1 reviews | Active since Apr 2014
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.
