Student Loans
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At Regenesys, every student with the potential to excel academically should have access to the financial resources needed to achieve their goals.Understanding that financial challenges can hinder education, we have partnered with leading financial partners like Student Hero and Fundi., to help you manage the costs associated with your studies.
Note: Financial assistance is subject to availability and meeting eligibility criteria. Students are advised to consider both internal and external funding sources
Navigating Finance with Student Hero
Regenesys has partnered with Student Hero to offer students and their families a comprehensive platform to apply for and compare various student finance options from leading South African banks and alternative finance providers.
Whether you’re starting out or already in your second or third year and finding it challenging to self-finance your education, this service can help you access the financial support you need. The student loan application process is streamlined for ease, and the platform is completely free for applicants.
Student Hero’s team of specialists provides expert guidance, helping you navigate your options for student loans in South Africa, ensuring you find a loan that meets your financial needs and allows you to continue your studies without interruption.
For Students: Understanding Fundi
Fundi offers various education finance solutions, including tuition loans, device financing, and support for MBA programs. In addition to student loans in South Africa, Fundi provides a platform where students can find accommodation, and purchase airtime, data, and eBooks. These features are designed to cover a wide range of educational needs.
The Edforall initiative is designed to help students from diverse backgrounds access quality education at Regenesys. This program allows eligible students to apply for student loans in South Africa that cover tuition fees and other educational expenses. We are committed to making higher education accessible and ensuring financial constraints do not hinder their academic journey.
A student loan is a financial aid option to help cover educational expenses such as tuition and study materials. It involves borrowing funds that need to be repaid with interest. Student loan definition is money borrowed for education that must be repaid. In South Africa, options include African Bank student loans and student loans without surety. You must meet specific qualifications and provide the necessary documents to apply for a student loan. Understanding how student loans work includes knowing the terms of repayment and interest rates. The best student loans in South Africa offer competitive interest rates and flexible terms. For international students, there are options like student loans for international students and study loans for international students. Additionally, student loan forgiveness and loan consolidation can assist with managing and repaying loans.
- Financial Support for Education: The student loan provides essential financial support, enabling students to cover tuition fees, study materials, and other educational expenses without the immediate burden of upfront payments. Through our partnership with leading finance providers, we offer accessible student loans in South Africa to help you achieve your educational goals.
- Flexible Repayment Options: Various student loan repayment options allow students to choose a plan that best suits their financial situation. This flexibility makes managing loan payments easier after graduation.
- Competitive Interest Rates: The student loans in South Africa offered by Regenesys come with competitive interest rates, ensuring that students can afford their education without facing exorbitant costs over time.
- No Surety Required for Eligible Students: Many of our student loans in South Africa do not require a surety, making it easier for students to qualify, especially those who may need a co-signer available.
- Support for Unemployed Students: Regenesys offers loans for unemployed students, helping those without a steady income access quality education and improve their future job prospects.
- Quick and Efficient Loan Process: The student loan application process is streamlined, with students promptly receiving intimation of loan offers. The initial interaction with the academic counsellor typically takes 5-10 minutes.
- Availability for International Students: Regenesys student loans are available to international students, providing financial support for those studying abroad and needing assistance with tuition and living expenses.
- Customised Loan Offers: Regenesys provides personalised student loan offers based on a thorough analysis of each student’s needs and eligibility, ensuring the loan terms align with the student’s academic and financial goals.
- Loan Forgiveness and Deferment Options: Certain student loans may offer loan forgiveness or deferment options, providing relief to students under specific conditions, such as financial hardship or continued education.
- Enhanced Career Opportunities: Regenesys student loans ease the financial burden, allowing students to focus on their studies, leading to better academic performance and career opportunities after graduation.
A student loan is a financial assistance you can obtain to fund your higher studies. By agreement, you and your surety agree to pay back the full loan amount along with the interest that accrues on it.
A surety is someone who legally undertakes to pay back the outstanding loan amount and interest in the event that you are unable to.
Complete an online student loan application form available HERE and submit the required documents/information to the Regenesys Student Loan Department for further processing.
Personal as well as course-related original documents are required for getting a student loan, which includes but is not limited to:
- Identity document/s
- Proof of residence not older than 3 months
- Last 3 months’ salary slips
- Balance sheet and income and expenditure statement
- Last 3 months’ bank statements
- Proof of latest academic results
- Proof of acceptance of registration from Regenesys Business School
- Confirmation of tuition fees
You need to be studying towards a certificate, diploma, a graduate or postgraduate degree with a minimum course duration of 12 months at Regenesys Business School.
Student loans can cover up to 100% of tuition fee for courses provided by Regenesys Business School, subject to your affordability.
No, only tuition fees can be covered by the student loan.
No, the amount will be used directly by Regenesys Business School to cover your tuition fees.
Our one-time initiation fee for applying loan, ranges between R 150 to R 1050, however this fee is payable by the student only after the successful approval of the loan. Further, our monthly service fee is up to R60 during the agreement period. These amounts are subject to change.
The student or surety is required to set up a monthly debit order in favour of Regenesys Business School as stipulated in the loan agreement.
Turnaround time for processing of student loan is four (4) business days after the submission of all required information and documentation.
A penalty of R 150 (plus VAT) will be charged for any bouncing or non-credit of the owed amount on or before the due date.
Yes, you can at any time terminate the student loan by paying the settlement amount. The settlement amount consists of the following:
- The outstanding principal debt at the time of termination
- The outstanding interest on the principal debt as at the date of termination
- Any outstanding fees and charges as at the date of termination
It is recommended that you have insurance to cover your student loan in the case of some an accident or unforeseen circumstance which may result in death or disability.
Empowering Your Educational Journey
Explore all available funding opportunities.
