What Are Student Loan Requirements at Nedbank?


Please share this article

Advertisement


Nedbank student loans have helped keep university students in need of financial aid afloat for some time now. Nevertheless, to achieve the opportunity of benefitting from this loan scheme, there are a number of requirements to be met.


Advertisement i


Like all loan offers, there are always a set of criteria that the loan applicant will have to meet to be considered for the loan. These requirements set out to measure the applicant’s eligibility for the loan by measuring their financial circumstances as well as their ability to repay the loan with interest.

The minimum entry criteria for a Nedbank loan are as follows:

  • Applicant must be a South African citizen
  • Applicant must have been accepted to a recognised tertiary institution
  • Surety must have a Nedbank transactional account
  • Surety must have a good credit record

The following will need to be attached in accompaniment with the applicant’s Nedbank student loan application:

  • Student’s latest exam results 
  • Proof of registration at a tertiary institution recognised by the South African Qualifications Authority (SAQA)
  • An invoice for university fees, textbooks and university-accredited or campus accommodation
  • A Nedbank Unlocked.Me account

The guarantor or surety who would be left in charge of repaying the loan will need the following:

  • A Nedbank transactional account as their main account
  • A valid South African ID
  • Their latest payslip
  • Three months’ bank statement if they don’t bank with Nedbank

To learn more about this loan option and to access the application form, click here.

 

Suggested Article:

Student after receiving Nedbank student loan

The cost of tertiary education can prevent event the brightest minds from obtaining a qualification. Several options are available to students who require funding to pay university and college fees.

 






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

You can now apply at South West TVET College to study in 2024 for Trimester 3. South West Gauteng TVET College provides a valuable opportunity to gain practical skills and qualifications that can propel your career forward. 


Advertisement


Latest SASSA articles

The SRD grant serves as a vital support mechanism for financially vulnerable people living in South Africa. The agency responsible for paying the grant has revealed how beneficiaries can access their grant payment date. 

Conducting an SRD grant status check will let you know if and when you will receive an SRD grant payment. Here's how to check your Sassa status on the SRD grant.


Advertisement


Careers Advice

In the competitive landscape of today's job market, standing out from the crowd is more crucial than ever. Whether you're applying for your first job, aiming for a promotion, or seeking a career change, your personal statement can be the key that unlocks new opportunities. 


Advertisement i