Standard Bank Student Loans for 2025: Funding Your South African Education
South African students starting tertiary studies in 2025 can apply for Standard Bank Student Loans to cover tuition, accommodation, and study materials. These loans offer flexible repayment options for students at universities, TVET colleges, and other SAQA-accredited institutions. We explain requirements, benefits, and application processes in clear terms.
Coverage and Loan Amounts
Standard Bank student loans cover:
- Tuition fees: Full course costs (no set limit)
- Accommodation: Up to R60,000/year with valid lease
- Study materials: R20,000 with receipts/R6,000 without
The bank determines final amounts based on institution fees and applicant/guarantor income. Some qualifying institutions offer R120,000/year loans without requiring a guarantor.
Repayment Terms (2025)
| Study Status | Repayment Details |
|---|---|
| Full-time students | Pay interest + fees during studies. Full repayments start 6 months after graduation |
| Part-time students | Start full repayments immediately |
| All borrowers | 11%-17.25% interest, 1-10 year terms, no early repayment penalties |
Eligibility Requirements
Applicants must:
- Be SA citizens aged 18+
- Provide 2025 admission proof from accredited institutions
- Have guarantor earning ≥R3,000/month (unless using no-surety option)
Standard Bank checks both student and guarantor credit histories. Part-time students may apply without guarantors if employed.
Application Process
- Gather documents (ID, admission letter, guarantor proof of income)
- Apply online, in-branch, or via callback request
- Await approval decision (2-14 days)
- Sign agreement if approved
Funds get paid directly to institutions/landlords. Annual reapplication required for multi-year courses.
Key Considerations
- Advantage: 6-month post-study grace period
- Caution: Guarantors become liable for unpaid debts
- Deadline: Apply by June 2025 for mid-year university intake
Alternative Options
Students should also explore:
- NSFAS funding (www.nsfas.org.za)
- University bursaries
- Private scholarships
Contact Standard Bank at 0860 123 000 or visit www.standardbank.co.za/studentloans for personalized quotes. Early applications ensure better processing times before 2025 registration deadlines.
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