly.com\/news\/wp-content\/uploads\/2024\/08\/Student-Loan-Fund.jpg\",\"articleSection\":[\"news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/\",\"url\":\"https:\/\/seminarsonly.com\/news\/https-wsa-dsl-studentloan-or-th-digital-student-loan-fund\/\",\"name\":\"https wsa dsl studentloan or th Digital Student Loan Fund - 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