Overview
The FNB Student Loan in South Africa is designed to help fund tertiary education at SAQA-accredited institutions, covering tuition, accommodation, study materials, equipment, and devices. For 2025, loans are available up to R360,000, based on credit profile and affordability, with a focus on flexible repayments including an interest-only period. It’s typically taken by a guarantor (e.g., parent) who handles repayments, as students often lack income.
Eligibility
To qualify for an FNB Student Loan:
- South African citizen or permanent resident with a valid ID (student and guarantor).
- Student must be enrolled full-time or part-time at a SAQA-accredited institution (local or abroad).
- Guarantor (principal debtor) must have a permanent job or be self-employed, earning at least R3,000–R6,000/month (salary deposited into a bank account), and pass a credit check.
- Age 18+ for both student and guarantor.
- Good credit history and no defaults.
Requirements
- Proof of enrollment/registration/admission letter for 2025.
- Valid South African ID (student and guarantor).
- Proof of residence (not older than 3 months, e.g., utility bill).
- Guarantor’s proof of income: 3 months’ payslips/bank statements (salaried) or 6 months’ statements + ITA34 (self-employed).
- Proof of expenses (tuition quotes, accommodation, etc.).
- Latest academic results (may be required).
- Mandatory credit life insurance.
For FNB customers, fewer documents may be needed.
How to Apply
Applications are straightforward and can be done via:
- Online: Visit www.fnb.co.za or the FNB App, go to Loans > Student Loans, enter ID and details, upload docs, and submit. Approval same day possible; funds in 48-72 hours.
- Branch: Visit an FNB branch with docs for assisted application.
- Additional Info: Applications accepted year-round; apply early for 2025. Reapply annually for multi-year studies.
Contact: 087 730 5596 or [email protected].
Interest Rates and Fees
- Interest Rates: Personalized, ranging from 6.75% (prime -0.5%) to 11.47% (prime +4.5%) based on credit profile. Prime rate as of October 2025 is around 11.75%, so effective rates ~6.75%-16.25%.
- Fees: Initiation fee (up to ~R1,200 + VAT), monthly service fee (~R69). Credit life insurance mandatory (~5-5.4%). No early repayment penalties.
Repayment Terms
Repayment terms include:
- Structure: Interest and fees only for first 12 months (~R750/month example), then principal + interest over up to 60 months (~R2,500/month example), total up to 72 months.
- Monthly debit orders: On payday.
- “Take-A-Break” option: Payment holidays (e.g., January) if up-to-date.
Example repayments (estimates at 10% interest; use FNB calculator):
| Loan Amount |
Term (after 12 months interest-only) |
Est. Monthly Repayment |
| R50,000 |
36 months |
~R1,600 |
| R200,000 |
60 months |
~R4,250 |
| R360,000 |
60 months |
~R7,650 |
Benefits
- Flexible interest-only start.
- Direct payments to institutions.
- Credit life insurance included.
- FNBy Next Account perks: Zero fees, virtual card, 2-for-1 deals.
- No penalties for early repayment.
Comparison with Other Banks
To help decide, here’s a comparison of FNB with other major banks’ student loans for 2025:
| Bank |
Max Amount |
Interest Rates (Starting) |
Repayment Terms |
Key Benefits/Unique Features |
Min Income (Guarantor) |
| FNB |
R360,000 |
6.75%-11.47% (personalized) |
12 months interest-only + up to 60 months |
Flexible payments, credit life, app apply |
R3,000-R6,000 |
| Capitec |
R500,000 |
Not specified |
Revolving credit |
Higher limit, pay only on used amount |
R3,000 |
| Standard Bank |
Based on affordability (R60k/year accommodation, R20k equipment) |
11.25% |
Grace period 6 months post-studies |
Low rate, specific expense caps |
R3,000 (household <R600k) |
| Absa |
Full costs |
Not specified |
12 months interest-only + from month 13 |
Personalized, online education eligible |
R3,000 |
| Nedbank |
R400,000 |
Preferential based on grades |
Varied for full/part-time |
Performance-linked rates |
Good credit required |
FNB offers competitive rates and flexibility but lower max than Capitec/Nedbank. Standard Bank has a fixed low rate; Nedbank rewards good grades. Compare personalized quotes based on your profile.
For comparison with personal loans, explore options from African Bank and Old Mutual.
For the latest 2025 details, visit www.fnb.co.za or contact FNB at 087 730 5596 or [email protected]. Rates are subject to credit assessment.
Uhlolojikelele
Imali Yokuboleka Yabafundi ye-FNB eNingizimu Afrika iklanyelwe ukusiza ngokuxhasa imfundo yezemfundo ephakeme ezikhungweni eziqinisekiswe yi-SAQA, ihlanganisa izindleko zokufunda, indawo yokuhlala, izinto zokufunda, izinto zokusebenza, kanye namadivayisi. Ngo-2025, izimali zitholakala zifinyelela ku-R360,000, ngokusekelwe kuphrofayela yezikweletu kanye nokuthengeka, ngokugxila ekukhokheni okuguquguqukayo okuhlanganisa isikhathi senzalo kuphela. Ngokuvamile ithathwa ngumvikeli (isib., umzali) ophethe izinkokhelo, njengoba abafundi ngokuvamile bengenawo umholo.
Ukufaneleka
Ukufanelekela Imali Yokuboleka Yabafundi ye-FNB:
- Isakhamuzi saseNingizimu Afrika noma umhlali osemthethweni onomazisi osebenzayo (umfundi kanye nomvikeli).
- Umfundi kumele abhaliswe ngokugcwele noma ngokwesikhashana esikhungweni esiqinisekiswe yi-SAQA (sendawo noma saphesheya).
- Umvikeli (umkweletu oyinhloko) kumele abe nomsebenzi oqinile noma azisebenzele, ehola okungenani R3,000–R6,000/ngenyanga (umholo ufakekwa ku-akhawunti yasebhange), futhi aphase ukuhlolwa kwezikweletu.
- Iminyaka engu-18+ kubo bobabili umfundi kanye nomvikeli.
- Umlando omuhle wezikweletu futhi akukho ukwehluleka.
Izidingo
- Ubufakazi bokubhalisa/incwadi yokuvunyelwa yokufunda yango-2025.
- Umazisi waseNingizimu Afrika osebenzayo (umfundi kanye nomvikeli).
- Ubufakazi bendawo yokuhlala (budala obungadluli izinyanga ezi-3, isib., isikweletu sezinsiza).
- Ubufakazi bomholo bomvikeli: amaphepha okuhola ezinyanga ezi-3/izitatimende zasebhange (abakweletwayo) noma izitatimende zezinyanga ezi-6 + i-ITA34 (abazisebenzelayo).
- Ubufakazi bezindleko (izilinganiso zezindleko zokufunda, indawo yokuhlala, njll.).
- Imiphumela yezemfundo yakamuva (ingadingeka).
- Umshwalense wezikweletu zempilo oyisibopho.
Kumakhasimende e-FNB, kungadingeka amadokhumenti ambalwa.
Indlela Yokufaka Isicelo
Izicelo zilula futhi zingenziwa ngezindlela ezilandelayo:
- Ku-inthanethi: Vakashela www.fnb.co.za noma uhlelo lwe-FNB, iya ku-Izimali > Izimali Zabafundi, faka umazisi kanye nemininingwane, ulayishe amadokhumenti, bese u-submit. Ukuvunyelwa kungenzeka ngosuku olufanayo; izimali zitholakala emahoreni angu-48-72.
- Egatsheni: Vakashela igatsha le-FNB namadokhumenti ukuze uthole isicelo esisizwayo.
- Imininingwane Eyengeziwe: Izicelo zamukelwa unyaka wonke; faka isicelo kusenesikhathi ngonyaka ka-2025. Faka isicelo kabusha minyaka yonke kwizifundo zeminyaka eminingi.
Xhumana: 087 730 5596 noma [email protected].
Amazinga Wenzalo kanye Nezimali
- Amazinga Wenzalo: Ayenzelwe wena, asuka ku-6.75% (prime -0.5%) kuya ku-11.47% (prime +4.5%) ngokusekelwe kuphrofayela yezikweletu. Inani le-prime kusukela ngo-Okthoba 2025 lilinganiselwa ku-11.75%, ngakho amanani asebenzayo ~6.75%-16.25%.
- Izimali: Imali yokuqalisa (kuya ku-~R1,200 + VAT), imali yesevisi yenyanga (~R69). Umshwalense wezikweletu zempilo uyisibopho (~5-5.4%). Azikho izinhlawulo zokukhokha ngaphambi kwesikhathi.
Imigomo Yokukhokha
Imigomo yokukhokha ihlanganisa:
- Isakhiwo: Inzalo kanye nezimali kuphela ezinyangeni zokuqala eziyi-12 (~R750/ngenyanga isibonelo), bese kuba inhloko + inzalo kufikela ezinyangeni ezingama-60 (~R2,500/ngenyanga isibonelo), isamba sifike ezinyangeni ezingama-72.
- Izinkokhelo zenyanga: Ngosuku lokukhokha.
- Inketho ye-“Take-A-Break”: Amakhefu okukhokha (isib., uJanuwari) uma usesezingeni.
Izibonelo zokukhokha (izilinganiso ngenzalo engu-10%; sebenzisa ikalkhuletha ye-FNB):
| Inani Lemali |
Isikhathi (ngemuva kwezinyanga eziyi-12 zenzalo kuphela) |
Isilinganiso Sokukhokha Kwanyanga |
| R50,000 |
Izinyanga ezi-36 |
~R1,600 |
| R200,000 |
Izinyanga ezi-60 |
~R4,250 |
| R360,000 |
Izinyanga ezi-60 |
~R7,650 |
Izinzuzo
- Isiqalo senzalo esiguquguqukayo.
- Izinkokhelo eziqondile ezikhungweni.
- Umshwalense wezikweletu zempilo uhlanganisiwe.
- Izinzuzo ze-FNBy Next Account: Azikho izimali, ikhadi elibonakalayo, izinhlelo ze-2-for-1.
- Azikho izinhlawulo zokukhokha ngaphambi kwesikhathi.
Ukuqhathanisa Namanye Amabhange
Ukuze ukusize wenze isinqumo, nawa ukuqhathanisa kwe-FNB namanye amabhange amakhulu ezimali zabafundi zango-2025:
| Ibhange |
Inani Eliphezulu |
Amazinga Wenzalo (Aqalayo) |
Imigomo Yokukhokha |
Izinzuzo Ezibalulekile/Izici Ezikhethekile |
Umholo Omncane (Umvikeli) |
| FNB |
R360,000 |
6.75%-11.47% (ayenzelwe wena) |
Izinyanga eziyi-12 zenzalo kuphela + kufikela ezinyangeni ezingama-60 |
Izinkokhelo eziguquguqukayo, umshwalense wezikweletu, isicelo sohlelo |
R3,000-R6,000 |
| Capitec |
R500,000 |
Ayacacisiwe |
Isikweletu esijikelezayo |
Inani eliphezulu, khokha kuphela inani elisetshenzisiwe |
R3,000 |
| Standard Bank |
Ngokusekelwe ekuthengekeni (R60k/ngonyaka indawo yokuhlala, R20k izinto zokusebenza) |
11.25% |
Isikhathi sokuphumula sezinyanga ezi-6 ngemuva kwezifundo |
Inani eliphansi, imikhawulo ethile yezindleko |
R3,000 (umkhaya <R600k) |
| Absa |
Izindleko eziphelele |
Ayacacisiwe |
Izinyanga eziyi-12 zenzalo kuphela + kusukela enyangeni ye-13 |
Ayenzelwe wena, imfundo eku-inthanethi ifanelekile |
R3,000 |
| Nedbank |
R400,000 |
Okukhethwa ngokusekelwe emamaki |
Ehluka ngokugcwele/ngesikhashana |
Amazinga axhunywe ekusebenzeni |
Umlando omuhle wezikweletu uyadingeka |
I-FNB inikeza amanani okuncintisana kanye nokuguquguquka kodwa inani eliphezulu eliphansi kune-Capitec/Nedbank. I-Standard Bank inenani eliphansi elilungisiwe; i-Nedbank ivuza amamaki amahle. Qhathanisa izilinganiso ezayenzelwe wena ngokusekelwe kuphrofayela yakho.
Ukuqhathanisa nezimali zomuntu siqobo, hlola izinketho ezivela ku-African Bank kanye ne-Old Mutual.
Ngezimininingwane zakamuva zango-2025, vakashela www.fnb.co.za noma xhumana ne-FNB ku-087 730 5596 noma [email protected]. Amanani axhomekeke ekuhlolweni kwezikweletu.
