Skills Innovation Hub
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Durnacol Skills Innovation Hub signs agreement with Eduloan
Eduloan andDurnacol Skills Innovatin Hub have signed an agreement that will enable Eduloan to assist registered and potential learners in need of financial assistance, by offering loans at an exceptionally low interest rate.
Students at DSIH can now enjoy affordable repayments when they take out a study loan. Eduloan fills the gap between the state-funded National Student Financial Aid Scheme and commercial banks.
Eduloan also has agreements with various FET Colleges as well as 22 universities and universities of technology in South Africa. "We aim to make education accessible and affordable to all South Africans," says Branco.
Eduloan also has a unique offering that makes study loans for more accessible for employees who work for organisations that enter into a corporate salary deduction agreement. This agreement allows the employee to apply for study loans, either for themselves or any of their dependants. It also enables the organisation to keep repayment terms affordable and to help even those that have poor credit ratings or who have been declined by other loan providers to obtain a study loan.
HOW TO APPLY FOR A STUDY LOAN
A fully completed and signed Eduloan application form;
A quotation from Durnacol Skills Innovation Hub reflecting your name and student number, the study program, the balance outstanding;
A certified copy of your sponsors South African Identity Document