EASTERN CAPE MOTOR VEHICLE LICENCE FEES

EASTERN CAPE MOTOR VEHICLE LICENCE FEES 
  
TARETYPE OF VEHICLE
ExceedingNot ExceedingRigid vehicles*Trailers and semi-trailers
   
0 kg250 kgR288,00R186,00
250 kg500 kgR324,00R258,00
500 kg750 kgR330,00R324,00
750 kg1 000 kgR378,00R390,00
1 000 kg1 250 kgR474,00R504,00
1 250 kg1 500 kgR594,00R642,00
1 500 kg1 750 kgR696,00R756,00
1 750 kg2 000 kgR768,00R900,00
2 000 kg2 250 kgR1 008,00R1 086,00
2 250 kg2 500 kgR1 212,00R1 242,00
2 500 kg2 750 kgR1 368,00R1 446,00
2 750 kg3 000 kgR1 404,00R1 608,00
3 000 kg3 250 kgR1 746,00R3 324,00
3 250 kg3 500 kgR2 058,00R3 390,00
3 500 kg3 750 kgR2 304,00R4 110,00
3 750 kg4 000 kgR2 544,00R4 470,00
4 000 kg4 250 kgR2 820,00R4 938,00
4 250 kg4 500 kgR3 090,00R5 298,00
4 500 kg4 750 kgR3 324,00R5 748,00
4 750 kg5 000 kgR3 606,00R6 210,00
5 000 kg5 250 kgR5 592,00R6 822,00
5 250 kg5 500 kgR6 042,00R7 230,00
5 500 kg5 750 kgR6 558,00R7 764,00
5 750 kg6 000 kgR6 618,00R8 304,00
6 000 kg6 250 kgR7 200,00R8 910,00
6 250 kg6 500 kgR7 812,00R9 492,00
6 500 kg6 750 kgR8 604,00R10 068,00
6 750 kg7 000 kgR9 078,00R10 638,00
7 000 kg7 250 kgR10 044,00R11 220,00
7 250 kg7 500 kgR10 356,00R11 898,00
7 500 kg8 000 kgR10 992,00R13 110,00
8 000 kg8 500 kgR12 090,00R14 376,00
8 500 kg9 000 kgR13 986,00R16 350,00
9 000 kg9 500 kgR15 196,00R17 994,00
9 500 kg10 000 kgR16 284,00R19 692,00
10 000 kg10 500 kgR20 118,00R21 792,00
10 500 kg11 000 kgR22 038,00R23 892,00
11 000 kg11 500 kgR24 072,00R26 064,00
11 500 kg12 000 kgR26 076,00R28 248,00
Above 12 000 kg (for each additional 500 kg, or part thereof):+ R2 322,00+ R2 322,00
 
* The rate for rigid vehicles applies to all truck-tractors whether used for farming or not.
 
OTHER VEHICLE TYPES (irrespective of tare)
Motor CyclesCaravans
R210,00R342,00
  
Motor vehicle registration fee: R96,00                   Application for motor trade plate : R78,00

Student Loans in South Africa: How to Apply and What to Expect

For many young South Africans, accessing higher education is a dream that often comes with a financial challenge. Fortunately, several student loan optionsstrong> are available in South Africa to help fund university, college, or TVET studies. Whether you’re looking for a government loan like NSFAS or a private student loan from a bank, understanding the process is essential for success.

What Are Student Loans?

Student loans are a form of financial aid provided to eligible students to help cover tuition fees, books, accommodation, and other study-related expenses. In South Africa, these loans can come from government institutions like NSFAS or private banks such as Nedbank, Standard Bank, FNB, and Absa. Most loans offer repayment flexibility and low-interest options until you graduate.

Types of Student Loans in South Africa

  • NSFAS (National Student Financial Aid Scheme): A government-funded loan/grant program for students from low-income households. Covers tuition, housing, transport, and meals.
  • Bank Student Loans: Offered by most major banks. These are credit-based and require a guardian or parent as a co-signer.
  • Private Loan Providers: Companies like Fundi offer educational loans covering various costs such as school fees, gadgets, and textbooks.

Requirements to Qualify for a Student Loan

Each provider has its own criteria, but most South African student loans require the following:

  • Proof of South African citizenship or permanent residency
  • Proof of registration or acceptance at a recognised tertiary institution
  • Parent or guardian with a stable income to co-sign (for private loans)
  • Completed application form with supporting documents (ID, proof of income, academic records)

How to Apply for a Student Loan

To apply for a student loan in South Africa, follow these steps:

  1. Identify your loan provider: Choose between NSFAS, a bank, or a private lender.
  2. Gather necessary documents: ID copies, academic transcripts, acceptance letters, and income statements.
  3. Complete the application form online or at a branch.
  4. Await approval: Some banks offer instant decisions, while NSFAS can take a few weeks.
  5. Receive disbursement: Funds are typically paid directly to the institution or your account, depending on the lender.

Loan Amounts and Repayment

The loan amount you can receive depends on your chosen lender and financial need:

  • NSFAS: Covers full tuition, residence, books, and a personal allowance. The loan becomes a bursary if you pass all your courses.
  • Banks: Can provide up to R120,000 or more annually, depending on tuition costs and credit history.

Repayment usually starts after graduation or once you start earning an income. Bank loans may require interest-only payments during your studies. NSFAS repayment only begins when you earn above a specific income threshold.

FAQs on Student Loans in South Africa

1. Can I apply for a student loan without a parent or guardian?

For government loans like NSFAS, yes. But most banks require a financially responsible co-signer, especially for students without an income.

2. Is NSFAS a loan or a bursary?

NSFAS starts as a loan, but it converts to a bursary if you meet academic performance requirements. This means you may not have to pay it back.

3. What is the interest rate on student loans?

Private banks offer competitive rates between 5% and 12%, depending on the applicant's credit profile. NSFAS charges a much lower interest rate, usually linked to inflation.

4. What happens if I fail my courses?

If you’re funded by NSFAS and fail, your loan won’t convert into a bursary, and you’ll need to repay the full amount. Banks may continue charging interest, and your co-signer may be held liable.

5. Can I use a student loan to pay for accommodation and laptops?

Yes. Both NSFAS and many bank student loans cover costs beyond tuition, including housing, meals, textbooks, and electronic devices like laptops or tablets.

Final Thoughts

Student loans in South Africa offer a much-needed financial lifeline to thousands of students every year. Whether you're applying through **NSFAS** or a private bank, ensure you understand the **terms, interest rates, and repayment conditions** before signing any agreement. Make informed decisions today to secure your academic and financial future tomorrow.

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