Nedbank Student Loans are a credit solution that is offered to students who want to pursue their studies but lack the financial resources to do so. Getting a good education nowadays has become so expensive that so many young South Africans are dropping out due to the exorbitant prices that are being charged by colleges and universities.
Nedbank is one of the many financial institutions that supports education and has provided tailor made student loans to help those that are academically gifted but don’t have the finances to further their studies. Nedbank Student Loans can be used to pay for your educational fees, pay for your student accommodation and other study related expenses such as books, equipment and so on.
How to apply for Nedbank Student Loans
When you decide to apply for Nedbank Student Loans you need to ensure that you provided all the required documentation and take it to your nearest branch. Interest portion of the loan will be paid during your studies and this will be paid by the guarantor and the loan portion has to be settled upon completing your studies.
Nedbank will provide exceptions to students who undertake community programmes or internships. Full time students have to have a guarantor when applying for these student loans.
Nedbank Student Loans Application Requirements
To have Nedbank Student Loans application approved you will need to provide your South African bar-coded identity document or passport for non-residents, your academic results, latest pay slip, proof of address, three months bank statements, invoice of fees owned from a tertiary institution or study related costs. Your main guarantor must have a Nedbank Transactional Account.
Nedbank Student Loans Contact Details
To apply for Nedbank Student Loans you can visit your nearest Nedbank branch or call their call centre number 0860 555 111 and speak to their friendly consultants and ask them about the student loan products and services they have on offer. You can also visit their website www.nedbank.co.za and find out more information about it.