Education Loans

🎓 Study Loans Made Simple – Invest in Your Future Today

At Northway Finance, we believe that nothing should stand in the way of your education—not even money. Our Study Loans are designed to help South African students cover the cost of tuition, textbooks, registration, accommodation, and other essential study expenses with ease and flexibility.

✅ What Is a Study Loan?

A study loan is a type of personal loan that provides financial support to students or their sponsors for education-related expenses. Whether you're studying full-time, part-time, online, or through a recognised institution, we’re here to help.

📘 What Can the Loan Be Used For?

Our study loans can be used to cover:

• University or college tuition fees

• Registration fees

• Prescribed textbooks and learning materials

• Study equipment (e.g. laptops)

• Transport or accommodation costs

📝 Loan Features

• Loan Amounts: From R10,000 to R150,000

• Flexible Repayment Terms: 12 to 60 months

• Affordable Interest Rates tailored to your credit profile

• Same-Day Feedback on application

• Early Settlement Option available without penalty

📋 Who Can Apply?

You qualify if:

• You are 18 years or older

• You are a South African citizen or permanent resident

• You or your sponsor earns a regular income

• You have a valid SA ID and bank account

• You are registered (or accepted) at a recognised institution

Parents or guardians may apply on behalf of the student.

📄 Documents Required

To process your application, please provide:

• A certified copy of your South African ID

• Proof of income (latest payslip or 3 months’ bank statements)

• Proof of enrolment or acceptance letter from your institution

• Proof of residence (not older than 3 months)

• A tuition invoice or fee breakdown (if available)

💡 Why Choose Northway Finance?

• Fast, secure application process

• Bad credit? We’ll still assess your affordability

• Transparent communication every step of the way