Standard Bank, a leading financial institution in South Africa, strives to assist individuals with further education and to help make their dreams a reality.
What do you need to apply for Standard Bank Student Loans?
- Valid South African ID
- Latest results
- Proof of registration
- Proof of costs
- Proof of street address
- Income and expenditure statement
- Latest payslip
- Latest bank statements
How this student loan works:
To apply for Standard Bank Student Loans, you can apply online at www.standardbank.co.za or by visiting any branch.
You can simply visit the website or alternatively you can call Standard Bank on 011 299 4701 or the call centre on 0860 123 000 to apply.
Once you are approved for a loan, Standard Bank will pay the amount directly to the institution of study and the place of residence. Funds for books will be transferred to the transactional account.
The loans are granted for a specific year of study, so individuals will need to apply every year of registration.
You will start repaying the loan on completion of your studies as a full-time student. While you are studying, you will be responsible for payment of the interest portion of the loan every month.
Standard Bank also offers a grace period for individuals who need to complete articles, internships or community service.
Part-time students are however expected to repay the loan as soon as they start studying.
This bank strives to provide South African students with assistance in the form of student loans in order to assist them to further their studies. In a country like South Africa where many individuals are unable to afford tertiary education, the Standard Bank Student loan may be the ideal solution for you.
Standard Bank Student Loan contact details:
011 636 9111/2
0860 101 341