Banks That Offer Student Loans in South Africa

Please share this article


If you do not qualify for bursaries or you're having a hard time finding a scholarship to fund your studies, don't give up just yet. South Africa has a wide variety of banks that are more than willing to assist you with a student loan.


It's not always easy to find bursaries and scholarships these days. They might not fund your specific qualification or you might be short of satisfying all the requirements to qualify for the bursary. 

But don't stress, there are many banks that offer loans to students, regardless of the type of qualification you're going for. So not receiving a bursary or a scholarship does not mean your academic dreams are over.

What is a student loan?

A student loan is a sum of money that you can apply for through a bank to fund your studies.

In most cases, the loan covers all study related expenses such as tuition, books, equipment, student accommodation, and meals.

The loan is typically paid back during or after you finish studying and have fair interest rates, fees and repayment schedules compared to others types of loans.

The following banks offer student loans:

  • FNB
  • ABSA
  • Nedbank
  • Investec
  • Standard Bank
  • Capitec

The standard requirement when applying for a student loan is: 

  • You must be over the age of 18
  • The principle debtor (typically a parent or guardian who signs surety on the loan for you) must earn a certain amount per month
  • You must be registered as a student with a tertiary institution in South Africa

So if you wish to study further and meet the requirements above, then get applying. 

Online Shopping Links

Takealot - Temu - Amazon - Shein


WhatsApp Channel

Sponsored Ad



Google News

Post-Matric Options


After completing your matric certificate exams, you are faced with a lot of post-matric options that can shape your future paths.

These options range from pursuing higher education at universities or colleges, entering vocational training programs, joining the workforce, or even starting your own business. There are so many choices but we are here to help.


Where to Study

Advertisement m

Other Articles

If you're looking to advance your education and career prospects, Sekhukhune TVET College offers a wide range of courses designed to equip you with the skills and knowledge needed in today's job market. Here's a closer look at what you can study at Sekhukhune TVET College.


Latest SASSA articles

Millions of people have applied for the SRD grant. However, some people who applied for the R370 Sassa grant will be required to complete the Sassa facial recognition process. 

Conducting a SRD grant status check informs applicants if and when they will receive an SRD grant payment. Here's how to check your Sassa SRD grant payment status.


Careers Advice

Schools of Skills focus on providing practical and vocational training to help students develop skills that can lead to employment opportunities or further vocational education.

Advertisement i