Varsity College Fees Structure 2022/2023
Varsity College Fees Structure – Read full details below:
To learn about fees such as application fee, admission fee, tuition, and scholarships for IIE’s Varsity College Programs, read full details below. If you have questions after reviewing this information, you may contact the Institute’s Admissions Office for more details.Fees structure 2022
A number of finance options are available to eligible prospective students and their parents. This section will guide you through these options and demonstrate just how possible it is to finance your studies.
The Options
At Varsity College there are three options for paying for your studies:
- Pay all fees up front.
- Also pay a deposit at the beginning of the year and the balance of the fees over a specified period.
- Pay a fixed instalment over a specified period of time (no deposit payable).
Program fees at Varsity College vary depending on the program you have registered for. The Schedule of Fees provides details of the fees payable for each program, and is available from any Varsity College campus. All fees exclude text books, the cost and purchase of which you are responsible for.
Varsity College Fee Structure 2022/2023
It is expected that every concerned student should endeavor to check the schedule of fees, so as to be sure of the exact amount.
Before applying as a student, you will have to establish whether or not you will have funds to finance your studies. In addition to the actual course/module fees, please keep in mind that you have to make provision for books, equipment if applicable to your program, transport, accommodation and general living expenses.
In some cases, Varsity College Fee Structure may vary based on different years/levels in the institution. Though, In most cases, it is based on the program of study You choose
Notes:
Varsity College (Varsity College do not have any third party school fees payment method, all fees must be paid using the recommended medium of payment by the institution. If you’re ever in doubt about Varsity College fees payment, be sure to contact the institution.
Please consider the safety of our cashiers and make direct bank payment instead of cash payments at the campus. Use the student number as reference.
How does a student loan work?
Student loans are provided by registered financial institutions such as banks. These loans are structured in such a way that, during the time you are studying, all that needs to be paid on a monthly basis is the interest accrued on the amount you have borrowed. Only once you have completed your studies and enter the working world will the capital and interest on your loan need to be repaid. The amount of R60, 000.00 has been used for illustrative purposes only and is not for a specific Varsity College program. Interest rates, chosen deposits and monthly repayments will vary in accordance with different lending institutions’ policies and repayment terms.
MONTHS |
PROGRAMME CASH FEE |
INTEREST RATE |
BANK MONTHLY PAYMENT |
|---|---|---|---|
| R60,000.00* | 17% | ||
| Month 1-12 | R850.00 | ||
| Month 13-24 | R1,750.00 | ||
| Month 25-36 | 2,550.00 | ||
| Month 37-96 | 4,473.46 |
* The amount of R60, 000.00 has been used for illustrative purposes only and is not specific for any Varsity College programme. Interest rates and monthly repayments will vary in accordance with different lending institutions’ policies and repayment terms. For illustrative purposes we have not accounted for fee increases.
To qualify for a student loan, you will need to provide your bank with certain information, so that they can assess whether they are willing to grant the loan. The bank will insist that there is someone (normally a family member or a guardian) who will stand surety for the debt, and will also require proof that they have sufficient income to cover the monthly repayments. The interest rate that the bank offers may vary depending on the bank’s assessment of the surety.
FULL TIME 2022 FEES SCHEDULE
|
IIE Qualifications |
METHOD A Full Settlement |
METHOD B1 10 Instalments |
DEPOSIT |
METHOD B2 3 Instalments |
METHOD B3 6 Instalments |
School of Management Programs |
|||||
| IIE Bachelor of Commerce Honours in Management |
66 800 |
7 340 |
21 000 |
15 810 |
8 110 |
| IIE Bachelor of Commerce |
88 800 |
9 760 |
27 000 |
21 330 |
10 940 |
| IIE Bachelor of Commerce in Entrepreneurship |
88 800 |
9 760 |
27 000 |
21 330 |
10 940 |
| IIE Diploma in Commerce in Business Management |
60 300 |
6 630 |
19 000 |
14 260 |
7 320 |
| IIE Diploma in Sport Development & Management |
75 200 |
8 270 |
23 000 |
18 020 |
9 250 |
| IIE Higher Certificate in Business Principles and Practice |
70 400 |
7 740 |
22 000 |
16 710 |
8 570 |
| IIE Higher Certificate in Event Management |
70 400 |
7 740 |
22 000 |
16 710 |
8 570 |