A new application is required each year for study and is subject to a credit and affordability assessment, which determines what you qualify for.
It is strongly recommended you keep finance low to avoid the risk of not being able to source finance of the studies.
Credit life insurance cover is compulsory. You have an opportunity to choose our credit life insurance. The FNB Life Customer Protection Plan which covers the principle
debtor and the student in the event of death, permanent disability, temporary disability, unemployment or the inability to earn an income. Alternatively, you can provide
your own credit life insurance, which must provide the same cover.