Varsity College Fees Structure 2022/2023

By | February 17, 2022

Varsity College Fees Structure 2022/2023

Varsity College Fees Structure – Read full details below:

To learn about fees such as application feeadmission 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:

  1. Pay all fees up front.
  2. Also pay a deposit at the beginning of the year and the balance of the fees over a specified period.
  3. 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.

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

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