How to Get a Student Loan at Capitec

Do you wish to learn how to get a student loan at Capitec? The bank is one of those in South Africa that offer loans to people looking to study at various places around the country. Capitec student loans can be used at universities, TVET colleges, primary schools, high schools and online courses. So, how do you apply for a Capitec student loan?

How to apply for a Capitec student loan

The following is how to apply for a Capitec student loan;

  • You can apply for a Capitec student loan online. Go to the Capitec Education Finance page and click on Get Estimate. Enter the required information and then click on Continue. Follow the next steps to get an estimate.
  • Another way through which to make your application is by walking into a nearest Capitec bank branch. They will walk your through the process of applying there.
  • When applying, you will need to provide proof that you are enrolled at a university. You will also need to provide invoices showing the amount for which you are applying.

How much can you get?

That’s how to get a student loan at Capitec. But how much can you apply for? Capitec provides you with a revolving fund of up to R500 000.

What you need to know is that this money is not given to you as cash. It is paid directly to your university or college to cover such things as tuition and accommodation.

For these things to be paid, you need to provide evidence in the form of invoices. The bank will then pay the money into your university’s account.

The fact that it’s a revolving fund means you only get to pay for the money that you use. If you use less than expected, you will not have to pay the entire amount.

What does the a student loan cover?


In this article, we focused on how to get a student loan at Capitec. It was noted that in order to get a loan, you can apply online or you can walk into a nearby branch to start the process. Follow the link to find a branch near where you are.

These loans are not offered as cash. Instead, they are paid directly to your institution as payment for things such as tuition and books. You will have up to 18 months in which to make your student loan repayments.

Interest rates for Capitec student loans

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