Can I take an education loan for the remaining amount after using my fixed deposit in Ireland?
Yes, you can take an education loan to cover the remaining expenses after using your fixed deposit for your studies in Ireland.
- The loan can bridge the gap between your fixed deposit and your total costs, including tuition and living expenses.
- You can use your fixed deposit as collateral, which may help you get better loan terms such as lower interest rates.
- Repayment usually starts after a moratorium period (course duration plus 6 - 12 months).
If you need help with the loan process or documentation, your LeapScholar counsellor can guide you through the next steps.
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