Stellenbosch University Loan
Stellenbosch University (SU) administers a tuition fee loan scheme to students coming from missing middle (annual income between R350 000 - R600 000 per year) households. The SU Loan Scheme is funded from the institutional budget as well as from repayments. The SU loans have an interest of 0% whilst studying, with normal prime lending rates that apply once repayment commence.
SU loans allocations are subject to the number of qualifying students and the availability of funds. Applications for the SU Loan can be done via the Maties website during the application plhase from April until August annually.