Standard Bank Student Loan



SB student loans are used to pay for tuition, books, study equipment and accommodation (this only applies to full-time students who are not residing with their parents).

The money for tuition fees will be paid directly into the institutions account and accommodation fees will be paid to the place of residence. The balance of the funds for other study expenses will be paid into the students Standard Bank transnational account

Study loans are only granted for a certain amount of time, therefore students must reapply each year.


This is someone who will be liable for your debt should you not be able to pay it back. This is usually a parent or guardian.

You will need a surety if:

  • you are under 18 years old
  • you are studying full-time
  • you are studying part-time and earning less than R5000/ month



Full-time students: the surety must pay back the monthly interest while studying, and the student must pay back the loan on completion of studies.
Failure to complete your studies will result in immediate pay back of the loan.

Part-time student: student must pay back the loan upon starting studies. Payment must be made by monthly debit order.


Applicants must satisfy the following minimum entry criteria before applying:

  • Have registered to study at an accredited tertiary institution in South Africa
  • Studying towards a certificate/ diploma/ degree/ postgraduate degree or diploma qualification
  • Passed the previous year of study (usually Matric)
  • For diploma and degree studies, your surety must earn at least R3000/ month
  • For certificate and other studies, your surety must earn at least R5000/ month
  • If you are a part-time students earning more than R5000/ month, you do not need a surety



Apply online at:
Alternatively, you can apply in person at your closest branch.

You will be required to submit the following supporting documentation with your application:

Document Full-time student Part-time student Surety
Identify Document YES YES NO
Parents/ Guardians Identify Document (minors only) YES YES NO
Proof of study expenses (tuition, accommodation, books etc) YES YES NO
Proof of tertiary registraion or acceptance YES YES NO
Latest academic record YES YES NO
Proof of residence YES YES YES
3 months latest bank statements (non SB clients only) NO YES YES
Latest payslip NO YES YES


If you would like to find out if you qualify for a Standard Bank student loan before applying, please visit:

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