We’ve been helping customers build their tomorrows for 25 years. Count on us to help you build yours.

Finance your studies with a personal loan

Finding a way to finance your education can be a daunting task. Getting a loan is one way to further your education, and as long as you follow some basic guidelines, it doesn’t have to become a burden. In fact, you should think of an education loan as an investment, and investing in your education is one of the best investments you can make.

Not sure how to pay for your studies? Talk to us, we can help you. Our study loan offers you the opportunity to borrow funds at a low interest rate to support yourself or someone you would like to benefit from study funding. Take up a study loan with us, it could be the best thing for your future.

“Request Call Back“

Cover your complete study experience

Finance your full tertiary experience from the tuition fees, accommodation, study books and technical equipment you need for your studies.

Get the best interest rates
If you take out our study loan and you’re offered a lower interest rate elsewhere, we’ll beat it. Terms and conditions apply.

Pay interest only for the year of study

Pay interest only for the 12 months and only start repaying from month 13.

What you need to know about a Study Loan_

Who can apply?

To qualify for the loan, you must be a South African citizen or person living in South Africa permanently and earn more than R3 000 a month. The loan can be in the name of:

• A parent, who has proof of income
• A sponsor or guardian, who has proof of income
• A part-time student, who is full-time employed and has proof of income

A Bravo Assistance Finance Study Loan can be taken out by a student studying full-time or part-time at any of the following institutions:

• University, university of technology, agricultural college, technical vocational education and training college (TVET)
• Any private study institution registered at a Sector Education and Training Authority (SETA) and accredited by the South African Qualifications Authority (SAQA)
• Online study courses accredited by the United States Department of Education or the UK Government of Higher Education Quality Assurance Agency (QAA). The borrower is required to be based in South Africa. 
• Aviation training from an approved training organisation (ATO) which has been approved by SA Civil Aviation Authority (SACAA).

Can I borrow the full amount to cover my study costs?

Yes, a study loan can be taken out for each year of study.

• We finance both undergraduate and postgraduate qualifications – the duration of the course must be more than two months
• You can apply for a minimum amount of R15 000
• The study loan will only cover one year’s tuition fees and associated costs. You will need to re-apply the following year if you proceed with your studies
• A study loan is awarded based on each customer’s risk and affordability
• You may include the following with your loan:
  • Prescribed text books
  • Tuition fees including your registration
  • Accommodation (Only full-time students who are not living with family)
  • Computer equipment required for your studies.

What you need to apply

• A valid South African ID document or Smart card
  
• Proof of residential address such as a municipal or rates bill
• Your last three months’ payslips or bank statements
• Proof of study in the form of a final letter of acceptance or proof of registration 
• Proof of course costs for the year of study (invoices/statements); for
  • Tuition fees
  • Accommodation for full-time students not living with parents or relatives
  • Text books
  • Study-related technological devices
• For second and subsequent years of study, proof of the previous years’ academic results to ensure student is permitted to continue studies.

How do I pay it off?

• You can opt to make capital and interest repayments or;
• You can repay interest only for a period of 12 months.

When topping up an existing study loan, you may repay interest only for a further 12 months.

Get a Credit Protection Plan

• Be prepared for the unexpected and have peace of mind knowing that you are covered. The Bravo Group Credit Protection Plan will cover you in the event of death, disability, critical illness, terminal illness or loss of income. Credit life insurance is mandatory for all study loans. 

Service benefits

• 100% financing available for certain conditions.
• Preferential forex rates may be available for international disbursements.
• Parents should be joint borrowers for the education loan.
• Loan repayment tenure can go up to 15 years.
• Loan moratorium period of up to 6-months to 1 year from completing the course.
• Tax benefits up to 8 years on the loan interest payment.
• The loan amount can go up to R50,000 for students who qualify.