Freedom Student Loan
…to get you started

A Loan that suits your from the Credit Union you trust.

Gurranabraher Credit Union understand that our members need different things at different stages in their education journey. This is why we have introduced our Freedom Student Loan to help students to take the pressure off

Who can apply for a Freedom Student Loan?

The Freedom Student Loan is available to any Gurranabraher Credit Union member enrolling or currently enrolled in any full time third level education course.  Courses must have a minimum duration of at least one academic year.

Freedom Student Loan Benefits

  • When you receive a loan from us you will find many advantages in comparison to other institutions:
  • The interest rate you pay will be reasonable (Currently 7.5% A.P.R.) and interest will be payable on the reducing balance of the loan
  • Easy application process and a quick decision
  • No Hidden fees
  • No Early Redemption Penalties
  • Potential to receive a rebate of Interest paid (12.5% paid in 2018)
  • Your repayments will be tailored to meet your own personal circumstances
  • Your loan will be insured at no direct cost to yourself
    (For terms and conditions. Click here )

GURRANABRAHER CREDIT UNION STUDENT LOANS

THE KEY DETAILS

 MASTERS LOAN3rd LEVEL LOANBACK TO SCHOOL LOAN
What?Student loans for postgraduate Masters degrees in all subjects, including taught and research programmes.  Available for full-time,part-time and distance learning courses.Student loans for all CAO recognised courses in all subjects.  Available for full-time, part-time and distance learning courses.Student loans for primary and secondary school costs
How much?Up to €20,000, payable in installments over the term of the course.  Part-time loans capped at €5,000 per year.Up to €20,000, payable in installments over the term of the course.  Part-time loans capped at €5,000 per year.Up to €1,000 per annum
Who?Gurranabraher Credit Union MembersGurranabraher Credit Union MembersGurranabraher Credit Union Members
Where?Any Irish universityAny CAO recognised courseAny CAO recognised course
When?For courses beginning on or after 1st August 2016For courses beginning on or after 1st August 2016For courses beginning on or after 1st August 2016
Restrictions?Max loan term of 5 years.
Guarantor maybe required.
Any course fees must be made
payable directly to the relevant
Educational Institution.
Loan must be separate from
any other loans with the Credit Union.
Subsequent draw downs subject to
loan repayments being up to date.
Max loan term of 5 years.
Guarantor maybe required.
Any course fees must be made
payable directly to the relevant Educational Institution.
Loan must be separate from
any other loans with the Credit Union.
Subsequent draw downs subject to
loan repayments being up to date.
Max loan term of 12 Months. Loan must be separate from any other loans with the Credit Union.
Applications?Apply here or drop inApply here or drop inApply here or drop in
Interest Rate?Special loan rate appliesSpecial loan rate appliesSpecial loan rate applies