Bt2bn student loans approved

TUESDAY, APRIL 29, 2014
Bt2bn student loans approved

The Cabinet on Tuesday approved the student loan amount of Bt2.118 billion for the 2014 education year.

While Bt710 million will be extended to existing borrowers, the remaining Bt1.4 billion will be reserved for some 112,500 new borrowers, said Caretaker Education Minister Chaturon Chaisang. 
The ministry earlier estimated that 204,000 students would seek a total of Bt3.6 billion from the loan scheme. 
Chaturon said that the ministry would discuss with the Finance Ministry over additional funds, if more students turn up for such loans.