The return to school after the Summer holidays is just around the corner for most children now. Back to school can be a very expensive time for parents whether your child needs a new uniform, books, an iPad, a new school bag or fees for after school sports classes and activities.
We know that school costs can stretch family budgets especially as the general cost of living is on the rise which is impacting all households. This was confirmed in the Irish League of Credit Unions annual 2023 School Costs survey which showed
. 72% of parents said the costs of back to school are a financial burden
. Parents are spending on average €1288 per secondary school child and even though the government have introduced the free primary school book scheme this year there are still significant costs associated with primary school children going back to school
. 40% of parents of school children said they have already cut back on non-essential services/activities to cope with rising costs
If you are feeling the financial pinch and need help with back to school costs look no further than Blackrock Credit Union. Our back to school/education loans are affordable with a loan of €1,000 costing only €20.07 per week if the loan is paid back over one year at a rate of 8.2% (8.49% APR)*. Take a look at our education loan fees here to see how much it will cost for whatever amount you need to borrow to cover your back to school expenses.
If you would like to apply for a back to school/education loan today please click on the button below
