The Legal Execution Department has

The Legal Execution Department has confiscated 49 million baht worth of assets from 1,020 students who failed to repay loans to the government-run Student Loan Fund.

Khwanrapee Julapimpun, deputy director-general of the department, said on Thursday the agency made the confiscations in line with court orders. The management of the Student Loan Fund led officials of the department to the assets to be confiscated.

The assets belonged to either defaulting students, their guarantors or parents and included land plots, residences and vehicles, she said.

From 2005 to 2015, the court ordered legal execution on 26,149 defaulting students who owed 3.25 billion baht. Of them, about 400 students with outstanding balances of 46 million baht entered reconciliation, Mrs Khwanrapee said.

The Legal Execution Department and the Student Loan Fund will organise reconciliation efforts from October to December this year, she said.

The Student Fund Loan started to lend to students at high school and university levels in 1996 to expand educational opportunities and support national development.

Borrowers have a two-year grace period after they graduate. Then they must begin repayment of their loan, which carries a 1% interest rate, and are required to completely repay the debt in 15 years.

Last year, the Student Loan Fund’s overdue debts stood at 38 billion baht, or 53% of the 72 billion baht in loans granted to more than 4 million students since 1996.

The repaid money is re-lent to younger students in need.

ผลลัพธ์ (อังกฤษ) 2:

The Legal Execution Department has confiscated 49 million Baht Worth of Assets from 1,020 students Who failed to Repay loans to the Government-Run Student Loan Fund. Khwanrapee Julapimpun, Deputy Director-general of the Department, said on Thursday the Agency Made the confiscations in line. with court orders. The Management of the Student Loan Fund LED Officials of the Department to the Assets to be confiscated. The Assets belonged to either defaulting students, their Guarantors or parents and included Land plots, Residences and vehicles, She said. From 2,005th to 2,015, the Court. ordered legal execution on 26,149 defaulting students who owed ​​3.25 billion baht. Of them, About 400 students with outstanding balances of 46 million Baht entered Reconciliation, Mrs Khwanrapee said. The Legal Execution Department and the Student Loan Fund Will Organise Reconciliation efforts from October to December this year, She said. The Student Fund Loan Started to Lend. to students at High school and University levels to Expand Educational opportunities in 1996th National Development and Support. Borrowers have a Two-year period after they Graduate Grace. Then they must BEGIN Repayment of their loan, which carries a 1% interest rate, and are required to completely Repay the debt in 15 years. Last year, the Student Loan Fund's overdue debts stood at 38 billion Baht, or 53% of the 72. Baht billion in loans granted to more than 4 million students since 1996. The re-lent is repaid Money to younger students in Need.

ผลลัพธ์ (อังกฤษ) 3:

The Legal Execution Department has confiscated 49 million baht worth of assets from 1 020 students, who failed to repay. Loans to the government-run Student Loan Fund.

, Khwanrapee Julapimpun Deputy Director-General of the Department said on,, Thursday the agency made the confiscations in line with court orders.The management of the Student Loan Fund led officials of the Department to the assets to be confiscated.

The assets belonged. To either defaulting students their guarantors, or parents and included land plots residences vehicles she, and, said.

From 2005, to 2015 the. Court ordered legal execution, on 26 149 defaulting students who owed 3.25 billion baht, Of them.About 400 students with outstanding balances of 46 million baht entered reconciliation Mrs Khwanrapee, said.

The Legal. Execution Department and the Student Loan Fund will organise reconciliation efforts from October to December, this year. She said.

.The Student Fund Loan started to lend to students at high school and university levels in 1996 to expand educational opportunities. And support national development.

Borrowers have a two-year grace period after they graduate. Then they must begin repayment. Of, their loan which carries a 1%, interest rate and are required to completely repay the debt in 15 years.

, Last yearThe Student Loan Fund 's overdue debts stood at 38, billion baht or 53% of the 72 billion baht in loans granted to more. Than 4 million students since 1996.

The repaid money is re-lent to younger students in need.
.