2025/2026 Outstanding Study Debt Repayment
The finance Seta, Fasset, is responsible for training and skills development in the broader financial services sector. They have launched a new programme to pay off outstanding student fees for the 2025 and 2026 academic years.
The programme is related to employees working in the "Financial and Accounting Services" sector - or unemployed applicants who have completed a degree in this sector.
Employed applicants must be employed by a company in the Fasset sector, or affiliated with professional bodies, cross-sectoral employers, NGOs and Community-Based-Organisations with in the sector.
Applicants who are unemployed can also apply for the payment of their student debt if the course they studied was relevant to the Financial and Accounting sector.
Requirements for the payment of outstanding debt:
- Employed applicant earning R660 000 or less per annum will be eligible and unemployed applicants should be coming from a household income of R1 000 000 or less per annum will also be eligible.
- Applicant with an outstanding loan at NSFAS or higher public learning institutions which was used to fund a completed qualification relevant to FAS Sector.
- Settlement amount is limited to R80 000 per applicant per year.
- Approval will be on first come first served basis limited to budget availability.
CLICK HERE FOR THE APPLICATION FORM
