Brainiarc7
With such kind of money lad you are way better off going to better places than just SA.
If you stop and redo your research again like what other lads have mentioned, i think you will get value for your money! You need to be wise with your investment coz we are talking of almost $70,000 USD!
Heck in some countries such kind of money will not only give you your CPL ME-IR license but also an instructor rating too which can be very valuable as you scout for your first job and also later as you advance with your career!