All major South African banks offer student loans to South Africans with valid study permits. Check which South African banks offers students loans, what they cover and the application requirements.
Which banks offer student loans?
All major South African banks offer student loans to South Africans with valid study permits, these banks include: Absa, First National Bank (FNB), Nedbank, Capitec Bank, and Standard Bank.
Who qualifies for a student loan?
What do I need to apply for a student loan?
Each bank has specific documents that you need to submit along with your application, so have a look at their websites if you want to know more information. The common documents banks need are:
- Certified copy of your ID
- Acceptance letter/proof of registration from the institution you will be attending
- Proof of residence
- Latest academic results
- 3 months’ bank statement
- Proof of tuition costs