APPLY ONLINE

The simplest way to get a student loan

APPLY ONLINE

The simplest way
to get a student loan

Study Loans 4U connects your information to a variety of financial providers from this single point of contact.

We will be able to pre-qualify the sponsor, but we are not able to submit your student loan application until we have received all the supporting documentation.

The person applying on the student’s behalf is also known as the student’s surety or sponsor. The sponsor can be any person who is willing and able to apply for a loan, it need not necessarily be a parent or a relative. The sponsor will be responsible for the monthly loan repayments.

$

Step 1: Provide Consent

To determine the loan sponsor’s credit score, we first need to collect their personal information. For us to proceed in processing your application, we need your consent

DECLARATION

I declare, consent to and understand that:

 

  • To the best of my knowledge and belief, the particulars set out in this form are true and correct, and that no additional information which might affect the decision of the credit provider has been withheld my me, my spouse and the student;
  • STUDY LOANS 4U, its agents and its credit providing partners can make enquiries about my credit record with any credit reference agency and any other party to confirm the information provided by me;
  • STUDY LOANS 4U, its agents and its credit providing partners may contact me to request further information if required;
  • STUDY LOANS 4U, its agents and its credit providing partners can carry out identity and fraud prevention checks and share information relating to this form to the South African Fraud Prevention Service;
  • The Educational Institution can send my personal information, as provided by me in this application form, to STUDY LOANS 4U;
  • STUDY LOANS 4U, its agents and its credit providing partners  can share my personal information with Verification Information Suppliers to conduct background screening checks including, but not limited to, credit, employment references, proof of income, criminal record, fraud prevention, and ID verification;
  • Requests for consumer credit information to be released for fraud prevention or detection;
  • Verification requests form part of the background screening process;
  • Requests for credit information from Credit Bureaus will only be conducted under the regulations defined as per the National Credit Act (NCA);
  • Data obtained from the FSB serve only for the purpose to determine the fitness and propriety as envisaged in the FAIS Act;
  • Any personal information supplied by me to STUDY LOANS 4U is provided voluntarily and that the company may not be able to comply with its obligations if the correct personal information is not supplied;
  • Privacy is important to the Responsible Parties and the Responsible Parties will use reasonable efforts to ensure that any personal information in their possession or processed on their behalf is kept confidential, stored in a secure manner and processed in terms of South African law and or applicable Data Protection Legislation, for the purposes I have authorised;
  • All information, including personal information, supplied to STUDY LOANS 4U and its agents is accurate and current and agree to correct and update such information when necessary;
  • By submitting any personal information to STUDY LOANS 4U and its agents in any form I acknowledge that such conduct constitutes a reasonable unconditional, specific and voluntary consent to the processing of such personal information in the following manner by the company and/or Verification Information Suppliers:
    • Personal information may be shared by STUDY LOANS 4U with its agents, Verification Information Suppliers, the Educational Institution, and Financial Services providers for verification or other legitimate purposes;
    • Personal information may be shared by STUDY LOANS 4U with its agents, Verification Information Suppliers, the Educational Institution, and Financial Services providers for verification or other legitimate purposes;
    • Personal information may be shared by the Verification Information Suppliers with STUDY LOANS 4U and be further stored and shared by STUDY LOANS 4U for purposes of continued or future credit eligibility checks or for other legitimate purposes as per the NCA;
    • Personal information may be stored for a reasonable period by STUDY LOANS 4U and/or the Verification Information Suppliers;
    • Personal information may be transferred cross-border to countries, which do not necessarily have data-protection laws similar to South Africa, for verification or storage purposes. In any cross-border transfer of personal information the recipient will be notified of the need to protect the confidentiality of the personal information.
  • If STUDY LOANS 4U has utilised the personal information contrary to the Privacy and Data Protection Conditions, I may first resolve any concerns with STUDY LOANS 4U. If I am not satisfied with such process, I have the right to lodge a complaint with the Information Regulator;
  • A copy of personal information kept by STUDY LOANS 4U, its agents and their Verification Information Suppliers will be furnished to me upon request in terms of the provisions of POPI or the NCA and I understand that I may dispute any information in the record provided;
  • I unconditionally agree to indemnify STUDY LOANS 4U and their Verification Information Suppliers, acting in good faith in taking reasonable steps to process my personal information lawfully, against any liability that may result from the processing of my personal information. This includes unintentional disclosures of such personal information to, or access by unauthorised persons, and/or any reliance which may inadvertently be placed on inaccurate, misleading, or outdated personal information, provided to STUDY LOANS 4U by myself or by a third party in respect of me;
  • In authorising the search/s referred to above, I confirm that I have not been forced or coerced into signing and supplying the above information.