University of Pretoria
Towering from the outskirts of the capital, the University of Pretoria offers world class education that is supported by multitudes of organisations who find these programs useful for the development of South Africa.
About – University of Pretoria
The University of Pretoria is at present the only institution of higher education in South Africa where students can source a various number of student loans without hardships.
The students from the University of Pretoria have access to various funding that ranges from NSFAS, Funza Lushaka Bursary Program, Discovery and different other loans from the banking community. To add on that, the institution provides its students with student loans that are underwritten by the university itself.
UNIVERSITY OF PRETORIA STUDENT LOANS?
The University of Pretoria offers student loans in two categories, one under the Tsanang Loan programs and the other under the general student loans.
The Tsanang student loans are meant to capture the academically gifted undergraduate students. It would have been indicated from their academic results, while the general student loans are intended to cover all the other students.
The student loans from the University of Pretoria will cover only students who are enrolled or accepted by the institution for courses that take that have a study period of at least a year. University of Pretoria student loans cover the applicants on fees, accommodation, meals, books and other requirements that the institution might have.
WHY SHOULD WE OPT FOR UNIVERSITY OF PRETORIA STUDENT LOANS?
The University of Pretoria student loans are the best alternatives for educational funding for all students who will be taking their courses at the institution, whether full time or part-time. The loans beat the offers of most banks, personal loans and credit cards in the country.
The University of Pretoria student loans is come with very much relaxed terms and low-interest rates as compared to most educational funding by the external funders.
Unlike other funding programmes that would come along the way when the semester is almost over. Our student loans are provided before the end of registration, making sure that students do not get disturbed in their lectures. The University of Pretoria student loans is simply the best.
HOW ARE UNIVERSITY OF PRETORIA STUDENT LOANS REPAID?
The two types of loans offered by the university come with different repayments. The general loans by the University of Pretoria have repayments that are similar to credit services like short-term loans, quick loans and personal loans.
Once a student has been able to access the loan, they will have to start repayments as soon as they start the lectures. However, full-time students might qualify for a grace period for some months. Under the Tsanang loan programmes, the students will need not to make any repayment during the study.
The loans are only repaid when the student graduates and find employment.
HOW MUCH GRACE PERIOD DOES THE UNIVERSITY OF PRETORIA OFFER ON STUDENT LOANS?
The grace period offered on the loan repayments will depend on various factors. That is all the students will have their capabilities and so their grace periods will differ.
In events where the graduates quickly find employment, the university will require its payments as soon as the graduate starts to earn a salary. On the other hand, when there is no employment, the university will also give a more extended grace period.
In situations where the graduates have to take internship, traineeship or articles, that period will be considered as a grace period for the student. On average, the University of Pretoria student loans grace periods is six months.
ARE UNIVERSITY OF PRETORIA STUDENT LOANS OFFERED TO ALL STUDENTS?
The Tsanang Student loans are not available to everyone; they are issued to students who excel in their undergraduate studies. On the other side, the general student loans are available to students who are enrolled for courses that take a period that is at least a year.
All the students will need to register or accepted by the university to apply for the loans. Almost all the courses that are offered by the University of Pretoria have access to funding through student loans, bank loans, scholarships and bursaries.
That means those who wish to enrol with the institution should not be worried about funding.
All Applicants should be South Africans who are enrolled or have been accepted for a programme that has a length of at least a year. The applicants will need to have a good credit record and have a minimum of two guarantors for their loans.
The applicants will be required to submit the following documents during the application phase
- South African National identity document
- Proof of residential address that is not older than three months
- Three months’ stamped bank statement
- Proof of latest academic results
- Proof of registration or acceptance at the University of Pretoria
HOW TO APPLY FOR UNIVERSITY OF PRETORIA STUDENT LOANS?
All the student loans that are offered internally by the university uses paper-based applications. The students will need to obtain application forms from the student finance offices under the Admissions division.
The applicants for the Tsanang loans will need to seek recommendation from the Dean of Students prior to making a student loan application. The application papers will need to be submitted together with the relevant documents, after that the applicant will need to wait for their calls.