Going to college is an exciting time but it can also be very stressful for both students and parents. The increase in third level registration fees combined with the very significant day-to-day costs of going to college are forcing many to borrow in order to meet these costs, according to St Colman’s Credit Union.
Gerry Kelly, manager of St Colman’s Credit Union, said: “The significant cost of third level education puts phenomenal pressure on both parents and students starting or returning to third level education this year. The student registration fee combined with monthly rent and bills, books and materials, food, and everyday expenses are a significant financial burden to many families.”
St Colman’s Credit Union wants to ease the financial burden which third level education places on students and their families which is why it is offering an incredible student loan rate of 4.9 per cent (APR 5.03 per cent ). Not only is it offering a great rate for student lending, but this year also marks the launch of The Credit Union’s Education Bursary.
The St Colman’s Credit Union Education Bursary gives one lucky member the chance to win his/her college fees (up to the value of €3,500 ). To enter the bursary, students must be members but the credit union is welcoming new members to enter the competition also. Application forms can be obtained from the office or online at www.claremorriscu.ie Terms and conditions apply. For more information on student loans or the bursary you can also call the credit union on (094 ) 9371159.
St Colman’s (Claremorris ) Credit Union is regulated by the Central Bank of Ireland.