African Bank Student Loans

Staff Writer

Now that you’ve finished Matric and have High School done and dusted, you may be thinking to yourself that perhaps you should give University a shot. After all there is no harm in becoming a wiser and knowledgeable person. A good education can give you so many opportunities in the future. You can become an expert in a particular industry based on what you studied. An education can give you a fighting chance to the exposure needed in order to be a professional one day. With a good education you can live the lifestyle that you have always dreamed of so it seems like a good idea to pursue your studies further however; you may be worrying about how you will cover your tuition.

With African bank you can get credit that you can use to pay for you degree or diploma at a government or private institution. We at African Bank are one of the many well established financial service providers that offer our clients various loans, credit cards and insurance products and services. African Bank understands that not many South Africans can afford to go to varsity or further their education because the costs involved can be very much out of reach for most people. We are here to assist anyone who wants a higher education in order to be a good member of society by contributing to the economy and live a good standard of life. The loans that we offer our clients makes sure that they can pay for their academic expenses as well the accommodation costs involved when admitted to any University or College.

Should you require a loan from African Bank to meet the expenses of your academic endeavours you will need to ensure that you inform your parent/guardian of the application process needed which will need them to provide the following:

  • South African ID.
  • An acceptance offer or invoice from the University that you will be attending.
  • Proof of residence.
  • 3 Months bank statement.
  • Recent Salary slip.

You can apply for an academic yourself if you are permanently employed and studying as you work. The same process will apply to you as well. With the academic loan from African bank you will be able to pay for your tuition, text books and living expenses. During your academic studies you or your parent/guardian will be expected to pay back the interest portion of the loan and you will only be expected to start paying the capital portion of the loan once you have completed your studies.

In order to be granted an African Bank Student loan you will need to make sure that you pay your nearest African Bank branch a visit and speak to any of our consultants available to assist you with the application process. Our friendly consultants are well trained to give you professional and sound service. We also have an online presence which makes it more convenient for you to access our student loan offerings. Log in at anytime to apply for a student loan and we will assist you in the nick of time.


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