What Are Student Loan Requirements At Standard Bank?

Standard Bank offers a student loan option for all students who do not have alternative university funding options. The following represents a set of requirements that students are to meet to be able to qualify for a student loan from Standard Bank.



Standard Bank offers university students, who are not funded by government-provided financial aid and who cannot afford to pay university fees, the opportunity to claim a student loan to pursue their studies.

The following describes the qualifying criteria that the student needs to meet to be considered for a Standard Bank Loan WITHOUT surety:

  • You need to be a South African citizen
  • You need to be studying at one of the four following participating universities: University of Limpopo, University of the Free State, North West University or Sefako Makgatho Health Sciences University.
  • Your course must be on the list of approved courses as stipulated by Standard bank here.
  • Your annual household gross income should be less than R600 000
  • You need to have a Standard Bank transactional account

This loan option without surety covers up to a maximum of R120 000 per year, which will work to cover the following: existing tuition debt, current tuition, accommodation, textbooks, and educational equipment.

The following describes the qualifying criteria that the student needs to meet to be considered for a Standard Bank Loan WITH surety:  

  • You must be a South African citizen
  • Both Standard Bank and non-Standard Bank account holders can apply for fulltime and part-time funding
  • The surety does not have to be a Standard Bank account holder, unless the student is planning to study overseas.


This loan option with surety offers a minimum loan amount of R5 000, whilst the maximum loan amount depends on the student’s circumstances. A maximum amount of R60 000 is dedicated to accommodation whilst R20 000 is offered for textbooks and equipment.

For more information regarding loan options, click here.

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