ABSA Student Loan — ABSA Bank

About this loan

ABSA offers a dedicated student loan for South African students at accredited higher education institutions. The loan can cover tuition, accommodation, and other study-related costs. You need a parent or guardian to sign as surety if you have no income.

Eligibility

South African citizen or permanent resident. Accepted/enrolled at an accredited institution. Surety required if student has no income. South African ID required.

What it covers

✓ Tuition✓ Accommodation✓ Books✓ Study Equipment

Eligible institutions

Public UniversitiesPrivate CollegesUniversities of Technology

Important to know

⚠️ Compare the interest rate carefully with Fundi and Nedbank before committing. A prime-linked rate means your monthly payment will increase if the SA Reserve Bank raises rates.

Important: Loan details (interest rates, amounts, eligibility) are indicative and subject to change by the lender. Always verify current terms directly on the lender's official website before applying. Interest rates are subject to the National Credit Act (NCA).