Preferred Faculty Loan

DLKJ1306

HI there,

I'm thinking of taking out the Bank of Ireland Preferred Faculty Student Loan for my final year in college to cover fees, travel etc
However, I already have another sizeable loan out with AIB

Just wondering if anyone had any experience with this? Are BOI likely to grant me the loan when I already have taken one out and if so, will there be a restriction on how much I can take or will I be eligle for the full amount? (€2,500 for each of your last 3 years so €7500)

Any advice welcome!

Bank of Ireland: Tara P

DLKJ1306 wrote: »

HI there,

I'm thinking of taking out the Bank of Ireland Preferred Faculty Student Loan for my final year in college to cover fees, travel etc
However, I already have another sizeable loan out with AIB

Just wondering if anyone had any experience with this? Are BOI likely to grant me the loan when I already have taken one out and if so, will there be a restriction on how much I can take or will I be eligle for the full amount? (€2,500 for each of your last 3 years so €7500)

Any advice welcome!

Hi DLKJ1306,

Thank you for contacting us here on Boards.ie.

There are a number of factors that are taking into consideration when applying for a Loan.

For more information on Preferred Facility Loans see here:
https://personalbanking.bankofireland.com/life-stages/student/student-loans/preferred-faculty-loan/

If you would like to speak with an advisor at branch see here to book an appointment:
https://personalbanking.bankofireland.com/help-centre/book-an-appointment/

Hope this helps,

Tara C

Sean_cs

Hi Tara,

Are any of the IT degrees from Cork Institute of Tech. on the preferred faculty loan list?

Thanks in advance,

Sean

Bank of Ireland: Tara

Sean_cs wrote: »

Hi Tara,

Are any of the IT degrees from Cork Institute of Tech. on the preferred faculty loan list?

Thanks in advance,

Sean

Hi Sean_cs,

Thanks for getting in touch.

You can find out more information and what studies are covered by this loan here.

Thanks
Tara