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 300 loans totalling almost €1,000,000 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
 
4.9% Apr

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How To Apply

Loan application process with Altura Credit Union will differ depending whether you are an existing Member of Altura CU or not yet.

I have an Account

Once the student has an account, and received an offer, ensure there is at least €60 in savings. Now proceed to 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 bring?

  • You will need to provide proof of the course offered (CAO offer).
  • Proof of the fees (Letter or email)
  • Proof of Income (If any)
  • Proof of proposed Guarantor’s income (3 x payslips)

I DON'T have an Account

The Student needs to open an account. The Student needs to call into any of our offices, go to the counter tellers with the following documents.

What to bring?

  • Valid Photo ID
  • Recent Proof of Address
  • Proof of PPSN (Not a Public Services Card or Social Welfare Card)
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. 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.

2166 92.4%

Loans Approved

196 29.0%

Loans Applied Online

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