Discover top international student loan options in the Ireland

Wishing to study in Ireland: where your study breaks include castles, cliffs, and a touch of Celtic magic? Well, now you can ensure a worry-free academic journey in the Emerald Isle by securing a student loan to study in Ireland in a straightforward way, with tuition fee and living expenses covered!

Many banking and non-banking institutions offer low interest loans for Indian students wanting to study in Ireland. To check if you’re eligible to get a study loan in Ireland, you need to check these boxes:

1. Be an Indian citizen.
2. Be at least 18 years old.
3. Have a decent academic history.
4. Already secured admission at an Irish university.
5. Intended course should be a professional/ technical graduation degree course/post-graduation degree like MCA, MBA, MS, or diploma course.

Note: Note: The listed criteria are standard for Indian students going to Ireland universities but to apply for a particular university, it is best to check their respective eligibility criteria.

The banks that offer student loans check your ability to repay the loan after completing your education. To do that, they confirm that you are a legal student who has been accepted into a reputed university in Ireland.

1. ID proof
2. KYC Documents
3. A filled copy of the loan application form
4. An offer letter given by the university
5. Residential proof
6. Fee structure from the university
7. Documents of qualified exams (GMAT, TOEFL)
8. Original education certificates/mark sheets
9. Passport
10. Visa documents
11. Bank account statement
12. Passport size photographs

Note: Make sure to check the list of papers needed with the bank, as the requirements can vary based on the bank's rules for student loans in Ireland.

It is always a good idea to check what your loan covers, besides the tuition fees. Many loan programs now help with more than just tuition fees—they can cover various expenses in Ireland like:

1. Examination, Laboratory, Library Fees
2. College and Hostel Fees
3. Books, Instruments, Equipment
4. Travel Expenses
5. Caution Deposit, Refundable deposit, Building funds
6. Insurance premium for the student
7. Study tours, Thesis, Project work
8. Laptop

In India, there are generally two types of student loans for studying in Ireland:

1. Secured Education Loans: To apply for a secured education loan, you need to have collateral like apartments or government bonds.
2. Unsecured Education Loan: To apply for an unsecured education loan, you don't need any collateral as a guarantee but you need a co-applicant whose income decides whether or not your loan is approved.

As per sources, Indian students have to shell up 15,000 to 40,000 Euros per year for the annual tuition fees. Living expenses in Ireland for Indian students also include accommodation, food, transportation, and personal expenses.

Ireland has various good universities for international students but it is tough to get admission into them without a loan or scholarship. Here’s how Indian students can choose the best education loan program to fund their dream college and explore all the opportunities in Ireland.

1. Understand the terms of the loan.
2. Double-check the college you choose.
3. Check the pros and cons of the loans you apply for.
4. Make sure that you explore all your options.
5. Check the buffer period that the loan can offer.
6. Choose the easiest repayment option.
7. Make sure that you have a proper plan to repay the loan.
8. If possible, make sure that you’re aware of the pre-payment fees.
9. Make sure that you clear all your doubts

Lorien is your one-stop destination to fly to your dream country and make a successful career by taking care of your entire study abroad plans in Ireland. Here is why Lorien is your best buddy for your abroad dream:

1. We help students in getting loans that cover 100% university fees and cost of living.
2. We charge ZERO fees for our services.
3. We help you navigate necessary cosigners for Indian banks & no-cosigner provisions for international banks at low interest rates.
4. We help you compare the best education loans possible.
5. We keep track of your loan application and bargain for the best price.

Ireland is widely being chosen by Indian students for higher education. While they offer a number of courses, here are the ones that offer favourable career choices in the future:

1. Business Analytics
2. Investment Banking and Finance
3. Data Science
4. Pharmaceutical Sciences
5. Project Management

Indian students who pursue higher education in Ireland need to submit a few documents for their study visa. The specific requirements can vary for each student, but here is a list to take note of:

1. An offer from an approved education provider
2. Evidence of tuition fee payment
3. ID proof
4. Passport
5. Proof of funds to cover your living expenses
6. Residence proof
7. Passport size photographs
8. English proficiency test results
9. Medical insurance