MANATI Offers Alternate Student Funding To Help Pay Your Fees


Please share this article

Advertisement


Many people in South Africa aspire to graduate from tertiary education institutions with their dream qualifications, setting them up for a successful life. However, the high costs associated with studying prevent many from fulfilling this aspiration.
 


Advertisement i


Manati Alternate Student Funding is a student funding organisation providing innovative funding solutions for prospective students who wish to study at higher education institutions across South Africa but are unable to do so due to financial constraints or the inability to secure financing.

Their vision is to propel prospective students with high potential into becoming highly employable members of the workforce. They achieve this by offering individually assessed student loans based on a student's past performance and future employment prospects.

Additionally, they provide support to students in integrating into suitable workplaces and aim to help shape them into future mentors who will strengthen the upcoming generation.

Riaan, the CEO of Manati, explains that the funding model includes repayments that commence from the beginning but are spread over a longer period to make it more affordable for students. He further emphasises the importance of students taking their studies seriously and not viewing the funding as a freebie, as a student's responsibility to repay the student loan increases their likelihood of completing their studies successfully.

Through unique partnerships with universities, colleges, corporations, and the government, Manati can offer low-interest study loans, enabling the vast majority of students who would otherwise be unable to afford or secure funding to pursue further education.

Manati's ultimate goal is to nurture a generation of intelligent and skilled young South Africans, enabling them to access the education needed to become integrated, skilled professionals who can make a significant contribution to society.

Manati assesses the qualifications students are pursuing and the institutions they are attending, ensuring the likelihood of securing employment upon graduation. They aim to avoid funding qualifications that may not lead to employment, as this could burden students with debt.

Benefits of Manati Funding

Students receiving funding through Manati enjoy fixed instalments during their studies and benefit from low-interest rates on their loans.

Manati also believes that institutions directly benefit from their funding model. Student loans provide institutions access to students from an untapped market who would not have pursued education without the loans. 

Furthermore, institutions experience reduced dropout rates, as students are more likely to complete their studies when they have a financial stake in repaying the Manati loan.

Suggested Article:

unisa

Unisa students experience University in a way other Universities do due to them being a distance University. The question we could then ask is, how much do Unisa students get from NSFAS in terms of allowances?






Online Shopping Links

Takealot - Temu - Amazon - Shein




Advertisement


WhatsApp Channel

Sponsored Ad

Advertisement

Advertisement

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.

Advertisement


Where to Study


Advertisement m


Other Articles

Do you still have hopes of studying further in 2024? Well fortunately applications have opened at Tshwane South TVET College for their second semester! 


Advertisement


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.


Advertisement


Careers Advice

For those on the job hunt, your CV is more than just a document. It represents a ticket to your next career milestone.


Advertisement i