Fundi is a South African company that provides education financing solutions to students.
It was established to help students and their families manage the costs associated with education, including tuition fees, textbooks, accommodation, and other related expenses.
Fundi offers a variety of financial products, such as student loans, bursaries, and educational tools, tailored to support students from secondary to tertiary levels of education.
Fundi partners with various educational institutions, employers, and other organizations to offer funding solutions. The company also provides financial literacy programs to help students and their families make informed decisions about financing their education.
Financing Products Offered by Fundi - Student Loans:
Tuition Loans:
Cover the cost of tuition fees for students enrolled in various educational institutions, including universities, colleges, and technical schools.
Textbook Loans:
Specifically designed to help students purchase textbooks and study materials.
Accommodation Loans:
These loans assist students in paying for accommodation, whether on-campus or off-campus, to ensure they have a stable living environment during their studies.
Device Loans:
Fundi provides loans for purchasing essential study devices, such as laptops, tablets, and other technological tools that aid in learning.
Bursary Administration:
Fundi partners with various organizations, corporates, and government entities to manage and administer bursaries for eligible students. This includes the disbursement of funds, tracking of academic performance, and ensuring that the bursaries are used for their intended purposes.
Scholarships and Grants:
In addition to loans, Fundi helps students access scholarships and grants, which are non-repayable funds provided apply for student loan to students based on merit, financial need, or specific criteria set by sponsors.
Education Planning:
Fundi offers services to help families plan and save for future educational expenses, ensuring that they are financially prepared when the time comes.
Short Courses and Skills Training Loans:
Loans are also available for students who wish to enroll in short courses, workshops, or skills training programs to enhance their employability or gain additional qualifications.
School Fee Loans:
For parents or guardians, Fundi provides loans to cover the costs of school fees for primary and secondary education, ensuring that children have access to quality education.
Through these products and services, Fundi plays a crucial role in enabling students to access the education they need, removing financial barriers that might otherwise prevent them from achieving their academic and career goals.