Easing the burden of college and apprenticeship costs with People First Credit Union

Recent findings from a national survey by the Irish League of Credit Unions show that nine in ten parents plan to support their children financially through college, yet eight in ten expect to struggle with the cost.

These figures underscore the pressures families face, and why the combined Educate 360 Loan and Scholarship Award from People First Credit Union come at a critical time.

With registration fees reaching up to €3,000, People First Credit Union CEO noted that this financial strain is impacting household budgets and urged families not to face it alone.

“We encourage parents and students to talk to us,” the CEO said. “Our friendly staff are ready to assist with budgeting advice or to discuss our great value student loan.”

At People First Credit Union, the Educate 360 Loan is a dedicated financial solution designed to ease the burden of third level education, including apprenticeships. With one of the lowest interest rates available (6.5 %, or 6.7 % APR representative), and flexible repayment terms including weekly, fortnightly, or monthly options, it covers far more than tuition.

Whether you need funds for tools, equipment, travel costs, rent, books, or other educational costs, our Educate 360 Loan has you covered—with no repayment required until the funds are drawn down and no early repayment penalties.

This loan isn’t restricted to traditional students alone, whether you’re returning to study later in life, pursuing vocational courses, in training, or an apprentice looking to fund your tools, the Educate 360 Loan supports you.

Depending on your situation, you or a parent/guardian can apply for the loan directly at: www.peoplefirstcu.ie/loans/student-loan.

Each year, People First Credit Union also awards a €1,000 Scholarship Award to one qualifying 6th year student from each of the seven secondary schools in our common bond who are entering third level education for the first time.

These 7 secondary schools include Portlaoise College, Scoil Chriost Ri, St. Mary’s CBS, Dunamase College, Ardscoil na Trionoide, Athy College and Heywood Community School. Importantly, the award isn’t based on academic performance, it’s intended to help alleviate financial strain on families by contributing toward registration fees, accommodation, travel, and study materials.

Visit the People First Credit Union website to apply for the Scholarship Award: www.peoplefirstcu.ie/services/scholarship-award 

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