Standard Bank is one of the best banks to get a student loan from in South Africa. Below we provide details on how to get the loan, documents required and amount awarded:

How the loan works

What you need to know

  • No Repayments while you study
  • Competitive interest rate
  • No Surety required (You don’t need an income to qualify)
  • Historical debt is covered

*Remember you are not expected to make repayments while you are studying.

What you need to have to qualify

Qualifying criteria

  • You need to be a full-time student
  • You need to be a SA resident
  • You need to be studying at a participating university
  • Your course must be on the list of approved cources as per the participating universities
  • Annual household gross income must be less that R600 000

The student loan without surety is now available to customers who have a transactional account with Standard Bank

The following documents will be needed

  • South African Identity document
  • Proof of residence (not older than 3 months)
  • Proof of household gross income
  • Proof of latest academic results
  • University registration letter
  • Proof of cost for books and educational equipment if over R6000 (if funding is required)
  • Lease Agreement reflecting cost of accommodation or Statement of university residence cost (if funding is required)
  • Statement of university Tuition

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February 21, 2024

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