Loans New Student Loans

New Student Loans

Reduced Rate Student Loan

With third level education becoming more expensive we have introduced a new reduced rate on Student Loans with an interest rate of 5.9% (APR 6.08%)

What are the benefits?

  • Reduced rate on a Standard Variable Loan
  • Parents/guardian of a student can take out the loan on their behalf
  • Frequency of repayments available: weekly, fortnightly, monthly & quarterly
  • Free Loan Protection Insurance
  • No fees or charges for early repayment

Loan Calculator

Loan sample weekly repayments

1 Year

2 Years

3 Years

4 Years

5 Years

2,000 €39.63
4,000 €79.25 €40.79
6,000 €61.19 €41.98
8,000 €55.97 €43.19
10,000 €69.97 €53.98 €44.42

Loans are calculated at our Student Loan rate of 5.9% (APR 6.08%)

To view what you will need to take out a student loan see below.

Student Loan Requirements

Click to DownloadDownload Loan Requirements (601.4kb)

The membership application form is a PDF document and Adobe Acrobat Reader is required to the view it. Adobe Acrobat Reader can be downloaded for free by clicking on the Get Acrobat Reader icon.


Contact Us
  • Tel: 041 9838496
  • Fax: 041 9835684
  • Email:
  • Clarke House, Laurence Street, Drogheda, Co. Louth
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Drogheda Credit Union Ltd. is Regulated by the Central Bank of Ireland. Reg No. 23CU