Credit Unions see rise in student loan applications

Credit Unions see rise in student loan applications

The Irish League of Credit Unions says it's seen a significant increase in the number of applications for student loans.

Third Level students seem to be anticipating higher costs next academic year, after increases to registration fees.

The ILCU says their research shows 72% of students still rely on their parents to fund their third level education, while 55% of students work.

On top of academic fees, average monthly spend - excluding rent and bills - stands at approximately €480.

Half of the students surveyed rent accommodation spend an average of €330 on rent a month, plus €70 on bills.


More in this Section

'We are risking public health by being here' - Simon Harris uneasy about Dáil sitting amid Covid-19'We are risking public health by being here' - Simon Harris uneasy about Dáil sitting amid Covid-19

Car stolen while woman delivered medication to elderly people cocooning, court hearsCar stolen while woman delivered medication to elderly people cocooning, court hears

Reagent suppliers ramping up production as demand soars 1,000%, says virus lab directorReagent suppliers ramping up production as demand soars 1,000%, says virus lab director

'Considerable deficit' expected as Covid-19 costs likely to top €8bn'Considerable deficit' expected as Covid-19 costs likely to top €8bn


Lifestyle

Design Pop rescheduled to August 28-30.Chance to expand your creative horizons at rescheduled Cork festival

From children to grown-ups, serious documentaries to frivolous fun, Des O'Driscoll offers viewing suggestions from Netflix, Now TV, and other streaming services.11 top streaming tips for isolation

For the duration of the Covid-19 crisis, The Menu continues to bring you details of all the wonderfully innovative efforts ongoing in the Irish food worldThe Menu: Everybody needs good neighbourfood

More From The Irish Examiner