Fundi does not only provide you a loan for your accommodation but it also helps you find the most convenient option for your accommodation near your institution. To answer your question, Fundi commits to taking responsibility for your study related finances while you focus on your studies. This means they will also pay for your private accommodation.
Fundi funding includes your outstanding balances, registration fees, laptops, textbooks, study tools, accommodation, as well as uniforms and stationery.
- Accommodation
- Educational tools
- Executive loans
- Educational devices (e-books)
- MBA funding
- Study loans
- Short courses
One of Fundi’s core values is to make education finance affordable to all South Africans. Therefore you need to ensure that you meet their requirements before applying for a loan.
Below is the list of minimum requirements needed to apply:
- Parent or student must have a permanent income
- Clear credit record
- A copy of a certified South African ID
- A letter from your employer stating that you work there
- Latest payslip and 3 months bank statement
To qualify for the loan, students must be 18 years and older and in order to apply for a Fundi loan, you must fill in an online application with all your necessary contact details and inform them on the type of loan you are applying for.
Once you have successfully submitted your application, Fundi will process your information and provide you with feedback on your application. All loans are indiscreet, and you do not need to provide anything as security.
After your application has been approved and processed, all educational finances will be paid by Fundi directly to your chosen institution.
You can visit the Fundi website for more information on how to apply.
