Third-Level Student Loan

Third-Level Student Loan

Every year we lend to hundreds of Students to help them achieve their educational goals. As we know this is a very expensive time, we offer Third Level Education Loans at just 4.9%* (5.1% APR). This loan has proven extremely popular with over €700,000 issued last year alone! Usually people borrow between €2,000 & €5,000 each Student’s needs are different. For example, some may be studying in the UK & require a lot more.

Example: A loan of €10,000 over 5 Years would have 60 Monthly repayments of €197.58. Total Interest Payable: €1,854.04. Total Amount Repayable €11,854.04
Third-Level Education Loan
5.01% Apr



Guarantor Information

A Guarantor will be required for Third Level Student Loans. Guarantors will be required to supply some information about their own circumstances. You can plan ahead & be prepared by completing this form and supplying us with it at the point of application.

How To Apply

To make a loan application, you must be a member. You can apply online via Online Banking, call us on 0818 345 925 or speak to us in your local branch.

I Have An Account

Once the student has an account, and received an offer, ensure there is at least €60 in Shares (savings). The fastest and easiest way to borrow is to download our app & apply for the loan/top-up in the app.

In a branch, you can attend the loans dept. Loan applications are taken on a first come, first served basis. Once you take a seat in the waiting area you will be called in, in turn. Please ensure you know how much you will need. Perhaps do a breakdown before you come in to us. We can lend for Fees, Accommodation, laptops etc. We do not lend for travel, food etc. Only for the larger expenses.

What to upload/bring?

  • You will need to provide proof of the course offered and proof of the fees (Letter or email)
  • Proof of accommodation costs
  • Proof of income (If any)
  • Guarantor to avail of open banking or provide 3 Months bank statements
  • Proof of proposed Guarantor’s income (3 x payslips) if they do not opt to use open banking (as above).

I DON'T Have An Account

The Student needs to open an account. The Student needs to download our app & open their account from home. It's Quick, Simple & Convenient to do this from the palm of your hand.

Alternatively they can call into any of our offices, but this is time consuming and there will be queueing. In either case the following documents are needed.

What to upload/bring?

  • Valid Photo ID
  • Recent Proof of Address
  • Proof of PPSN - this is required for members seeking loans. (Not a Public Services Card or Social Welfare Card)

What Next ?

Once the membership has been approved and there is €60 in Shares (savings) you can apply for a loan. Again, the fastest and easiest way is to do this in our app. Check out the 'I have an Account' section for more information.

Join On The Go

Join On The Go

You can join using your smartphone or tablet device. Simply download our Mobile App and take full advantage of joining on the go.

No time to download our app? Become a member by clicking here and speaking to a member of our staff.

*The 4.9% (5.1% APR) applies while the student is in full-time third-level education and earning less than €12,500. The Maximum amount for a Student Loan is €20,000. If these circumstances change, the standard rate of 9.25% (9.69% APR) will be applied to further top-ups & the entire loan will be brought to this rate. Warning: if you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

Loans are subject to approval. Terms and conditions apply. APR= Annual Percentage Rate

2166 92.4%

Loans Approved

196 29.0%

Loans Applied Online (June '23)

Applying for a loan is now easier than ever. Simply login to your Online Banking Account and apply today.