South Africa has a number of study options that prospective students may choose from, but some students have been hindered from exploring their dream careers.
However, South Africa has a number of funding options that students may take advantage of but each of them have a specific criteria.
The National Student Financial Aid Scheme (NSFAS) is the first option that people may think of, but the government bursary scheme’s funding eligibility is that the applicant must not be enrolled for a Short Learning Certificate or Programme or a postgraduate qualification.
Since NSFAS won’t be able to fund your short course, Fundi offers a short course loan for individuals who want to upskill in their careers through short courses but are in need of some additional assistance.
Nedbank has also confirmed that as a practice, student loans are granted for courses geared at NQF level 5 or higher and presented by a South African Qualifications Authority (SAQA)-registered institution.
According to Wits university, an NQF level 5 qualification is an introductory course that is pitched at first year undergraduate level, for which matric or an equivalent NQF 4 qualification is usually required
Nedbank’s student loans are strictly for prospective students who qualify to attend a full-time or part-time programme at an accredited institution.
Other financial institutions also required students to have the intention or be currently registered either full-time or part-time.
Alternatively, prospective students may also apply for a personal loan to finance their short course.
If you intend on studying towards an undergraduate qualification at any public university or college, you may visit the institution’s financial aid office to find out more on funding opportunities that they may qualify for.
