Student loans

Have you got a place on the college course you’ve always dreamed of?
If you’re starting out or mid-way through your third level education, a student loan can help you manage the costs.
We’ll help and support you through the process, so you can take on your dream course in your stride.

Student loan


Borrow between €600 and €50,000 – when you have a Student Plus account.


Loan terms from one to five years.


Full-time students without or with a small income will need a parent or guardian to guarantee the loan (a ‘guarantor’).


There are no penalties if you ever decide to make an extra repayment during summer holidays or at times when you’re not studying.

Student Contribution Charge loan


Borrow between €600 and €3,000 for each year of your course (up to four) to cover the cost of your Student Contribution Charge and other fees.

Make interest-only repayments while you study. When you complete your course, you will begin making full repayments. This may appear cheaper in the short term but will be more expensive over the loan term.

Loan terms up to five years after your course ends. Making minimum monthly repayments for the duration of your course (up to four years) will make your loan more expensive in the long run.

There are no penalties if you ever decide to make an extra repayment or repay your loan earlier than planned.

How our loans work

We want you to have all the information you need to borrow confidently. Here are a few points to consider.

Understanding our rates

Our student loan interest rates at 8.15% and 8.45% APR (Annual Percentage Rate) are some of the most competitive and consistent on the market, but they are variable. If your rate changes, your repayment amounts stay the same. So, if the rate rises during the loan term, you will have to make extra payments at the end of the term, and if the rate falls, you might pay off your loan sooner.

A representative example for you:

A typical €1,500 one-year loan with a variable interest rate of 8.15% and 8.45% APR (Annual Percentage Rate), where the interest rate and APR does not vary during the term, has 12 monthly instalments of €130.16 and the total cost of credit (the total amount repayable less the amount of the loan) is €61.92.

How to apply

For some of our loans, including this one, applications are by phone or in person only. That’s because we need a little bit more information in order to approve the loan. For instance, you may need a guarantor. Applications over the phone or in person take a few minutes, and we’ll help guide you through the process. Give us a call on 1 211 8658 or use our calculator to see how much you could borrow and ask for a call back.

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.