AIB/BOI Student Loan

vector · 11-08-2005, 00:20

I have my last year of college (NUI) starting in October
I have 900 to pay the registration/capitation thing but I'll need to find 2500 from somewhere (bus tickets, books, food) looks like a loan, never had a loan before
Is it possible to take a repayment holiday for 9 months? or anything

Yes, I'll goto the bank, but I want the real story here

Wheely · 13-08-2005, 08:22

BOI do deferred repayment schemes like that. I took 5,500 of them last october going into my second year and was due to start repaying it this summer. The repayments however were too high (they wanted me to pay it all off during the summer twsa like 450 a week!!!) but after a little hassle they were kind enough to extend my loan to 6,300 and allow me to pay it off over 3 yrs. Thats a bit of a stinger i suppose but its only 45 a week, well manageble and i wouldnt be in college without it so...judge for yourself. They did allow mw to defer payments completely tho for the lenth of the college term last year tho, and if your in final year and entering the workforce next year you should be grand. \They'll still want a guarantor tho

raster · 14-08-2005, 15:36

vector, deferred payment is alot to ask, much better to say you will start repaying immediately, but only a token amount each week, and then yes once you finish up that rapayment to a normal amount

banks like to see you rapaying debts, even if it is only bit by bit, they know you are still alive

Blush_01 · 15-08-2005, 12:53

I had to get a loan of 6g in first year, and extend it by 4 last year. I'm looking at another 4g extension this year. So I went to the credit union - they're more flexible than banks, and the rate in my credit union at home is 6.6% for a student loan, not bad as student loans go. If you have an account with the credit union, talk to them. Research costs nothing. Regardless of where you go, you'll need a guarantor.

ShreddedHumans · 18-08-2005, 20:54

Is capitation gone up to €900 everywhere?

vector · 18-08-2005, 21:50

Quote:

Originally Posted by ShreddedHumans

Is capitation gone up to €900 everywhere?

I don't have the 05/06 figure for "capitation + registration" so that was a guesstimate on the high side, maybe it will be 800, find out what it was last year and add 50

ShreddedHumans · 18-08-2005, 21:58

It's been €750 for the last 2 years I'd say it will be the same again.

vector · 18-08-2005, 22:22

Quote:

Originally Posted by ShreddedHumans

It's been €750 for the last 2 years I'd say it will be the same again.

just had a look at my 04/05 invoice

registration 750 + capitation 65 = 815

so whatever about the breakdown 815 is what I had to pay

GDM · 19-08-2005, 13:12

Will banks defer student loan repayments and if so for how long.

**Lump** · 19-08-2005, 13:39

Ask them, I'm sure an employee of AIB or BOI can tell you more about it.

John

zap · 21-08-2005, 10:35

reg for ucd is 838.50 so - 50 from dat and u get 788 a 30 euro increase not too bad i suppose.

11-08-2005, 00:20	#1
vector Registered User Join Date: Mar 2004 Location: Ireland Posts: 1,444 Adverts \| Friends	AIB/BOI Student Loan I have my last year of college (NUI) starting in October I have 900 to pay the registration/capitation thing but I'll need to find 2500 from somewhere (bus tickets, books, food) looks like a loan, never had a loan before Is it possible to take a repayment holiday for 9 months? or anything Yes, I'll goto the bank, but I want the real story here __________________ Montserrat

13-08-2005, 08:22	#2
Wheely Registered User Join Date: Jul 2005 Location: Galway Posts: 379 Adverts \| Friends	BOI do deferred repayment schemes like that. I took 5,500 of them last october going into my second year and was due to start repaying it this summer. The repayments however were too high (they wanted me to pay it all off during the summer twsa like 450 a week!!!) but after a little hassle they were kind enough to extend my loan to 6,300 and allow me to pay it off over 3 yrs. Thats a bit of a stinger i suppose but its only 45 a week, well manageble and i wouldnt be in college without it so...judge for yourself. They did allow mw to defer payments completely tho for the lenth of the college term last year tho, and if your in final year and entering the workforce next year you should be grand. \They'll still want a guarantor tho __________________ "pinot needs constant care and attention. You know? And, in fact, it can only grow in these really specific, little tucked-away corners of the world. And only the most patient and nurturing of growers can do it, really. Only somebody who really takes the time to understand Pinot's potential can then coax it into its fullest expression"-Miles Raymond, Sideways

14-08-2005, 15:36	#3
raster Registered User Join Date: Nov 2003 Posts: 189 Adverts \| Friends	vector, deferred payment is alot to ask, much better to say you will start repaying immediately, but only a token amount each week, and then yes once you finish up that rapayment to a normal amount banks like to see you rapaying debts, even if it is only bit by bit, they know you are still alive __________________ Fianna Fail

19-08-2005, 13:12	#9
GDM Registered User Join Date: Mar 2005 Posts: 2,451 Adverts \| Friends	Will banks defer student loan repayments and if so for how long. __________________ I'm officer Reeses,what happened here? He got peanut butter on my chocolate! He got chocolate in my peanut butter!

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15-08-2005, 12:53	#4
Blush_01 Registered User Join Date: Jun 2005 Location: [deletia] Posts: 3,808 Adverts \| Friends	I had to get a loan of 6g in first year, and extend it by 4 last year. I'm looking at another 4g extension this year. So I went to the credit union - they're more flexible than banks, and the rate in my credit union at home is 6.6% for a student loan, not bad as student loans go. If you have an account with the credit union, talk to them. Research costs nothing. Regardless of where you go, you'll need a guarantor.

18-08-2005, 20:54	#5
ShreddedHumans Banned Join Date: Jul 2005 Posts: 149 Adverts \| Friends	Is capitation gone up to €900 everywhere?

18-08-2005, 21:58	#7
ShreddedHumans Banned Join Date: Jul 2005 Posts: 149 Adverts \| Friends	It's been €750 for the last 2 years I'd say it will be the same again.

19-08-2005, 13:39	#10
Lump Moderator Join Date: Nov 1999 Location: Acton London - Originally Kilkenny Posts: 10,452 Adverts \| Friends Mod: Audio-Video Editing, College, Half-Life, Slydice Specials	Ask them, I'm sure an employee of AIB or BOI can tell you more about it. John

21-08-2005, 10:35	#11
zap Registered User Join Date: Oct 2004 Posts: 825 Adverts \| Friends	reg for ucd is 838.50 so - 50 from dat and u get 788 a 30 euro increase not too bad i suppose.