A cabinet meeting, chaired by Chief Minister Pinarayi Vijayan here took the decision as the period of moratorium on the recovery of their loans would be over by the end of this month.
The cabinet also decided to recommend to the Governor for the early release of three woman inmates of open-jail here, who are serving life imprisonment.
The treatment expenses of three ragging victims, who allegedly faced physical harassment and torture from senior students at the government polytechnic college in Nattakom, would be met from the Chief Minister's relief fund, it said.