All about our Education Loan
Monday, September, 21st, 2020 in Credit Union News
At Enniscorthy Credit Union, we know college should be about learning, growing, and inching toward that dream career – not worrying about the burden of education costs.
That’s why our Education loan is one of the cheapest student loans in the country. It’s why we also offer support in the form of the Brenda O’Neill Scholarship Draw each year to help out our student members and their families.
If you need a loan to help the student in your family but don’t know where to start – look no further, we would be more than happy to help.
How our loan works
The Education Loan that we offer is normally taken out by the students parents along with the student themselves, or by a mature student.
Our Education Loan is at a very low rate, has no hidden fees and you can pay back the loan however suits you – with no penalty for paying off a lump sum, like when you receive a Grant payment.
We approve 94% of the loans applied for – We Like to say YES!
Our Education Loan Rate
Our Education rate is one of the lowest rate you will find at just 6%(APR 6.2%). See table comparison below:
We are a Not for Profit co-operative whose priority it is to provide fair and reasonable credit to our members. When you take out a loan with us, you help us give back to support a variety of community activities – from local schools, local charities, community groups and sports clubs.
How can you work out repayments?
We have a fantastic Loan Calculator see below – first select the loan you want, then select the amount you want to borrow and over how many months.
∗Terms & Conditions Apply. All figures given on this website are for your general information only, and give a rough guide to loan repayments. Any statements on this website do not purport to be authoritative or legally binding. You are advised to check with our offices for up-to-date rates and offers.
Your loan details have been captured and will be submitted with your enquiry.
What is needed for the Loan
Check out our Education Loan for the full list of requirements here . We need proof that you can repay the Loan – it will depend on who is applying but our staff will be able to tell you exactly what is needed – please contact us on 053 9233835 if you have any questions at all.