Loans Student Loan

Student Loan

Whether you’re looking for THE ‘need to upgrade my tech’ STUDENT LOAN, or THE ‘can’t ask my parents for another dig-out’ STUDENT LOAN, come and talk to your local credit union.

  • No hidden costs or administration fees
  • If you pay off your loan early or lodge a lump sum we don’t impose an interest penalty on you
  • Free life cover on your loan (subject to terms & conditions)
  • Fair and honest interest rates

Rates on Offer

Smart Option Student Loan Rate 7.99% (8.29%)

Standard Rate 9.99% (10.22%)

What will I have to repay?

What do I need to apply for a Loan?

Smart Option Student loan

Want to cover the cost of your college fees until you graduate?

Well you can, with a fixed repayment and a term that suits your pocket.

Let us help you with a student loan from Ashbourne Credit Union.

How it works?

We will assess you for the full amount of your course. Each year we will release the annual cost to cover each year’s fees. A meeting will be conducted with a loan officer each year for an update on your circumstances. As some students may not be in employment throughout their college years, we may require a guarantor.

How is this loan structured & what will it cost me?

The maximum amount you can apply for is €12,000 with a maximum loan term of 7 years with a repayment of €186.99 per month. The repayment will remain at €186.99 for the duration of the loan and is structured as follows:


Example 1

Amount €3000

Term 18 months

Rate 7.99%Variable (8.29% APR)

Repayment € 186.99 per month

Total amount repaid: €3183.63

Example 2

Amount €6000

Term 37 months

Rate 7.99%Variable (8.29% APR)

Repayment € 186.99 per month

Total amount repaid: €6773.04

Example 3:

Amount €12,000

Term 84 months

Rate 7.99%Variable (8.29% APR)

Repayment € 186.99 per month

Total amount repaid: €15,706.94

What do I need to supply?

  • Proof of earnings (payslips etc.)
  • 3 months up to date bank statements
  • Length of your course/total cost.
  • Credit Check consent

Please note that a guarantor will be required to supply the same documentation

What happens if I do not return to college?

In the event that you do not return the following year, the remaining balance cannot be drawn down and the balance owed at that time will have to be repaid in full.

How do I apply?

Please call into our office on Monday-Saturday 9.30-4.30pm, contact us by phone on

01-835117 or simply apply online!

Did you know we do two Bursaries each year to help students with their college fees

Contact Us
  • Tel:
  • Fax:
  • Email:
  • Address
  • (01) 835 1177
  • (01) 835 3213
  • Main Street, Ashbourne, Co. Meath
Opening Hours
  • mon
  • tue
  • wed
  • thu
  • fri
  • sat
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30

*Closed on Bank Holiday Weekends

St Declans (Ashbourne) Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 294CU