nellyp Posted December 18, 2005 Share Posted December 18, 2005 Can anybody advise me on school loans. My wife, who now lives in Blighty with me has a considerable education loan (up to univerity standard). we are planning to return to Thailand at some pint and are a bit worried about her loan and how it will affect us and her family . Has anybody got any info on this or know of anywhere I can get info about it Link to comment Share on other sites More sharing options...
vinny Posted December 18, 2005 Share Posted December 18, 2005 (edited) In general, if she has completed her education, then she should really pay back her loans. If she does not, then her guarantor (parents?) will have to pay them. If she pays back in full, out of Thailand loans will be calculated at the current exchange rates. She should read the conditions of her loan. It may be that her loan repayment conditions are extremely generous, implying an extensive loan subsidy. Example: Repayments are spread over 15 years following a two-year grace period, with the repayment percentage fixed at very low rates initially and rising progressively over time; repayments are in nominal terms and the rate of interest charged is only 1 per cent. Have a read: Student loans in Thailand (English Language) Edited December 18, 2005 by vinny Link to comment Share on other sites More sharing options...
Dragonman Posted December 18, 2005 Share Posted December 18, 2005 Can anybody advise me on school loans. My wife, who now lives in Blighty with me has a considerable education loan (up to univerity standard). we are planning to return to Thailand at some pint and are a bit worried about her loan and how it will affect us and her family . Has anybody got any info on this or know of anywhere I can get info about it <{POST_SNAPBACK}> Try www.studentloan.ktb.co.th. Thai language. Link to comment Share on other sites More sharing options...
dr_Pat_Pong Posted December 18, 2005 Share Posted December 18, 2005 Can anybody advise me on school loans. My wife, who now lives in Blighty with me has a considerable education loan (up to univerity standard). we are planning to return to Thailand at some pint and are a bit worried about her loan and how it will affect us and her family . Has anybody got any info on this or know of anywhere I can get info about it <{POST_SNAPBACK}> The Civil Service Commission will sell up the guarantors if they can't pay. The debt will not be forgotten. Link to comment Share on other sites More sharing options...
nellyp Posted December 24, 2005 Author Share Posted December 24, 2005 In general, if she has completed her education, then she should really pay back her loans. If she does not, then her guarantor (parents?) will have to pay them. If she pays back in full, out of Thailand loans will be calculated at the current exchange rates. She should read the conditions of her loan. It may be that her loan repayment conditions are extremely generous, implying an extensive loan subsidy. Example: Repayments are spread over 15 years following a two-year grace period, with the repayment percentage fixed at very low rates initially and rising progressively over time; repayments are in nominal terms and the rate of interest charged is only 1 per cent. Have a read: Student loans in Thailand (English Language) <{POST_SNAPBACK}> Thanks a lot the site was quite helpful. We have decided to start paying the loan as we don't want to burden her parentsi.e have their land confiscated. Any ideas about how to get the figures we need? do you think we should get in touch with the Thai embassy in Britain Link to comment Share on other sites More sharing options...
dr_Pat_Pong Posted December 24, 2005 Share Posted December 24, 2005 In general, if she has completed her education, then she should really pay back her loans. If she does not, then her guarantor (parents?) will have to pay them. If she pays back in full, out of Thailand loans will be calculated at the current exchange rates. She should read the conditions of her loan. It may be that her loan repayment conditions are extremely generous, implying an extensive loan subsidy. Example: Repayments are spread over 15 years following a two-year grace period, with the repayment percentage fixed at very low rates initially and rising progressively over time; repayments are in nominal terms and the rate of interest charged is only 1 per cent. Have a read: Student loans in Thailand (English Language) <{POST_SNAPBACK}> Thanks a lot the site was quite helpful. We have decided to start paying the loan as we don't want to burden her parentsi.e have their land confiscated. Any ideas about how to get the figures we need? do you think we should get in touch with the Thai embassy in Britain <{POST_SNAPBACK}> Contact the Education Counsellor at the Embassy. Link to comment Share on other sites More sharing options...
vinny Posted December 24, 2005 Share Posted December 24, 2005 (edited) Contact details for the Education Counsellor at the Embassy can be found at: OEA London and Officers From Office of Educational Affairs, Royal Thai Embassy, London Your wife should contact her loan provider directly to get the figures. Edited December 24, 2005 by vinny Link to comment Share on other sites More sharing options...
astral Posted December 24, 2005 Share Posted December 24, 2005 Loans need to be repaid in Thailand, just as anywhere else. Link to comment Share on other sites More sharing options...
dr_Pat_Pong Posted December 24, 2005 Share Posted December 24, 2005 For awhile the OP overlooked the problem or had a conscience failure ( abetted by the beneficiary of the Thai Government's largesse ) Link to comment Share on other sites More sharing options...
orchidexpert Posted December 24, 2005 Share Posted December 24, 2005 I was a scholarship student. I know that very well. If u got 3MilB from Gov. After educated from university and u wanna leave U must to pay 9 MilB. back to gov. But If u attend to work for Gov. As u spent time for education 5 years U must to work for Gov. 10 years.(Normally all who got scholarship must to work for) If u r not educated but u spend their money. You pay triple and became the looser in the organization Link to comment Share on other sites More sharing options...
dr_Pat_Pong Posted December 25, 2005 Share Posted December 25, 2005 Was English the language you studied ? Link to comment Share on other sites More sharing options...
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