Education Loan Scheme

Re-member your first… day at college? 

“I joined Member First CU when I was 17. I started by saving €20 a week which came in very handy when I applied for a college loan to go to DCU. I had a part time job which paid for my day to day expenses. The Education Loan paid for everything else – books, fees etc. I find Member First CU great. Many of them know you by name which is really nice. They’ve helped me so much in the last seven years. I’d be lost without them.”

~ Anna Maloney

Want to hear more of Anna’s story? Listen here

 

We recognise that third level education can be a financially challenging prospect. Whether you’re a student, mature student or parent of a student, we can ease the financial burden by enabling you to borrow the amount you need, when you need. An education loan from Member First Credit Union is an investment in you or your child’s future.

 
Why take out an education loan from Member First CU?

• 24 Hour Loan Approval
• Preferential interest rate
• Establishes a credit history which can help younger members later in life
• Flexible repayment options
• FREE loan protection insurance*
• No transaction fees or penalties for early repayment
• Interest is calculated on the reducing balance

 

Promotional Education Loan 7.99% (8.29% APR*)

Representative Example

Loan Amount Variable Interest Rate Monthly Repayments over 5 Years Total Interest Payable
€5,000 7.99% (8.29% APRC*) €101.36 €1,078.63

 

 

*APRC = Annual Percentage Rate of Charge

Normal lending criteria, terms and conditions apply.