Student loans are one of the options for student funding that you may be investigating. In this mini series of articles named Pros and Cons, Bursaries Portal outlines the advantages and disadvantages of scholarships, bursaries and student loans.
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What is a Student Loan? A student loan is borrowed money that is repaid over the time once a student has completed their studies and starts a job. In addition to repaying the amount loaned, most loans also require an additional fee called interest.
Are you looking for financial assistance to further your studies? The idea of a student loan may seem intimidating but researching your options will put your mind at ease and help you make an informed decision.
You can choose from a range of public and private entities.
In society today, there are many students that are not fortunate enough to pursue their dreams of studying. “These days, we are all told how important it is to have some qualification, other than a matric certificate”, says Candice Grobler.
