EveryoneContent rating

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Summary

(Fundi) Student Loan SIM is an Android app in the Finance category from Bekti Devs, available on Google Play.

(Fundi) Student Loan SIM is an independent, unofficial Android app that offers a loan simulation, a calculator and a guide about Fundi student loans in South Africa, working only on figures you type in yourself.

Free

About this app

(Fundi) Student Loan SIM is an independent, unofficial Android app: a loan simulation, a calculator and a complete guide about Fundi student loans in South Africa, for the stage before anything is signed.

What the app does

There are three parts: a loan simulation, which shows how a set of study-finance figures plays out; a calculator, which runs on amounts you enter yourself rather than on any rate pulled from a lender; and a complete guide to Fundi student loans in South Africa, in plain English. Every number in it is one you supplied, and all figures are estimates for planning only, not a quotation.

What it does not do

This is an unofficial, independent educational app, not an official representative of Fundi and not affiliated with, endorsed by, or connected to Fundi. It does not offer loans and cannot be used to apply for a loan, and does not process applications, disburse funds, check application status, or access any account. There is no account, no login and no personal data. It never asks for an ID number, a bank account number, a password or a one-time PIN, and you should never type those into any third-party app or website.

Key facts about the programme

  • Education finance in South Africa is normally approved against named, invoiced study costs — tuition and registration fees, accommodation, prescribed books, often a device — not paid over as free cash.
  • Funds commonly go straight to the institution or the supplier, so the money may never pass through your own account even though the debt is yours.
  • Credit providers must be registered and must issue a pre-agreement quotation. Rules are revised, so treat anything here as provisional.

Free and advert-supported. It is a planning tool, not a lender and not a broker: always confirm the actual terms with Fundi directly, because your quotation and credit agreement are what count. State funding: https://www.nsfas.org.za. Credit provider register: https://www.ncr.org.za. The Fundi name is used descriptively only. Not financial, tax or legal advice.

Get it on Google Play →

What's new

  • Bug fixes and performance improvements.

App information

Updated
Package IDcom.loans.fundistudentloan
Content ratingEveryone
PriceFree
DeveloperBekti Devs
CategoryFinance
Google PlayView on Google Play

Frequently asked questions

Is this the official Fundi app?
No. It is an independent educational app. It is not an official representative of Fundi and is not affiliated with, endorsed by, or connected to Fundi. The Fundi name is used descriptively only, and you should always confirm the actual terms with Fundi directly.
Can I apply for a student loan inside the app?
No. The app does not offer loans and cannot be used to apply for a loan. It does not process applications, does not disburse funds, does not check application status, and does not access any account. An actual application is made only through the official channel of the funder you choose.
Does the app need an account or my personal details?
No. There is no account, no login and no personal data. It never asks for an ID number, a bank account number, a password or a one-time PIN, because none of the arithmetic needs them. Never type details like those into any third-party app or website.
Are the figures in the simulation a quotation of what I will pay?
No. All figures are estimates for planning only. They are not a quotation, not an offer of credit and not a statement of any balance. The simulation runs on amounts you type in yourself, so the quotation and credit agreement you receive from the funder are the authority on your own loan.
Where should I check the official rules?
Confirm the actual terms with Fundi directly. For the state funding scheme for students at public universities and TVET colleges, see the official NSFAS site at https://www.nsfas.org.za. For the register of credit providers and the consumer credit rules, see the National Credit Regulator at https://www.ncr.org.za.

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