Reach your potential while enjoying the benefits of a personalised interest rate and an interest-only repayment, for a 12-month period.
Features and benefits
An FNB Student Loan can be used for tuition fees, accommodation, equipment, other study material and devices. Apply anywhere and at any time conveniently and easily on the FNB App.
Personalised interest rate
Get a tailored interest rate and up to R360 000 to help fund your studies.
Flexible payment options
Pay only interest and fees for a 12 month period and then start repaying interest, fees, charges and capital thereafter.
Credit life insurance
We make sure you are covered with our credit insurance.Credit life insurance is compulsory for the student loan. Our Customer Protection Plan covers the principal debtor and student in the event of death, temporary and permanent disability. Alternatively, you may provide a suitable credit life insurance policy if you wish to use your own.
You may apply for additional funds on an annual basis if you are studying over more than one year.
The person who applies for the loan must meet the requirements below. This person is called the principal debtor. In most instances, the principal debtor is the parent or sponsor applying for funds to be used for the student’s tuition, accommodation etc.
Have a minimum income of R3000 deposited into your account
Be permanently employed or self- employed
The applicant and student must have a South African ID
The student must be registered with a recognised tertiary institution
Documents required
For an FNB customer
Proof of enrolment from the educational institution / proof of registration
Student ID
For a non-FNB customer
South African green bar-coded ID or smart ID card
Latest 3 months’ payslip or 3 months’ bank statement (latest 6 months’ bank statements and ITA34 for self-employed customers)
Proof of residence not older than 3 months
Proof of enrolment from the educational institution / proof of registration
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