How to get a FNB student loan

The FNB student loan is available to customers who bank with FNB as well as customers who don't bank with FNB.



The FNB student loan is available to customers who bank with FNB as well as customers who don't bank with FNB.

You can get a loan from R4000 to R80 000 for each year of study, and only start repaying interest, fees, charges and capital once the student has completed their studies.

Who can apply?

This loan is open to all South African citizens with a valid South African ID.

  • Over 18 years of age
  • The principal debtor (the person responsible for paying the loan) must earn R6 000+ per month
  • The student must be registered with a South African tertiary institution

What does the FNB student loan cover?

  • Tuition fees
  • Textbooks and other study related costs
  • Equipment
  • Accommodation

What documents do you need to apply?

For FNB customers:

  • Valid South African ID/Smart card
  • Proof of acceptance/registration from a tertiary institution 

For non-FNB customers:

  • Valid South African ID/Smart card
  • Proof of residence (not older than 3 months)
  • Your last three months’ payslips/bank statements
  • Proof of acceptance/registration from a tertiary institution 
  • If you are self-employed, you need to present your latest 6 months’ bank stamped statements and Personal Tax Assessment (ITA 34)

How can the loan be paid off?

The interest rate of the loan is dependent on the credit risk profile of the customer, therefore, repayment of the loan is dependent on the bank.

Repayment of the loan starts the following month after the loan has been paid out.

There is the Customer Protection Plan (CPP), which is provided by FNB. This is a form of credit life insurance which covers the student and the principle debtor in the event of death, disability and unemployment.

For more queries,contact 0861 40 40 40 or visit the FNB website 



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