3.4. Study allowances (South African Resident Individuals)

3.4.1
Individuals proceeding abroad for study purposes may avail of the R1 million single discretionary allowance. Spouses accompanying students also qualify for the aforementioned facility.

Students may also export any household and personal effects, including jewellery (but excluding motor vehicles), up to a value of R200,000 per student under cover of the prescribed SARS Customs Declaration.

In addition to the foregoing, Authorised Dealers may transfer directly to the institution concerned the relative tuition and academic fees for the academic year, against documentary evidence confirming the amount involved.

Students under the age of 18 years also qualify for a study allowance to pay for costs associated with their studies abroad as well as a travel allowance of R200,000 per calendar year.

To avail of this dispensation, residents must produce to an Authorised Dealer:

• (a) documentary evidence from the institutions concerned confirming that the student has been enrolled for a course for the period claimed; and
• (b) evidence of the tuition and academic fees in the form of a letter or prospectus from the institution to be attended.

3.4.2
Should a student require a continuation of the above-mentioned transfers during a period following the initial 12 months, fresh documentary evidence complying with the requirements of 3.4.1 (a) and (b) above must be submitted to an Authorised Dealer.