How To Submit A Standard Bank Student Loan Application


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Standard Bank is among many financial institutions that offer student loans, whether you are studying full-time or part-time. Here are a few things you should know about submitting a Standard Bank student loan.

 

It is important that you check whether you qualify or not for the student loan before applying. You will easily find out once you have filled in the online quote by completing the form.

In this form, applicants are required to fill in their personal details, qualification-related information, and the amount needed for their studies (tuition fees, accommodation, study equipment/textbooks)

Once the student loan application has been pre-approved, please follow these steps in order to complete the process:

  1. Get your documents ready - these include course-related documents (acceptance letter, proof of registration of National Senior Certificate final results if you are in matric) and personal (FICA) documents.
  2. Go to your nearest Standard Bank branch once you have managed to gather all of your documents for a consultant to help you with the final stage of your application.

Applicants are advised to visit a Standard Bank branch within 7 days if they applied via “Do I Qualify?”. After completing the application process, the applicant ought to wait for a response from the bank.

According to Standard Bank, tuition fees and accommodation fees are paid to relevant parties such as the institution of higher learning and the landlord. However,  textbooks and equipment are paid directly into the surety’s transactional account or into the account of the student if they are self-assured.

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Graduation Cap

If you are looking to pursue further studies at University or College this coming year, a student loan at Standard Bank may be worth considering. Here is what you need in order to qualify for their student loan.






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Post-Matric Options

 

We helped you with past papers for your matric exams, so hopefully you are happy with your Matric results. So now you are faced with a lot of post-matric options that can shape your future paths. You might want to study law, teaching, or nursing. Of course studying is expensive so we have helpful advice about student loans, NSFAS bursaries, Fundi loans, ISFAP, and lots of other funding options.

These options range from pursuing higher education at universities , TVET Colleges or  private colleges, finding student accommodation, entering vocational training programs (like Learnerships and internships), joining the workforce, or even starting your own business. There are so many choices but we are here to help.

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