Funding Options
Bursaries
Please download the above document which contains useful information on how to conduct a search for potential bursary providers and how to prepare your application. We recommend visiting the online resource often throughout the course of the year to ensure you are aware of when certain bursary providers are open for applications, which documents are needed to support your application as well as the closing dates.
We encourage all potential students to apply to AFDA the year before they are looking to start their tertiary studies. Should you receive your AFDA Acceptance Letter from AFDA (after having submitted your AFDA application and had your consultation), you may include your AFDA Acceptance Letter in your bursary application.
*Please note that AFDA is not allowed to apply for a bursary on your behalf, and it remains the responsibility of every individual student to submit bursary applications to the bursary providers. We can provide you with certain documents that the bursary provider might need, for example a pro-forma invoice for the following year’s tuition fees or a copy of your Acceptance Letter.
Top Tip:
We suggest applying for as many bursaries as possible that you meet the criteria for, as well as considering provisional application for a study loan so you know whether this is an option for you.
Student Loans
There are many financial institutions that offer student funding, including most of the banks (Capitec*, FNB, ABSA, Nedbank and Standard Bank etc), as well as intermediary study loan providers like Student Hero and Manati. Every bank or financial institution have their own set of specific criteria of what you need to include in your application for student finance. Similarly, each financial institution may have different repayment terms and interes rates, so ensure you have researched all the options available to you.
*Please see below information about Capitec’s Education Finance which may be of particular interest to students.
Top Tip:
We recommend that once you have received your acceptance letter via email, you use it to apply for your Study Loan in the year before you enrol and start studying at AFDA.
Capitec Education Finance
Unlock your potential with Capitec Education Finance
Fund your future with an education term loan from Capitec Education Finance! You could get up to R500 000 at a discounted fixed interest rate and up to 84 months to pay. See if you qualify and get a free estimate in 3 easy steps, or apply online today!
Why use Capitec Education Finance?
- Lower monthly payments to fit your budget
- Apply online or in-branch – the choice is yours
- We pay the educational institution directly so you don’t have to worry about it
How does it work?
1. Get an estimate to see if you qualify and what you could get
2. If you qualify, we’ll contact you to finalise your application
3. Once your application is approved, we’ll pay the educational institution for you
4. You repay the credit to us with a monthly debit order
How do I apply?
You can scan the QR code above, apply online and get a reply in 5 minutes, or email us at info@capiteceducationfinance.co.za.
For more information, visit capiteceducationfinance.co.za.
Student Hero Study Loans
You can apply for multiple loans directly through STUDENT HERO or FUNDI. Student Hero is a free-of-charge consulting service for funding of tertiary education. Their squad is continuously working to keep on par with the available funding options and its prerequisites, to ensure that education can be delivered without the burden of financial uncertainties.
They make their research available to their clients and education partners so that students can focus their energy on their own potential through further study. Go to www.studenthero.co.za or contact hello@studenthero.co.za / 0615853490.
If you prefer, you could go into a branch of your selected provider or call them to fill in the application form. Some providers also allow you to apply on their website, so check that first, if it is easier for you.