Student Loan Ireland — Up to €50,000 | SOFIES
Finance your education with a student loan from SOFIES. Preferential rate from {rate}% APR, full repayment deferral during studies, no arrangement fees. Ideal alongside SUSI grants.
Study now. Repay later.
The SOFIES student loan covers all your higher education costs: tuition fees, accommodation, study materials and international exchange programmes. A financing solution designed specifically for students, with terms you will not find at traditional banks.
Full repayment deferral while you study, staged disbursement aligned to your actual needs, and an exclusive preferential rate. Whether you complement a SUSI grant or fund your studies independently, this is an investment in your professional future — not a financial burden.
Loan terms and features
Loan Amount
Up to 50,000 Euros
Staged disbursement based on your needs
Repayment Term
Up to 15 years
Optional deferral during your studies
APR
From 2% APR*
Exclusive preferential rate for students
Security
Parental joint guarantee
Or state-backed guarantee subject to eligibility
Why choose this loan?
- Preferential rate: Exclusive student conditions, significantly below standard consumer credit rates available in Ireland.
- Full deferral: No repayments during your studies. Begin repaying up to 2 years after graduation.
- Staged disbursement: Funds released according to your academic calendar. You only pay interest on what you have drawn down.
- State-backed guarantee: Access without a parental guarantee may be available under eligible public guarantee programmes.
- No arrangement fees: Zero hidden costs. Complete transparency on the total cost of your student loan.
Eligibility criteria
Eligibility criteria
- Enrolled at a recognised higher education institution in Ireland or the EU
- Between 18 and 28 years of age at the date of application
- Citizen of an EU or EEA member state
- Ordinarily resident in Ireland
Guarantees
- Joint parental guarantee with verified repayment capacity
- Or state-backed guarantee subject to specific eligibility criteria
- Proof of income and financial standing of guarantors
- Repayment commitment signed by the student and guarantors
Required documentation
Student documentation
- Current enrolment certificate stating academic year and programme
- Valid passport or national identity card
- Recent proof of address (dated within the last 3 months)
- Quotes or invoices for the costs to be financed
Guarantor documentation
- Identity documents of all guarantors
- Last 3 payslips or evidence of income for each guarantor
- Most recent tax return or Notice of Assessment from Revenue
- Documentation of guarantors' assets
Banking details
- Student IBAN for loan disbursements
- Bank statements for the last 3 months
- Bank confirmation of repayment capacity
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
Legal information
- *APR — Representative example: For a student loan of €20,000 over 10 years at {rate}% APR: 120 monthly instalments of €184, total amount payable €22,080 (cost of credit: €2,080). SOFIES is regulated by the Central Bank of Ireland.
- Repayment deferral: Full or partial deferral available during your studies. Choose to pay interest only or defer the entire repayment.
- State-backed guarantee: Under certain conditions, a state-backed guarantee may replace the parental guarantee. Contact us to check your eligibility.
- Repayment flexibility: Adjust your repayments after graduation as your career progresses. Early repayment permitted without penalty.
- Insurance: Death and disability cover included. Income protection insurance available as an option once you enter employment.
Your future deserves the best financing.
Apply for your SOFIES student loan — no fees, no waiting.
