Third level education costs continue to take their toll on students in Ireland. New research shows that more than two thirds struggle financially while at college. With finance such a huge aspect of third level life, a large number of students, or their parents, will need to borrow to meet costs.
Athlone Credit Union’s Head of lending Liam Flannery explains that they want to do as much as possible to ease the financial burden of third level.
“We are keenly aware of the huge financial burden that third level education places on students and their families in the Athlone area.
"We understand that because of the significant costs involved, many have no option but to borrow. We ensure that if they borrow from us, it is a stress-free loan. We are always happy to work with students to ensure loan repayments are structured in the best way possible for their circumstances. There are never any hidden payments or transaction fees with a student loan. Nor are there any penalties for repaying the loan early," said Mr Flannery.
“Not only that, but we are ethical lenders at Athlone Credit Union. This means that we will never recommend that the student borrows more than they can repay. We are not-for-profit so our only motive is to help the student. So, we would really encourage students in the Athlone area to come and chat to us if they are in need of a loan to get them through college.”
