The Smarter Choice!

We provide flexible education loans at a very competitive rate to help parents and students manage the increasing cost of education. Our education loan can be used for the costs at all stages of education. Borrow what you need, when you need it.

Primary/Secondary School Loans

According to the ILCU Back to School 2017 Survey, primary school costs are €1048 (avg) and secondary school costs are €1,401 (avg.).

  • purchase of school books
  • uniforms
  • computers, laptops, tablets etc
  • extra curricular activities
  • and much more

Student Loans

Transiting to 3rd level is a major change and our student loan can help in many ways. Download our helpful monthly budget planner.

  • registration and course fees
  • bridging loan for grants
  • course materials
  • accommodation & living expenses
  • and much more

Mature Student Loans

Going back to education, whether full-time or part-time is a rewarding time, but can be costly. Our education loan can help in many ways.

  • course fees
  • post graduate / masters
  • bridging loan for grants
  • equipment – books/computer
  • and much more

How does our student loan compare to other student loans?

Rathkeale & District Credit Union offers a Student Loan at a Reduced Rate of 6% (6.17% APR), a rate Cheaper Than those offered by the banks. See our Comparison Table showing 3 different amounts. Information from and correct as per March 2018.

Institution APR Amount Monthly Repay. Cost of Credit
RDCU 6.17% 1000 over 1 year 86.08 32.94
AIB 8.5% 1000 over 1 year 87.07 44.89
Bank of Ireland 9.7% 1000 over 1 year 87.59 51.05
Institution APR Amount Monthly Repay. Cost of Credit
RDCU 6.20% 3000 over 1 year 280.99 91.25
AIB 8.5% 3000 over 1 year 261.22 134.68
Bank of Ireland 9.7% 3000 over 1 year 262.76 153.16
Institution APR Amount Monthly Repay. Cost of Credit
RDCU 6.20% 6000 over 1 year 561.97 182.53
AIB 8.5% 6000 over 1 year 522.45 269.35
Bank of Ireland 9.7% 6000 over 1 year 525.53 306.32

Loan Calculator

Types of loans available
Amount you'd like to borrow (€)
Repayment term
For how long (years)

Each repayment will be:
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Calculator is based on our current lending rates and is only intended as an indication of payments. Lending is subject to a current assessment. T&C’s apply.

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How To Apply

We try to make our loan application process as easy and stress-free as possible. We have a number of different application options. Firstly you need to be a member of the credit union. Joining is easy – click here to find out more!

In Branch

You can apply in any of our branches at anytime. There is no need to make an appointment.

Click here to view the opening hours of our 3 branches.

Over The Phone

You can call us and we will talk you through the process.

Rathkeale: 069 64444 | Adare: 061 396 790 | Croom: 061 397 783


You can apply for loans through our CU Online Banking facility.


What Do I Need To Apply

We aim for quick decisions. All our applications are treated confidentially and on their own merits. The key consideration is a member’s ability to make the loan repayments over the term of the loan.


  • 3 most recent receipts of any income you receive (payslips, social welfare, children’s allowance, pension)


  • PPSN Number


  • Self Employed: your most recent set of accounts.

Financial Statements

  • 3 most recent months of your bank statements. Your statements should show your income and any mortgage / rent or other loan payments you may have.


  • Self Employed: 6 months of your business bank statements, dated as close to your application as possible.


  • You can print your bank statements in our branches. Remember to bring your bank account login details.

Additional Information

  • Proof of Address: A utility bill or bank statement showing the address of your current residence. This must be dated within the last 6 months.


  • Photographic ID: Current Drivers Licence or Passport. We may already have these on file for you.


  • For 3rd level and mature courses you will need to provide proof of your course – eg: college acceptance letter


  • A suitable guarantor may be required.

Click here to read about the Central Credit Register.
Loan criteria, terms and conditions apply. Rathkeale & District Credit Union is regulated by the Central Bank of Ireland.