Financial Aid

The following forms of finance are available on campus for registered students:

Edu-Loan

All government employees and their dependents that enrolled with the University and have stop order facilities with Persal, may apply for the Edu-Loan study facility. To do so, a student / guardian will have to:

• Complete and sign a salary deduction instruction.
• Provide two latest salary slips / advice.
• Provide a certified copy of his / her identity document.

The conditions of Edu-Loan are as follows:

• Ten percent interest will be charged against study fees. The study fees include the registration fee and the cost of the subjects for which a student has enrolled at the University for the period concerned.
  
  
• Repayment takes place over a period of ten (10) months via a salary deduction facility, administered by Edu-Loan.
  
  
• If a student wants to register for additional subjects after the initial registration has taken place, a student will have to do so by means of a cash payment. The salary deduction facility cannot be used for this purpose. Students may direct enquiries to any Financial Aid Division office or to Edu-Loan's client services on telephone ( 015) 962-8000.

NSFAS Loans and Bursaries

Download the 2009 Financial Aid Form from here

Students who wish to apply for financial assistance must do so as soon as possible. A National Means Test for NSFAS loans will determine the amount payable by each student. The expected family contribution will differ for individual students, depending on his/her unique circumstances.

The National Means Test will take the following into consideration:

• Academic performance during the year.
• Annual family income - supportive documentation needs to be submitted in this regard.
• Actual cost of study for the academic year.

Applicants will know about the outcome of their applications by the second week after reopening for the first term. Students whose applications are not successful should register with the normal initial amount payable by all other students.

Rebates

Should a family have two or more depend­ent children, under the age of 26 years studying simultaneously at the University, the second and any further children qualify for a 15% discount on tuition and residence fees. A written request must be submitted to the Executive Director: Financial Management and Planning. The closing date for application of rebate is 30 September in the year of registration. A rebate will be granted based on tuition and residence fees at the rate determined by Council from time to time. Download the Application for Rebate Form here