In your quest to find funding for your studies in 2024 , you may have considered education finance and fund management specialist, Fundi , for your study loan needs. Before sending your application , you probably have a few unanswered questions about Fundi that you’d like to get to the bottom of.
That’s where we come in. In this article, we answer the top 10 FAQs about applying for funding at Fundi so that you can start your academic journey with confidence.
Fundi is South Africa’s leading education finance and fund management specialist. Fundi student loans enable students to pursue their dreams by covering a comprehensive range of education costs , including tuition fees, study devices , textbooks and more.
Overall, Fundi has got all your educational needs covered under one roof, making it easier for you to focus on your academic journey.
Getting a Fundi student loan is pretty straightforward. You start by filling out the application form online , where you’ll be asked for your name, email address and cellphone number.
Once you’ve hit that “Call Me” button, the Fundi team swings into action. They’ll review your information and get in touch with you. Then, you might need to hand over some documents they ask for to help them decide if they can give you the green light for a student loan.
Once you’re approved for a student loan, Fundi steps in to pay your education bills straight to your tertiary institution of choice. And when it’s time to pay them back, it’s easy-peasy. All you have to do is set up a deposit, which is deducted from your salary each month.
You’ve got your matric certificate ready and you’re ready to start your student loan application. But wait, you’re not sure if you qualify for a student loan! Don’t worry, we’ve got you covered. In order to qualify for a Fundi student loan , you have to ensure that you meet the following criteria listed below:
Getting a Fundi loan is a breeze! Here’s the step-by-step guide:
But hey, if you’re in a hurry and don’t want to wait, you can always reach out to Fundi directly. Just give them a ring at 086 055 5544 or drop them an email at support@fundi.co.za . They’ve got your back!
Okay, so here’s the thing: Fundi doesn’t actually provide a traditional monthly allowance. Instead, Fundi offers financial support for specific items or expenses. When you apply for funding through Fundi and meet the necessary criteria, you’ll need to submit a quotation specifying the items for which you require funding.
For instance, let’s say you aspire to become a teacher and plan to enroll at the University of Johannesburg (UJ) . If you require financial assistance for your tuition fees and accommodation, you would submit a quotation to Fundi that outlines the cost of these two specific items.
Your Fundi student loan application would be assessed for these particular expenses, and if approved, you would receive funding for those specific needs.
Fundi knows that the cost of studying can be expensive, which is why their student loans cover a range of educational costs, such as:
