Enniscorthy Guardian

Count on Enniscorth­y Credit Union to help with the cost of Third Level

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WITH third level education costs continuing to spiral in Ireland, the financial pressure of putting a child through college continues to take its toll on household budgets. A national survey in 2018 found that eight in ten parents said they struggled to cover the costs of their child’s third level education

For students themselves, financial issues are also a huge concern. The same study found that six in ten reported money issues and debt to be their biggest concern while at college. Two thirds of students said financial worries were negatively impacting their overall college experience, while 66% said they were working through the college year to help make ends meet.

Enniscorth­y Credit Union has always been on hand to help both parents and students with meeting the costs of education. Enniscorth­y Credit Union is offering our Education loan at a very affordable 6% (6.2%APR).

At Enniscorth­y Credit Union we understand that it can also be a stressful time. We would really encourage any parents and students struggling to cope with third level costs to talk to us here at Enniscorth­y Credit Union, where our friendly staff are on hand to assist. Our education loan, like all the loans we offer, has no hidden fees or transactio­n charges, and no penalties for paying the loan back early. We are also happy to offer the loan to brand new members, or those members who might not have interacted with us for years, as well as our existing members.

If you will be starting college for the first time this year and you are not a member, then do join us to be eligible to borrow if needed, but also to enter our annual Brenda O’Neill Scholarshi­p Draw, which will be launched in August 2019. We give out €9,000 each year to members who are first time students in this free draw!

If you won’t have a college student in the family for a few years yet, now is the perfect time to start putting a bit aside. Join us in Enniscorth­y Credit Union and save regularly by direct debit, EFT or by calling in to any of our offices.

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