Tipperary Credit Union – Here to help with back-to-school costs.

Despite the pandemic lockdowns and children being home-schooled for the early part of the year, back-to-school spending is already on the minds of parents as they prepare for the new school year.

The latest Irish League of Credit Unions (ILCU) survey on back-to-school costs shows the overall spend on school items is up for both primary and secondary schools. The cost of sending a child to primary school this coming year is just shy of €1,200 at €1,186, up €65 on last year, while parents of secondary school children can expect to pay an average of €1,491, up from €1,467 last year.

Pat Shanahan CEO of Tipperary Credit Union said the credit union is aware that covering the costs of back to school can be a big struggle for parents “We are aware that back to school costs can place huge financial pressure on families. We want to reassure parents in the Tipperary and Limerick community that the Credit Union is here to help, anyone who needs help, be it with budgeting for the back-to-school spend or taking out a loan to help cover the costs. We understand that these costs can be a financial burden.”

“Our message to our members would be to come and talk to us here at Tipperary Credit Union. We endeavour to meet parent’s financial needs and are here to lend a helping hand to cover the costs of back to school. We have a special back-to-school loan available with an APR rate of 6.6%*. Our loan is typically approved within 2 business days and there are no hidden transaction fees or charges. As always, we are happy to structure repayments in a way that suits individual circumstances. We are more than happy to assist anyone who might need a little extra financial assistance at back-to-school time.”

* For a €1,500 1-year variable interest rate loan with 53 weekly repayments of €29.81, an interest rate of 6.4%, a representative APR of 6.6%, the total amount payable by the member is €1,550.64. Information correct as of 15/07/2021.

For more information on our Primary and Secondary School Education loans, contact on a member of staff today on Freephone 1800 62 22 62.

Alternatively, you can apply online by clicking on the link https://www.tipperarycu.ie/loans/online-loan-enquiry/