Student loan – 6% Variable (APR 6.17%)
“Let us take the stress out of college with a low rate Student loan”
Whether you’re just beginning your third level journey or going back to study something new talk to us today about a student loan. We advise members to apply early and loan can be drawn down up to 2 months after approval.
Why choose a Letterkenny Credit Union Student loan
- No hidden costs or administration fees
- No penalty for early payback, you can pay the loan off early or make lump sum payments with no additional charges
- Free life cover on your loan (subject to terms & conditions)
- Low-Cost Loan- affordable loans
- Flexibility to repay your loan with terms of up to 10 years
- Repayments to suit you – weekly, fortnightly, 4-weekly or monthly
- Fast and efficient service
Terms & Conditions
- Applications are open to all students of Third Level Courses (including Mature Students)
- Evidence of the purpose of the loan is required.
- Maximum loan amount: €60,000
- Where the student does not have a regular income, a co-borrower is required.
APPLYING FOR YOUR LOAN IS EASY
Please contact our dedicated loans team to get details on what supporting documentation is required for your application.
Email: Loans@letterkennycu.ie
Phone: 074 91 02 126
Then
Apply through your cu online members area
Apply through the Letterkenny Credit Union App
Apply in person
REPRESENTATIVE EXAMPLE
| Student Loan Amount | Term | 120 monthly Repayments | Total Amount repayable |
| €30,000 | 10 years | €333.06 | €39,960.40 |
Representative example correct as at 18.09.24