The expensive cost of tertiary education has forced many South Africans to explore alternative funding options.
Registration, tuition, and accommodation fees—these terms are enough to spark a migraine for anyone who’s dealt with the stress of university fees.
While many students from low-income households sought financial relief from the National Student Financial Aid Scheme , the ‘missing middle’ have often found themselves left to fend for themselves.These are households with an annual income between R350,000 and R600,000—often considered too rich for government funding but too poor to cover the cost of tertiary education.
“Someone will stand surety for the student while they are studying, applying for the loan- and paying minimal premiums on their behalf. This is usually a parent or guardian.
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