Absa and Feenix Trust unlock economic opportunity by clearing student historical debt for graduates
For many South African students, completing a qualification does not automatically mean stepping into the next chapter of life. Each year, thousands of students finish their studies but cannot graduate because of unpaid university fees from previous academic years. This unpaid balance, known as historical debt, refers to outstanding student fees owed to universities that prevent students from receiving their certificates, accessing official transcripts, or formally graduating. Without these documents, employment opportunities are delayed and years of academic effort remain stalled, not because students lack ability, but because debt stands in the way. Through a partnership with the Feenix Trust, Absa is able to provide assistance in addressing this final obstacle by clearing historical student debt at selected public universities. By settling verified debt directly with participating institutions, subject to eligibility criteria, the partnership aims to remove the final bar...
