Student Loan Calculator
Take the guesswork out of your student finances. Use our calculator to see what you qualify for, estimate your monthly repayments, and explore how different terms or interest rates could change your study repayment.
Student loan calculator
Calculate your monthly student loan repayment
Your estimated monthly repayment
R
0
Monthly interest and fees
R
0
Ready to take the next step?
Get a quote and see if you could qualify for a student loan.
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Student loan calculator
Calculate your monthly student loan repayment
Your estimated monthly repayment
R
0
Monthly interest and fees
R
0
Ready to take the next step?
Get a quote and see if you could qualify for a student loan.
Disclaimer
The results obtained through the online calculator are for illustrative
purposes only and may vary depending on the accuracy of the information
you provide when you use the calculator. Standard Bank does not guarantee,
either expressly or by implication, that the fees and repayments generated
by the online calculator will be equivalent to what is quoted on the
credit agreement should you proceed with a loan application and
makes no representations in this regard.
You can apply for a minimum loan amount of R5 000. The maximum loan amount is
based on affordability and the ability to repay the loan. Our monthly service fee
is R69 and our once-off initiation fee ranges from R567.07 up to a maximum
of R1 207.50 (VAT inclusive).
If you are a full-time student while studying, your guarantor/surety will be required
to pay interest and fees only. Our loan repayment term ranges from a minimum of 12 months
to a maximum of 120 months. Our interest rates are personalized ranging from
a minimum of 10.50%* (prime interest rate) to a maximum of 18.50%.*
Some examples: Full-time student (who is still studying): The estimated repayment for a
R50 000 loan at an interest rate of 10.50%* per annum will be *R567.07 per month.
Full-time student (who is working): The estimated repayment for a R50 000 loan at an
interest rate of 10.50%* per annum over 72 months will be *R1030.62 per month.
Part-time student: The estimated repayment for a R50 000 loan at an interest rate of
10.50%* over 44 months would be *R1476.20 per month.