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Eduloan

Whether you are looking to increase your salary through improved qualifications, qualify for a better job position or just for personal enrichment, Eduloan will be your partner on your education journey.

Eduloan

Eduloan offers student and study loans to those wanting to study in South Africa. Since 1996 we have financed over R2.5 billion in educational loans to over 600 000 tertiary students, helping to unlock the potential in everyone who has the will to learn. Their credibility in the market place has led to key partnerships with the civil and corporate markets, allowing access to student loans for employees in this sector whilst still servicing the full-time student.

Your study loan is tailor-made to your affordability criteria, ensuring you never feel the pressures of being overburdened. Registration fees, outstanding balances and other additional costs associated with your studies are covered by their study loans - all you have to worry about is achieving your educational goals.

Whether you are looking to increase your salary through improved qualifications, qualify for a better job position or just for personal enrichment, Eduloan will be your partner on your education journey.

At Eduloan, there are fixed monthly instalments for your student loan, which allows you to budget more effectively. There are no hidden fees and the payment periods are flexible according to your specific needs. 

Anyone can apply for an education loan on your behalf, as long as they are in fulltime employment and provided that the Eduloan monthly installments do not exceed 25% (based on a one year loan) of your sponsor's monthly basic salary.

You don't need to put down a deposit and they pay the amount you owe for your studies directly to the institution and then deduct the installments from your salary or bank account each month, which means no admin for you.

Finally, you can choose to pay your loan off over 6 to 22 months.

Some Great Benefits:

  • Fixed monthly instalments let you budget more effectively.
  • They pay directly to the institution so there's no admin for you.
  • No hidden costs.
  • If you require, anyone can apply on your behalf, as long as they are in full-time employment.
  • You can also apply for a loan for books and laptops.

Call 0860 55 55 44 or visit www.eduloan.co.za to find out more.

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