Nedbank offers a student loan that is tailor for all your education financial needs, getting the right qualification is your key to success in a competitive world but, with tertiary education becoming more and more costly, those dreams of success can seem so far away.A Nedbank Student Loan gives prospective students and parents peace of mind and a sense of financial security knowing that funds are available for further studies.
Your Nedbank Student Loan will cover costs for:
- Tuition fees
- Study-related equipment
Your student loan contract will be subject to:
- A once-off administration fee
- A monthly debit order to pay back the interest on the loan amount borrowed.
- Reapplication for each year of registration (a student loan is granted for a specific year of study)
The benefits of the product include:
- Competitive interest rates and flexible repayment terms, during and after completion of studies
- Grace periods for students who have to complete internships, community service or articles to qualify in their field of study
- Competitive Nedbank credit life cover for death or disability
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