Loans Education Loan

Education Loan

We recognise that further education can be a financially challenging prospect. Whether you’re a student, mature student or parent of a student, we can ease the financial burden by enabling you to borrow the amount you need, when you need.

Our Student Loan rate of 7.5 % is one of the best on the market today and we can tailor a flexible and affordable repayment solution that suits your current circumstances.

Why a Sarsfield Credit Union Education Loan is different;

  • There are no hidden fees or transaction charges.
  • Up to 3 Months Pre Approval.
  • Our interest rates are fair and reasonable compared to others in the market.
  • Repayments are calculated on your reducing balance, so you pay less interest with each repayment.
  • Your credit union loan is insured - subject to terms and conditions - at no direct cost to you. Other lenders charge for this.
  • You can pay off your 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!

How do I apply for an Education Loan?

To get your Student Loan today, please choose one of the following options:

For existing members

For fast approval of a standard loan please provide:

  • Proof of Income (3 most recent payslips or social welfare receipts).
  • 3 Months Bank Statements. (including the most recent transactions)
  • 3 Months Credit Card Statements.
  • Proof from School, College or University confirming the cost of the course you are pursuing.
  • Your consent to undertake an Irish Credit Bureau check with your loan application.

Loans are subject to approval. Terms & Conditions apply.

Not a member?

If you are not already a Member of Sarsfield Credit Union, you can easily open an account at our branch in Glentworth Street.

Please bring the following documentation with you:

  • Photographic ID (e.g. a current Driving Licence or Passport)
  • Proof of Address (e.g. a utility bill, government letter or bank statement dated within the last 6 months)
  • Proof of PPSN (e.g. Public Services Card, Medical/Drugs Payment Scheme Card, P60, P45, or correspondence from Revenue)
  • If not living in the area, proof of working in the area

Joining is Easy! It takes about 20-25 minutes.

To be eligible for membership of Sarsfield Credit Union you must fall into one of the following categories:

  • Live within our common bond area
  • Work in Limerick City
  • A family member who was a member of the Arch Confraternity
  • Live with a relative that is already a member
  • Letter from School, College or University

Representative Example

Borrow €1500 over 12 months, repay €29.96 per week, total amount payable (including interest of €57.87) is €1557.87. APR is 7.8%.


Contact Us
  • Sarsfield Credit Union
  • Tel: 061 317 910
  • Fax: 061 319 731
  • Email:
  • Web: www.sarsfieldcu.ie
  • Address: Glentworth Street, Limerick
Contact Us
  • Tel:
  • Fax:
  • Email:
  • Address:
  • 061 317 910
  • 061 319 731
  • Glentworth Street, Limerick
Opening Hours
  • mon
  • tue
  • wed
  • thu
  • fri
  • 10:00-16:00
  • 10:00-16:00
  • 10:00-16:00
  • 10:00-16:00
  • 10:00-17:00

We are open throughout lunch.
Call in and talk to us today.

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Sarsfield Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 166CU