Thailand Student Loan Fund: Payroll-Based Repayment Deductions Introduced

Emory Views: 11 2026-03-25 17:27:01 Comments: 0

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New Measures for Thailand’s Student Loan Fund: Payroll Systems to Be Used for Repayment Deductions

“Thailand’s Student Loan Fund (SLF) will begin deducting loan repayments directly from employees’ salaries.”

Today, we would like to explain a recent development that many companies are starting to encounter:
The Student Loan Fund (SLF) will now collect loan repayments by deducting amounts directly through employers’ payroll systems.

According to official announcements, there are currently over 120,000 borrowers employed across more than 80,000 companies and organizations. Relevant employers have begun receiving formal notification letters requesting their cooperation in deducting repayment amounts from employees’ salaries and remitting the funds to the Student Loan Fund

When Will Payroll Deductions Begin?

According to the implementation plan of Thailand’s Student Loan Fund (SLF):Payroll deduction measures are scheduled to be officially implemented starting from March 2569 B.E. (March 2026).

How Should Employers Cooperate?

This means that if employees are borrowers under the Student Loan Fund, employers may be required to:

Deduct loan repayment amounts directly from employees’ salaries
Remit the deducted amounts to the Student Loan Fund through the designated system

What Are Employers Required to Do?

Support Measures for Employers
For employers who have received notification letters, the Student Loan Fund (SLF) will:

Organize online briefing sessions
Provide guidance on the payroll deduction process and procedures
Assist employers in properly implementing the required steps

System Requirements
Employers are required to submit relevant information through the electronic payment system (e-PaySLF).

How to Register for the Briefing
Employers can register for the online sessions via the following website:
“www.studentloan.or.th”
Companies may select a convenient session date based on their availability.
Further Inquiries：
For additional information, employers may also contact the official LINE account:“กยศ.องค์กรนายจ้าง

What Happens If the Borrower Still Fails to Repay?

At present, a significant number of borrowers have not fulfilled their repayment obligations in accordance with their contracts or court judgments.

According to the Student Loan Fund (SLF):

In 2569 B.E. (2026), if borrowers continue to default on their repayment obligations, the Fund may:

Initiate legal proceedings against more than 100,000 borrowers
Continue to pursue enforcement through the relevant legal channels

Summary

The main impact of this policy on employers is that if a company’s employees are borrowers under the Student Loan Fund (SLF), the employer may be required to deduct loan repayments directly from employees’ salaries and remit the amounts to the Fund through the e-PaySLF system, while also submitting the required employee information and deduction records in accordance with regulations.

Relevant companies will also need to participate in briefing sessions organized by the Fund to understand the specific procedures. As a result, the company’s HR, payroll, and accounting departments may need to incorporate additional deduction and reporting processes into their payroll systems and salary payment workflows.

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Disclaimer

TMA Consulting Management has been paying attention to the updating of information through newsletters for many years, but we do not assume any responsibility for the completeness, correctness or quality of the information provided. No information contained in this article can replace the personal consultation provided by a qualified lawyer. Therefore, we do not assume any liability for damages caused by the use or non-use of any information in this article (including any kind of incomplete or incorrect information that may exist), unless it is caused intentionally or by gross negligence.