The Student Loan Fund (SLF) informs approximately 200,000 borrowers to prepare for their first loan repayment installment on 5 July 2026. Those who fully settle their accounts will receive a 3% discount on the principal.
On 26 May 2026, the Student Loan Fund (SLF) announced that it has sent debt notification letters to about 200,000 borrowers whose first repayment installment is due on 5 July 2026. The letters include debt amounts and remaining balances, along with an annual repayment schedule spanning 15 years, from year 1 through year 15. This is to ensure borrowers clearly understand their obligations and can plan their finances accordingly. The SLF charges interest at only 1% per year.
Additionally, the SLF offers borrowers the flexibility to choose their repayment method according to convenience. They may pay annually or make partial payments to meet the amounts due in the annual repayment schedule. The SLF requests that borrowers prepare to make their payments by the due date of 5 July 2026.
Moreover, the SLF provides a benefit of a 3% principal discount for borrowers who fully settle their loans. Borrowers can check their outstanding balances through the SLF Connect application and schedule full settlement payments via the SLF Call Center at 0 2016 4888. After payment, borrowers are advised to keep their payment receipts for future reference.