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Standard Bank Student Loan

South African Residents Only :
Standard Bank have a very helpful "Student Loan" Portal on there website

How do I apply for a student loan ?

Call 0860 123 456

Fill out the application form on this site :

or visit your nearest Standard Bank branch to complete your application.

Remember to have the following documents ready for the application process:

Remember to bring the documents below with you:




Identity document

Parent or guardian's identity document
(if you're a minor)

Latest results

Proof of registration at a tertiary institution / The Fridge School

Proof of costs; for example, fees and accommodation

Proof of street address

Income and expenditure statement
(The forms are available from our branches)

Proof of income; for example, a salary slip

Two months' bank statements
(Only if you are a part-time student or your surety doesn't have a transaction account with us)

What is a student loan?

A student loan is a way of funding further education after high school. You can use your student loan to pay for:

  • Tuition fees
  • Books
  • Equipment that will be used for study purposes, such as a laptop or stethoscope in your case, the tools you will need to practice your new trade ! !
  • Accommodation*

* Loans for accommodation will only be granted to full-time students not living with their parents.

With your student loan you will receive a Standard Bank transaction account and debit card that you can use to pay for what you need.

How does the student loan work?

Accessing your Student loan account

The money will be paid directly to the Fridge school. The balance can then either be left in your Student Loan account or transferred to your Standard Bank transaction account. the balance is to be used to buy your tools so you can start making money ! !

Insurance cover for your Student loan

We recommend that you take out a Personal Loan Protection Plan to pay any outstanding balance on your loan in the event of death, dread disease or disability.

When do You pay it back?

As a full-time student, you will start repaying the loan on completion of your studies. However, during your time of study, you will need to pay the monthly interest. The interest must be charged to your surety's bank account.

You're given a grace period for capital repayments if you have completed your articles, internship or community service.

You will need to start repaying your loan immediately if you fail to complete your studies.

Once the amount has been decided upon and you begin repaying the loan, the monthly repayment amounts will remain unchanged.

As a part-time student, you will need to repay your loan as soon as you start studying.

Monthly payments must be made by debit order and the amounts will be discussed with you once you apply.

One or more of the following will affect the repayment period of the loan:

  • Paying more than the minimum monthly installment.
  • Fluctuations in the interest rate.

To ensure a seat . . .Enroll Now ! !

Fridge School