Where Can I Get A Student Loan?

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Are you looking for financial assistance to further your studies? There are various options to get the funding you need to cover the cost of student tuition fees and covering your living expenses.

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Securing your funding will allow you to focus on studying and getting the best results you can. Research has shown that graduates will earn a lot more over their lifetime than those who don't study after school, so taking out the student loan will pay off in the long run.

The idea of a student loan may seem intimidating but researching your options will put your mind at ease and help you make an informed decision.

You can choose from a range of public and private entities. The institutions listed below could make higher education possible through their student loan and financial scheme options.

Each entity or loan agreement has its own set of terms and conditions so a thorough investigation of application requirements and loan repayment methods is necessary.

Here are some options to help finance your studies

Public Institutions


The university financial aid office is a good place to start. However you can only apply for assistance at a university once you have applied or enrolled there. Most universities offer grants to students with excellent academic or sporting ability.

Check with your university's financial aid office to find out if you qualify for their bursaries or awards.

National Research Foundation (NRF)

The NRF provides services and grants to support research and postgraduate research training that is vital to the development of South Africa.

The NRF's task is to advance research in all fields of the humanities, social and natural sciences, engineering, and technology; including indigenous knowledge, and will support researchers in these fields.

Private institutions

If you want to study at a private college or higher education institution the options above are not available - but there are other options to fund your studies.


FUNDI offers financing at all levels of study including school, university and college.

The loan offering can cover outstanding balances, registration fees and study related items such as textbooks, laptops, tablets, accommodation and other relevant study equipment.

Student loans from banks

Banks and private financial institutions are often more flexible with their qualifying criteria and are better equipped to offer personalised loan options.

For example banks are more likely to cover your studies at a private institution as well as public educational facilities. However interest rates and repayment conditions on bank loans are generally more stringent.

Make sure that you are clear on the terms and conditions before you agree to the loan.


An Absa student loan covers SETA and SAQA accredited studies that are three months or longer.

Customers are also allowed to apply for a grace period after they have finished studying if they are not yet able to afford the repayment of their loan.

Standard Bank

Standard Bank student loans are granted for a specific year of study and you will have to reapply for each year of registration.

You can use the money from your student loan to pay for your tuition fees and accommodation (if you are a full-time student not living at home).

The course and institution that you choose for your studies must be accredited by at least one of the following bodies SAQA, SETA; Umalusi; or the Department of Higher Education (DHE)


Your Nedbank student loan will cover costs for tuition fees, accommodation, books and study-related equipment.

Nedbank offers competitive interest rates and flexible repayment terms, during and after completion of studies.

There are varying options for full time, part-time or postgraduate students.


Capitec offer a range of competitive student loans for whether you are studying at a public or a private institution.


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Stacks of coins with a student graduate cap on top

Funding your tertiary education can be difficult to achieve. That is why pursuing student loans and bursaries can be helpful in ensuring that you achieve your tertiary education dreams.

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