Credit Union Student Loan

Great value loans

Interest calculated on reducing loan balance

Over €127,000

Donated via student bursaries

6% Rate

Low 6% (6.17% APR) loan rate

Free Current Account

Free student current account

Credit Union Student Loan

If you’re looking for a student loan, talk to us. We understand that third-level education is expensive, but we also believe that it is an investment in your future and the future of our community. That’s why we offer student loans that are tailored to your individual needs. Apply for a Credit Union student loan today and start your journey to a brighter future.

You can also use our handy loan calculator to work out an affordable repayment plan. We also do fee-free student current accounts – click here to find out more, and don’t forget to check out our helpful and informative Student Money Management Tips blog post!

Why choose our Irish Student Loan

  • Low 6% (6.17% APR) discounted interest rate
  • No set-up fees or hidden charges
  • Tailored student loans to suit your repayment ability
  • No penalties for early repayment
  • Free Loan Protection Insurance (T&C apply)
  • Interest calculated only on the outstanding balance of the loan
  • Free student current account

infoApply for a student loan today (Members and non-members are welcome to apply).

Loan calculator

Loan Type
Decrement Amount
Increment Amount
Decrement Term Increment Term
  • Weekly Total Interest
  • Fortnightly Total Interest
  • Monthly Total Interest
APR means Annual Percentage Rate. The repayment amount quoted in the student loan calculator above is for illustrative purposes only, and to provide you with an overview of the potential cost of borrowing. Restrictions may apply.

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. If you are experiencing difficulty repaying your loan, or believe you may in the future, please click here.


Why choose a Credit Union student loan?

At the Croí Laighean Credit Union, we know that your time in college should be about learning, growing, and moving toward that dream career – not worrying about the cost of funding your time in college or university. That’s why we have a low-rate Irish student loan and offer repayment terms for up to 5 years at a discounted rate of 6% (6.17% APR). Use our handy loan calculator to tailor your loan to suit your repayment ability.

Do I need a student loan?

A student loan can be used to bridge the gap before receiving a grant, for buying equipment, for college/university fees, or for rent. With a Croí Laighean Credit Union Student Loan, you can pay it back early with no fear of additional penalties or charges.

What’s the limit on a Credit Union student loan?

The maximum you can borrow is up to €70,000, and for up to 5 years. You may require a guarantor if you don’t have a regular income source. The best advice is to talk to us, we will always work with you.

Is the student loan available to overseas students?

To avail of our Irish student loan, you must live, work, or study in our common bond. If you are relocating to an address within our common bond, or plan on studying in our common bond, please contact us to discuss your loan requirements.

Repayment Example:

A loan of €6,000 over 5 year period would cost €117.69pm at a variable rate of 6% (APR 6.17%). The cost of credit is €942.20 and the total amount repayable is €6,942.20. Variable rates may increase which would cause the cost of credit to increase.

While every care has been taken in the production of this web page, the Credit Union, or any of its staff, cannot be held responsible for any omissions, errors, or other mistakes on the site. The loan calculator is for illustrative purposes only, and to give you, the borrower, an overview of the potential cost of borrowing.

Loan amounts and 99% approval rate are based on figures from 2020. Rates are correct as of 1/02/2022 and are subject to change. Croí Laighean Credit Union is regulated by the Central Bank of Ireland.

Apply for a Student Loan in 3 Easy Steps