Government Student Loan Programs
The Ministry of University Affairs has arranged loan programs for Shinawatra University, which will help students to pay for their tuition, fees and personal expenses. For those students who are already signed up for any other loan programs they also have the right in applying for government loans. Students who are interested to apply for government loan program must contact the Office of Registration and Student Affairs are as follows:
The loan amount
Eligibility for the loan program
Qualifications of becoming a guarantor for loans
Required documents
Stages for applying the loans
The loan disapproval
The loan revocation
Each person is eligible for the amount not exceeding 100,000 Baht/ year which are shown as follows:
| Items | Baht / year |
| Registration expenses | 46,000.00 |
| Books expenses | 6,000.00 |
| Accommodation expenses | 18,000.00 |
| Personal expenses | 30,000.00 |
| Total amount | 100,000.00 |
The loan committee will provide the loan best for each student.
Eligibility for the loan program.
1. Thai nationality
2. The combined income of the borrower’s father, mother and the student should not exceed 150,000 Baht per year and including the previous borrower the total income of the family shouldn’t exceed 300,000 Baht per year starting from the year of borrowing. The loan committee will consider the status by the following:
2.1. The combined income of the borrower’s father, mother and the student In case the parents of the student are the legal guardian.
2.2. In case the student is under the care of a guardian, the guardian’s income should be considered instead
3. The borrower has no previous bachelors degree
4. The borrower is not working full-time during studying
5. The borrower is not the person who is bankrupt.
6. The borrower has never convicted for crime or sentenced to imprisonment.
7. The borrower must acquire a G.P.A of not less than 2.00 or 60 %. The borrower possess good behavior and never breaches the rules or the regulations of the University.
8. The borrower posses good behavior and never breaches the rules or the regulations of the University.
9. The borrower holds the qualifications under regulations set by the University and the Ministry of University Affairs.
Qualifications of becoming a guarantor for loans
1. Government officers with level 5 or equivalent
2. A school or college administrator
3. A local village officer who is at least a village headman
- A copy of picture (2 X 2) inches
- A copy of identity card of parents or guarantor
- A copy of the house registration
- A copy of marriage certificate of parents
- A copy of the divorce certificate in case of the parents are divorced
- A copy of grades (not less than 2.00 or 60%)
- Documents certifying the family income (documents from the employment department concerning or certifying the monthly salary in case of parents are government officials or working in a company)
- A copy of identity card of the parent who is certifying the income
- A copy of previous loan agreement of pervious user
- Copy of savings account at KrungThai Bank “Loans for study purpose project” (incase of pervious user)
1. Apply the petition for loans in the Office of Registration and Student Affairs
2. The university will print the names of the person and send acknowledgement letters as to who receives loan approval, then they have to go to open a savings account with the KrungThai bank with the proper documents
3. Open a savings account with KrungThai Bank. Documents to submit:
3.1. Copy of University loan approval document
3.2. Copy of identity card
3.3. Copy of house registration
3.4. Copy of student University ID card.
4. Methods of filing information for opening a savings account in the KrungThai Bank Public Company Limited.
4.1. Fill out application of savings account in the name of the student only (no need to deposit any money)
4.2. In case of using the ATM card, the bank will not charge any amount (for only 1st ATM card) the bank will charge the yearly service payments but students should have minimum balance of 100 Baht in the savings account.
5. Receive the savings book printed with “Educational Loans Project”.
6. The University will inform the student about the proper date and time for signing the loan agreement. The students will have to bring the guarantor (father/mother/sponsor) on the date of signing the agreement also the following documents:
6.1. Copy of Bank Statement of KrungThai “Educational Loans Project”. (incase of pervious user)
6.2. Copy of the identity card of the student and his/her parents
6.3. Copy of the house registration of the student and the guarantor (husband and wife)
6.4. Copy of marriage certificate
6.5. Copy of altering first name or family name (if applicable)
7. Student can withdrawal the money for personal expenses or living expenses on his/ her birthday. If the student’s birthday is on different month, the bank will transfer the money within 60 days after the completion of the loan agreement
The borrower will be opened loans for the following reasons:
1. The borrower is not qualified for loans
2. The borrower has no right to borrow or has made significantly false statements.
3. The borrower doesn’t follow the rules or the loan agreement.
The loan will be revoked if it is subsequently established that:
1. The borrower has no right to borrow or has made significantly false statements.
2. The family income exceeds more than that of stated.
3. If the borrower is kept in a probation period for 3 consecutive semesters.
4. The borrower acts contrary to the provision of the contract or agreement with the Education Loans Fund.