Education News South Africa

Eduloan, GBS partner to promote education

Education finance specialist Eduloan has partnered with Global Business Solutions (GBS), a South African labour law and human resources consultancy that aims to empower businesses through education. Eduloan will provide educational loans to qualifying GBS clients.
Eduloan, GBS partner to promote education

One of the services that GBS provides is public domain courses that allow for individuals to up-skill themselves. Through the partnership with Eduloan, GBS will refer students needing financial assistance to Eduloan. "The course offer variation from GBS will include public domain courses such as Labour Law, Business Management, Human Resources as well as Personal Skills amongst many," says Marianne Gradwell, national sales and marketing manager at GBS.

Empowerment through education finance

Eduloan has empowered thousands of South Africans to unlock their potential and start realising their dreams through education finance. A key advantage with Eduloan is that it offers pay-as-you-go study loans at extremely affordable interest rates. "This means you get to repay your loan as you study, leaving you debt-free on completion of your course," says David Scholtz, financial director of Eduloan.

The Eduloan terms and conditions for education loans will remain at the affordable current interest rates for educational institutions countrywide. The study loan is paid directly to the institution and there are no limits as to how much the individual can apply for, as long as it is in alignment with study needs, from books to laptops, registration fees or outstanding balances and that they qualify to receive the loan. Employers, family or friends may apply on behalf of the student/employee.

"Essentially, to be competitive as a nation, we have to continuously intensify the focus on education and the up-skilling of our youth and workforce" concludes Scholtz.

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