Fundi is a leading South African Education Finance specialist. They strive to help students achieve their dreams, by covering the costs relating to their tertiary education through education loans.
They finance both private and public tertiary institutions, but do they fund students at TVET Colleges you may ask?
The answer is yes they do. You have to check with Fundi if the specific TVET College you want to register at, is accepted by them.
They finance postgraduate qualifications, executive education programmes and MBAs. Their funding also covers outstanding balances, registration fees, laptops, textbooks, study tools, accommodation, as well as uniforms and stationery.
To qualify for Fundi, you must be:
- a South African resident (you must provide proof of this with your ID and proof of residence)
- permanently employed or have a parent who is permanently employed (you must provide proof of this with a letter from your employer confirming this; your last receipt of salary and your latest bank statements)
You must be in good standing in terms of your credit profile as you will not qualify if you are under credit or debt review. This is so that Fundi can see that you are able to repay the loan that they are providing.
Fundi aims to make loans more accessible and affordable for students. They do not require you to pay collateral and repayments are deducted from your salary or can be paid through debit orders.
Click here for how to apply for this loan.
For more information on the Fundi Loan, click here.
