Student loans

CTU has partnered with some of the major commercial banks to assist our students with student loans at better rates that we could offer. Our banking partners are professionally equipped to assess creditworthiness in accordance with the National Credit Act. If they do not qualify you for credit, CTU, if we were a credit provider, would have had to decline credit on the same grounds.

Students must provide the following documentation:

  • Proof of registration.
  • A quote from a CTU Career Campus for study fees.
  • Green bar-coded Identity Document.
  • Results of the previous academic year
  • Proof of current residential address, e.g. electricity or cellphone statement, etc.
  • Please note – a study loan is taken out in the name of the sponsor and therefore the sponsor will be required to provide the information listed in the sponsor section.

 

Sponsors must provide the following documentation:

  • Proof of earnings or latest payslip.
  • Green bar-coded Identity Document.
  • Proof of current residential address, e.g. electricity or cellphone statement, etc.
  • Banking details (name of bank, account number, branch code and 6 months’ bank statements if non-Absa client).
  • If the sponsor is married in Community of Property their spouse’s details are required. If not, an Anti-Nuptial Contract or a copy of Divorce Decree is required.

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