Nedbank Student Loan 2023-2024 | Requirements & How to Apply

Nedbank Student Loan 2023-2024, Nedbank South Africa Student Loan requirements, study loan calculator, How to apply online for affordable student loans, education loan finance, loans for students with no income, loan pay after graduation, and student loan without parents.

With us, you can know that your fees, books, accommodation, and other costs are covered while you focus on your studies.

If you are a full-time student or still busy with your internship or articles, your guarantor will need to pay only the monthly interest on your loan. You can then repay your loan once you have completed your studies. For part-time students, repayments are made up of the loaned amount and its monthly interest from the start.

About Nedbank Student Loan

  • Our loans are suitable for both full-time and part-time students.
  • Pay while you study or settle your loan when you are done.
  • Enjoy preferential interest rates that are linked to your academic performance.
  • For your added financial security you can take out credit life insurance on your student loan

For part-time students, repayments are made up of the loan amount and the monthly interest from the start.

Nedbank Student Loan Features and Benefits

Everything you need to know about a Nedbank Student Loan – from how to apply and what costs to expect to how funds are paid out.

How Nedbank Student Loan works

Step 1.

Apply for your loan

  • Download the loan application form, fill it out and send it back or take it with you to your nearest branch.

Step 2.

Submit it for review

  • Our assessors will review your application along with all the relevant documents as soon as you have submitted them.

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Step 3

Accept our offer

  • If you qualify, your student loan will be approved and the money will be paid into the relevant account.

Nedbank Student Loan Requirements

To qualify for NedbanK Student Loan you’ll need the following:

  • Your latest exam results.
  • A statement of tuition fees, textbooks, equipment and accommodation.
  • Proof of registration at an institution that the South African Qualifications Authority approves.
  • We will help you open a Nedbank bank account when your loan is approved.

What you’ll need

  1. Yours and your guarantor’s valid South African ID card or document.
  2. A valid passport of either of you if you are not South African citizens.
  3. The guarantor’s latest payslip or 3 months’ stamped bank statements.
  4. A Nedbank transactional account belonging to your guarantor as their main account. If they or you don’t bank with us, we’ll help you open one.

Get in touch

Call us on  0860 555 111

Find a branch

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