There are a number of different banks and organizations which offer educational loans to students. These loans cover the expenses of registration fees and tuition costs.
These organizations include:
- Fundi
- Absa
- Standard Bank
- FNB
- Capitec
- Nedbank
How To Submit Your Student Loan Online Application:
Fundi:
- Visit the Fundi website (this link will take you to the home page).
- Click Menu & select 'Education Funding'. This will be under the 'Financial Solutions' category.
- Choose the type of loan that you want (You can choose between private education or tertiary education).
- Click ‘Apply now’ once you have made your choice.
- You will then have to register to create your account.
- Follow the instructions to fill in all of your details.
For more information on Fundi, click here.
Absa Bank:
Applications for the student loan can be done in either of the following ways:
- At any Absa branch, where a consultant will assist you in completing the application.
- On the Absa student bureau.
- By calling Absa on 086 010 0372, a consultant will assist you telephonically.
Should you have any further questions or queries you can visit the nearest Absa branch.
Standard Bank:
- Visit the Standard Bank website.
- Fill out an online quote to find out if you qualify for funding.
Once the student loan application has been pre-approved, please follow these steps in order to complete the process:
- 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.
- 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.
FNB Bank:
- Click on the FNB student loan application link.
- Enter your ID number and contact number.
- Click on continue.
- Read the FirstRand Relationship Agreement and accept.
- Click on continue.
- Enter your personal information, including your annual gross income, main sources of income, additional income, highest level of education, etc.
- Click on continue.
- Create login details.
Related Article: How To Register For FNB Online Banking
Capitec Bank:
Each institution has its own application process. However, each institution provides the student with an estimation of their loan as a way to determine whether the student qualifies for application.
These institutions include:
- Stadio
- Milpark Education
- AFDA
- Boston City Campus
- Stellenbosch University
- University of Stellenbosch Business School
- Johannesburg Business School
- Henley Business School
Before students are given the go-ahead to apply, they will need to check if they qualify for the loan. If the student qualifies for the loan, a Capitec consultant will reach out within 48 hours to help them complete their application.
Click here for more information.
Nedbank:
- Click here to visit the Nedbank website.
- Download the application form from the website.
- Complete the form and submit it via the website or to the nearest branch.