Subsidies and Loans

Rhodes University Loan Guidelines

All Staff Loans:

The University has Staff Loan schemes for NBC Housing Loans, Short/Medium Term Loans, Funeral Loans and a Car Loan Scheme. The University retains the right to decline loans without providing reasons and to change the rate of interest as it sees fit. Loan applications are available from the Housing/Loans Officer (Mr Neil Smuts) in the Finance Division.

Short and Medium Term Loans

Short and Medium Term Loans are available to permanent staff members. Qualification is dependent on a number of criteria including, but not limited to, period of employment, minimum take-home pay and periods of repayment. The interest rate is linked to prime.