Education Loan for Students - Apply Online - Member First Credit Union

Education Loan

A loan to cover expenses from your fees, laptop and books to travel and new experiences.

A loan to cover expenses from your fees, laptop and books to travel and new experiences.

Whether you’re a student, a mature student or parent of a student, talk to us about an Education Loan, and learn about all the ways we can make those financial challenges less challenging.

Whether you’re a student, a mature student or parent of a student, talk to us about an Education Loan, and learn about all the ways we can make those financial challenges less challenging.

Variable Interest Rate starting from 7.99%

Borrow starting from €500-€50K

Spread Payments over 1-10 years

Why get an Education Loan with MFCU?

End to end online loan process

Take the benefit of our new online loan process. Apply for an education loan within minutes from our website.

Reducing Balance Interest

The interest is calculated on a reducing balance. This means that your interest repayments will decrease as your loan amount decreases.

Flexible Repayment Schedule

Choose between weekly, fortnightly or monthly repayments.
No extra charges for early repayments.

Loan protection insurance at no extra cost * (T&C)

Get a built-in insurance with member first credit union education loan. (Designed to protect your dependents in case of extreme circumstances).

Competitive Interest Rate

The Education loan with MFCU comes with no hidden costs or charges. You won't need to pay any deposits or lump sum payments.

Quick Loan Approval

We aim to come back to you with a decision within 24 hours of receiving your loan application and supporting paperwork. We approve 98% of all loan applications

EDUCATION LOAN REPRESENTATIVE EXAMPLE

                              

LOAN AMOUNT

 €5000

VARIABLE INTEREST RATE

 7.99% (8.30% APR)

MONTHLY REPAYMENTS (10 Y)

 €101.30

 TOTAL INTEREST PAYABLE

 €1078.63

                          

*APR = Annual Percentage Rate. Normal lending criteria, terms and conditions apply.

                   

REGISTRATION

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Other Loan Products

Click here for Education Loan Terms and Conditions

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