Student Loan 6% (6.2%APR)


We're delighted to announce the launch of our new Student Loan rate! Our 6% (6.2%APR) Student Loan rate is one of the lowest rates available! For most people, the transition into third level education is a major change. Whether you’re living at home with your parents, in digs, an apartment or a house-share, student life means a whole new way of living. You have more choices to make - when to work, when to have fun, how to look after your money.

No matter what your student loan is for - from keeping you going day-to-day or The "my studies come first" Loan your credit union will ensure everything is clear, transparent and straightforward. Avail of one of the lowest rates on the market 6% (6.2%APR)!

The benefits of a 6% (6.2%APR) Student Loan with us;

• There are no administration charges, hidden fees or transactions charges.
• You benefit from loan protection at no added cost (terms and conditions apply).
• Repayments are calculated on your reducing balance, so you pay less interest with each repayment.
• In the event of your death, your credit union loan is insured - subject to terms, conditions and eligibility criteria - at no direct cost to you.
• You can pay off your student loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!

Use our student loan for;

• Tuition and registration fees
• Accommodation costs
• Living expenses
• Laptops and course materials

If you’re going back to college. You know accommodation is difficult to find, so why not get ahead of the rest and use your credit union to pay the deposit until your SUSI grant comes in, last year’s student card will do as proof of it being a student loan for the current year.

Loan Enquiry Form

If you wish to enquire about a loan with St.Michael's Credit Union, please fill in and submit the form below and a member of staff will be in touch

Your Name (required):

Your Email (required):

Loan Amount:


Are you a Member of St.Michael's Credit Union?:


The Tony Burke Student Bursary of €1,500!


Be sure to apply for this €1,500 student bursary!

Download the application form here.