Capitec doesn’t offer Student loans, but they do offer Personal loans that you can use to pay for your studies.
Some banks offer loans to pay for tertiary studies, which usually cover fees, accommodation, books and related equipment. You’ll need a Grade 12 certificate with university exemption and must prove your acceptance to an accredited tertiary institution. Someone will need to sign surety for the loan (often a parent), and in most cases repayments start once studies are completed.
Bank loans
Ideal if you want to study short courses or part-time – options which student loans don’t cover. You choose how to use the money (e.g. fees, living costs). Capitec Bank offers credit plans up to R200 000 over 84 months. The money is available immediately and you get retrenchment and death cover.
Scholarships and bursaries
Scholarships cover up to 100% of your fees, but be ready to show why you’re the best candidate! Some companies and institutions offer bursaries. Candidates often work for the bursary provider after studying. It may be restrictive, but it’s a great way of get experience. Tertiary students can also apply to the National Financial Student Aid Scheme.
Contact any university’s financial aid office – they will be able to give you a list of the financial aid available. You need to get on to this early if you’re planning to study in 2015, as financial aid will generally be wrapped up before the start of the new year.
Many larger companies also offer bursaries, which give staff members the opportunity to study and enhance their skills, which turn allows them to add more value in the workplace. If you are employed, speak to your HR office to see if your company has any bursaries that you can apply for.
Part-time jobs
Check campus noticeboards and websites like Rent-a-Student or Money for Jam for ways to earn extra money.
Universities also offer work opportunities such as tutoring or admin assistants, and are also usually close to restaurants and bars, so getting a job as a waiter or bartender are other options. You can also try and find part-time work at your favourite clothing retailers.
If you’re working, running a business on the side offers an alternative income source, and can also complement what you’re studying (e.g. charging for massages, while completing your massage course).
Did You Know : Top 15 Free Online Learning Platforms
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Free Online Education Degrees : Coursera:
Coursera partners with universities and organizations worldwide to offer a wide range of courses. While many courses are free, a fee is often required for certification.
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Free Online Education Degrees: edX:
Founded by MIT and Harvard, edX offers high-quality courses from top universities and institutions around the world. Certificates are available for a fee.
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Free Online Education Degrees : Khan Academy:
Khan Academy provides free educational content in various subjects, especially mathematics and science, using instructional videos and practice exercises.
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Free Online Education Degrees : Udacity:
Udacity focuses on tech-related courses and nanodegree programs, offering free content as well as more in-depth paid programs.
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Free Online Education Degrees : MIT OpenCourseWare (OCW):
MIT OCW provides a vast array of MIT's course content for free, covering a wide range of disciplines.
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Free Online Education Degrees : Harvard Extension School:
Harvard Extension School offers a selection of free online courses. While some courses are free, others may require payment for a certificate.
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Free Online Education Degrees: Stanford Online:
Stanford Online offers a variety of free courses in different disciplines, including computer science, engineering, and business.
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Best Free Online Courses : Carnegie Mellon Open Learning Initiative (OLI):
OLI offers free online courses and resources designed to improve learning outcomes through research-based methodologies.
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UC Berkeley offers free online courses on a variety of subjects, ranging from computer science to humanities.
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Did you know : International Scholarships 2024
There are several international scholarships available for South Africans to study abroad. Here are a few examples:
- Mastercard Foundation Scholarship Program: This program provides fully funded scholarships to study at selected universities in Africa, Europe, and North America. It is open to African students, including South Africans, who are committed to giving back to their communities.
- Commonwealth Scholarships: The Commonwealth Scholarship Commission offers scholarships for postgraduate study in the UK for citizens of Commonwealth countries, including South Africa. The scholarships cover tuition fees, travel costs, and a living allowance.
- Fulbright Foreign Student Program: The Fulbright program offers scholarships for South Africans to study at U.S. universities for a Master’s or PhD degree. The scholarship covers tuition, travel, living expenses, and health insurance.
- Erasmus+ Programme: The Erasmus+ programme offers scholarships for South Africans to study in Europe for a Master’s or PhD degree. The scholarship covers tuition fees, travel, and living expenses.
- Australia Awards Scholarships: The Australian government offers scholarships for South Africans to study at Australian universities. The scholarship covers tuition fees, travel costs, and a living allowance.
These are just a few examples of the many international scholarships available to South Africans. It is important to research the eligibility requirements and application deadlines for each scholarship program.