4 Ways South African Students Can Apply for Student Loan
There are certain credit providers in South Africa who cater for the needs of students. Your bank may provide you with a loan, and in addition there are other organisations that specialize in lending money to students. It is possible to borrow money for your studies without any deposit, and pay it back in fixed installments month by month. The money you borrow might be paid directly to the university or other institution so that you don’t need to have the extra book work each month.
Find Loans with Loanfinder
Find Loans with Loanfinder
In order to get this student loan approved, you could ask your family, employer or even a good friend to sponsor you and apply for you. Of course they themselves need to be able to meet the standard affordability criteria when applying for the loan.
Fundi formerly Eduloan
Fundi is South Africa’s leading education finance and education fund management solution specialist. We are the only credit provider that focuses on providing funds for education.
Some of our achievements since 1996:
– Assisted over 850 000 students with education funding to the collective value of R4.5 billion.
– Pioneered South Africa’s first fund administration smart card solution, now called our FUNDI card. Since then we have administered over R3-billion in bursary funds.
National Financial Aid Scheme (NSFAS)
NSFAS identifies eligible students, provides loans and bursaries and collects student loan repayments to replenish the funds available for future generations of students.
NSFAS exists to provide financial aid to qualifying students at public TVET colleges and universities.
NSFAS supports access to, and success in, higher education and training for students from poor and working class families who would otherwise not be able to afford to study.
Study Loan SA
If you are dreaming of furthering your studies and pursuing the career or promotion you’ve always wanted, we have a financial solution that could make this a reality for you.
Most people are worried about how they would pay for their studies and they get anxious thinking that they need all the money upfront. Well, no need to stress any longer. Study Loan SA has partnered up with a group of Distance Learning Colleges that offer study loans with affordable monthly payment schedules.
There are a magnitude of loan providers in South Africa including major banks. These institutions may provide personal loans including student loans for people who meets their criteria and who have means to make repayments for the money loaned.
If you, or you have someone willing to take a loan for your studies,you can Find Loans with Loanfinder as long as you qualify and can afford to repay the loan.