Does Fundi Offer Student Bursaries?


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How exciting it is to start planning for your future or your children’s future. However, this excitement may be overshadowed by not knowing how to afford the long list of things you or your child need to pursue an education. Here's what you need to know about whether or not Fundi offers bursaries.


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Is There Such A Thing As A Fundi Bursary?

Since its establishment as a private student loan provider, Fundi has assisted an extensive number of families in South Africa to persue their educational aspirations.

The good thing about their loans is that they cover undergraduate studies as well as postgraduate courses and MBAs.

With this loan, you can also fund one or two small courses that may help you advance your career or studies. Fundi student loans will enable you to cover all the expenses related to your studies.

The straight answer to the question is no, Fundi does not offer bursaries, as it only gives out loans to students to help advance their careers.

To qualify for funding from Fundi, you must be:

  • A South African resident with your ID and proof of residence.
  • Permanently employed or have a parent who is permanently employed and provide proof of income from the employer and your bank statement.
  • You must be in good standing in terms of your credit profile, as you will not qualify if you are under credit or debt review. This is so that Fundi can see you are able to repay the loan.

Fundi aims to make loans more accessible and affordable for students. They do not require you to pay collateral and repayments are deducted from your salary or can be paid through debit orders.

If you want to learn more about how fundi loans work you can visit their website.

More About Fundi Student Loans

 

Suggested Article:

Fundi student

Many South Africans would like to study and further their education, but most of the time they don't have the financial means to do so. Student loans can help students to gain access to tertiary education institutes. A popular company that offers student loans is Fundi.






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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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