Coming from disadvantaged communities and families, to one it is very difficult not to think twice about going to University after matric, it is constant to worry about fees. Now without getting the proper information from the institution itself this can be a pretty daunting task.
There is a little information on how to go about acquiring a student loan. The National Students Financial Aid Scheme (NSFAS) is available from Cape Peninsula University of Technology -CPUT.
NSFAS loans are funded by the Department of Higher Education and Training and it is awarded to the financially needy and academically deserving students from South Africa.Depending on your year results, up to 40% these funds could be converted to a Bursary. Payment terms are; repaying the study loan once you start earning a salary, however in order to qualify one should be registered at an accredited institution.
Application forms are available at the Financial Aid Office, level 5 of the Administration Building (entrance via the Students Centre) Cape Town Campus. Obtain a bursary/loan application form, from the Financial Aid helpdesk, complete and return it by the closing date.
Information shared for a better future for all with NSFAS now you can.