FNB Life Start Student Loan offers students loans of up to R4 000 a year for their academic studies and they only get to pay the interest portion of the loan during their studies. FNB understands the challenges that many young adults face especially when it comes to finding finance to continue with their studies. Student loans from FNB relieves those pressures by allowing to focus on your studies.
Why take out a FNB Life Start Student Loan?
When deciding to pursue your studies the last thing you need to worry about as a student is the burden of finding money to pay for your studies. You can apply for student loans ranging from R4 000 to as much as R80 000 with flexible and affordable interest rates. During your studies you will only pay the interest portion of the loan and the rest after completing your studies. Use student loans from FNB to pay for your tuition fees, study books and pay for your accommodation.
FNB Life Start Student Loan Requirements
FNB Life Start Student Loan requires you to be a student with a South African ID between the ages of 18 and 25 years, must provide your parents or sponsor’s ID and pay slip, must provide proof of student registration with the amount owing stated in an invoice, and for those that don’t bank with FNB they must provide their latest 3 months bank statements. Students must be registered with a South African tertiary institution and the primary debtor must be earning more than R6 000 a month.
You can use these student loans to pay for your tuition fees, buy books and pay for your campus accommodation. Students get the benefit of having a 6 month grace period after finishing their studies and also get flexible repayment terms of up to 60 months. The FNB Life Start Student Loan comes with a Customer Protection Plan that protects you as the student and your sponsor.
FNB Life Start Student Loan Contact Details
To find out more information about the FNB Life Start Student Loan you can visit your nearest FNB branch and speak to their consultants, or you can call them on 0861 40 40 40. You can also read more details from their website www.fnb.co.za.