Standard Bank Student loan

Standard Bank Student Loan Details and Application

Standard Bank has set quality in the South African banking sector. The standard bank student loan and Standard bank home loans are two of its major offers.  The standard bank has constantly evolved over its 151 years history of offering quality and modern banking system. It is indeed a leader in personal and business banking.

Standard Bank Student loan

The standard bank is currently listed on the Johannesburg & Namibian stock exchange market. With earnings of R15 billion, R191 billion total capitalization, and strategic partnerships in  Africa and China.

Standard Bank Loan Services

The Standard Bank offers several loan opportunities in South Africa stretching from quick personal loans to Student and home loans services.

Standard bank loans have a quick application, competitive interest rates, fixed minimum monthly refund, zero early termination penalty plus an optional credit life insurance.

Standard bank loans are available to all South Africans between the ages of 18 and 65 years.

Standard Bank Student Loan Requirements

The loan can be finalized easily if you are provisionally qualified online. The loan covers tuition cost, textbooks, and also study equipment. Furthermore, the monthly repayment options are absolutely Affordable for both full and part-time students

How it works

  • Tuition and accommodation credit directly to the institution or residence.
  • The Standard bank student loans approved once a year.
  • The Marks and proof of registration are required for loan fulfillment.
  • The Standard bank Student loan attracts an initiation and monthly service fee.
  • The student Courses of study must be SAQA, SETA or Umalusi accredited.

While Studying on Full time

  • Standard bank student loan requires a surety.
  • The surety pays the monthly interest and service fees pending borrower’s graduation.
  • The Student starts repayment phase on completion of studies.
  • The borrower gets a grace period before getting a job.
  • Because of unforeseeable events such as disability, dread disease or death, the loan must be insured.
  • A surety must earn at least R 3 000 a month.

While Studying on Part-time

  • The borrower need a surety to sign on your loan if you earn less than R 5 000 a month*
  • Monthly repayments are made by debit order while you’re studying
  • There are no early settlement penalties
  • If you quit your studies, the full outstanding amount is due immediately
  • Because of unforeseeable events such as disability, dread disease or death, the loan must be insured.
  • You need to be a student at an accredited institute in order to access the loan.
  • Provision of academic results, so we know you passed the previous year.
  • You can apply for immediate provisional approval now through our Youth Applications microsite.

Visit The Standard bank Student loan portal to commence registration.