Capitec Student Loan South Africa

 

ABOUT THE CAPITEC STUDENT LOAN

Whether you’re a parent planning for your child’s schooling or a student pursuing your own academic goals, Capitec’s Education Loan offers a flexible and affordable solution to help make your dreams a reality.

Capitec’s Education Loan is a personalised credit solution of up to R500 000, designed specifically to cover a wide range of educational expenses. This includes not only tuition, but also essential academic costs like textbooks and course materials — provided these appear on an official invoice from the institution.

This loan is open to students of all ages and levels of study, and can be tailored to suit different learning paths.
 

WHAT STUDIES CAN THE CAPITEC STUDENT LOAN FUND?

Capitec’s Education Loan can be used at any recognised educational institution in South Africa, including:

  • Primary Schools
  • High Schools
  • Universities
  • TVET Colleges (Technical and Vocational Education and Training)
  • Accredited Online Learning Platforms

Whether you’re enrolling in your first year of university, taking a short online course to upskill, or paying for a child’s school fees, this loan is designed to support your journey.
 

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CAPITEC STUDENT LOAN FEATURES

Capitec makes education financing simple, transparent, and flexible. Here’s what sets it apart:

  • Loan Amount: Up to R500 000
  • Repayment Term: Up to 84 months (7 years)
  • What It Covers: Tuition, textbooks, and any educational expenses listed on the institution’s invoice.
  • Payment Method: Capitec pays the institution directly on your behalf, ensuring secure and accurate fee settlement.
  • Optional Revolving Credit: Choose an access facility for unplanned academic costs (e.g., printing, extra modules) – only pay interest on what you use.
  • Application Options: Online or in-person at any Capitec branch
  • Approval Process: Fast, transparent, and personalised to your credit profile.

If you anticipate unforeseen or ongoing educational costs, Capitec also offers a revolving credit facility of up to R500 000. This functions like a flexible line of credit:

  • Borrow what you need, when you need it.
  • Interest is charged only on the amount used, not the full facility.
  • Continue accessing available funds as you repay — great for covering term-by-term extras.

 

HOW TO APPLY FOR A CAPITEC STUDENT LOAN

Applications can be done in 3 Simple Steps: Start here

  • Tell Us About the Credit You Need: Start by sharing the amount you require and what it will be used for (e.g., tuition, books, or both).
  • Tell Us About Yourself: Provide your personal and financial details so Capitec can tailor a credit solution to your profile.
  • Confirm Your Identity: Answer a few verification questions to keep your information safe and secure.
  • Receive Your Personalised Offer: Based on the results, choose a credit option to suit you.

Once your profile is assessed, you’ll receive a personalised credit offer. You can then choose the terms and amount that best suit your needs.

Capitec Education Finance is associated with SmartFunder.
 

Please do NOT contact the Competition Tribunal if this bursary has already closed. View our other bursaries open for application here: https://www.zabursaries.co.za/bursary-news/

This page listing was last updated in July 2025.

SA Bursaries wishes you the best of luck with your application! Please remember to SHARE this page with anyone you know who may be in need of bursary funding.