Are You Looking into a Bursary or a Study Loan?
There are multiple bursary providers listed with information about each specific bursary. Each provider has their own specific criteria, requirements for submission and deadlines.
Please ensure to research accordingly and engage with the bursary provider directly on their application procedure; however feel free to ask us advice about bursary applications during your consultation or visit to one of our Open Days.
It is advisable to have submitted your AFDA application, had your consultation with us and make use of your acceptance letter with your bursary application.
We unfortunately cannot guarantee the accuracy of all the content, nor the terms, conditions or criteria of the bursaries should the information change after us publishing this information.
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.
There are many financial institutions that offer student funding, including big banks and other financial service providers, such as Capitec (please see more information below), FNB, ABSA, Nedbank and Standard Bank.
We recommend that once you have received your acceptance letter over email, that you use it to apply for your Study Loan in the year before you enrol and start studying at AFDA.
Some Options for Student Loans:
Every bank/institution have their specific criteria of what to apply with and will offer you a different interest rate. These are the fees that a bank charges you to borrow money from them. So shop around until you find the best deal that suits you.
Capitec Study Loans
When it comes to your education and securing your future, you shouldn’t have to worry about how you’re going to pay for it. Get credit with Capitec to help you kick-start success.
Apply now in a few easy steps for up to R250 000 over 84 months and get your offer within minutes. You can also enjoy a discounted interest rate from 7.75% and an extended term to suit your education needs. Once your credit is approved, Capitec will pay it directly to AFDA for you.
Note: To apply for credit, the applicant (you or your parent/s, guardian or sponsor applying on your behalf) must be permanently employed. A quote or invoice, not older than 30 days is needed to process your application.
Have queries? Read Capitec’s FAQs or call them on 0860 66 77 89, Monday to Friday, 8am – 6pm and Saturday 8am – 1pm.
Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13).
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 firstname.lastname@example.org / 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.
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