Student Loans
Applying for a student loan is the first step to bridging the gap between your dreams and your future. Come and talk to the Student Loan team at Regenesys Business School. We have years of experience in assisting students with financing their studies. We believe that if you have a passion for learning, we will endeavor to find a way to put you in the classroom. Regenesys Business School wants to help you awaken your potential.
Find out more about our unique financing programme by filling in the form below, and one of our consultants will be in touch with you.
studentloans@regenesys.net
Regenesys Management (Pty) Ltd is a registered credit provider with NCR number, NCRCP7940. Terms and conditions apply to all student loan applications.
A student loan is a financial assistance you can obtain to fund your higher studies. By agreement, you and your surety agree to pay back the full loan amount along with the interest that accrues on it.
A surety is someone who legally undertakes to pay back the outstanding loan amount and interest in the event that you are unable to.
Complete an online student loan application form available HERE and submit the required documents/information to the Regenesys Student Loan Department for further processing.
Personal as well as course-related original documents are required for getting a student loan, which includes but is not limited to:
- Identity document/s
- Proof of residence not older than 3 months
- Last 3 months’ salary slips
- Balance sheet and income and expenditure statement
- Last 3 months’ bank statements
- Proof of latest academic results
- Proof of acceptance of registration from Regenesys Business School
- Confirmation of tuition fees
You need to be studying towards a certificate, diploma, a graduate or postgraduate degree with a minimum course duration of 12 months at Regenesys Business School.
Student loans can cover up to 100% of tuition fee for courses provided by Regenesys Business School, subject to your affordability.
No, only tuition fees can be covered by the student loan.
No, the amount will be used directly by Regenesys Business School to cover your tuition fees.
Our one-time initiation fee for applying loan, ranges between R 150 to R 1050, however this fee is payable by the student only after the successful approval of the loan. Further, our monthly service fee is up to R60 during the agreement period. These amounts are subject to change.
The student or surety is required to set up a monthly debit order in favour of Regenesys Business School as stipulated in the loan agreement.
Turnaround time for processing of student loan is four (4) business days after the submission of all required information and documentation.
A penalty of R 150 (plus VAT) will be charged for any bouncing or non-credit of the owed amount on or before the due date.
Yes, you can at any time terminate the student loan by paying the settlement amount. The settlement amount consists of the following:
- The outstanding principal debt at the time of termination
- The outstanding interest on the principal debt as at the date of termination
- Any outstanding fees and charges as at the date of termination
It is recommended that you have insurance to cover your student loan in the case of some an accident or unforeseen circumstance which may result in death or disability.
