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Tracy P

1 reviews | Active since Apr 2014

20 Jan 2021, 15:27

Nedbank makes student loans impossible to get

I am a full time student studying through Unisa. I cant afford to study through any other institution. I recently tried to get a student loan through Nedbank but was told that despite the fact that I am factually a full time student, that because Im studying through UNISA, I have to repay the full capital plus interest during the year. This is simply because the Nedbank system has categorised UNISA as part time only. This is ridiculous. I do not earn any income (hence the reason for the loan) but Nedbank are not prepared to consider this at all. Furthermore they have told me that I will have to register at Boston or Rosebank college if I want to be considered full time, resulting in more costs I cannot afford. This is completely ridiculous and I cant believe a bank like Nedbank makes it s difficult for young people to get an education.

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Replies (1)
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Tracy P's update21 Jan 2021, 10:47
Reviewer Update
Shocking that there has been no reply to this after 2 days. I am a struggling student just trying to better myself with an education and Nedbank cannot even be bothered to respond.