Our Student Officer Loan allows training Officers to access a discounted Credit Union loan, to help you at the start of your career. It is commonly used for car purchases and home improvements.

All loans are subject to affordability and our lending criteria.


✓   All applicants must be aged 18 or over and a UK resident (excluding the Channel Islands and the Isle of Man).

✓   You must be in paid employment or have a regular income.

✓   You must be a Student Officer within the first two years of service at the time of application.

✓   Only members of the Credit Union can obtain a loan (You can apply for membership within your loan application).✓   Members are limited to one Student Officer Loan during their membership.

Interest Rates for the Student Officer Loan

Annual percentage rate  6.5% APR
Interest charging information The APR is fixed for the life of the loan. Interest accrues daily and is charged on a monthly basis.

Key Product Information

Repayment Information You can repay the interest on your loan by payroll deduction or Direct Debit.
Repayment Period The maximum loan term is 60 months.
Amount of loan available You can borrow up to a maximum of £10,000 on this product.

You can only borrow a maximum of £35,000 across all unsecured lending with us.

Application/Arrangement Fee None.
Default Fees None.
Early Settlements You can repay the loan at any time fully or partially without charge.
Other Information This loan is not a regulated consumer credit product. This does not affect your Financial Ombudsman rights.

Download key documents here

Student Officer Loan Terms and Conditions
General Loan Terms and Conditions

Student Officers Loan Calculator

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Please note: You must select an amount and term which you want to apply for to proceed with your loan application.

Life Protection

Life Protection is included with all our loans and covers members before your 70th birthday. This does not cost you anything, it is simply another benefit of borrowing from the Credit Union and has been created purely to help our members.

Loans are protected up to a maximum of £40,000 per member. This means your loan would be cleared, ensuring your debt does not remain outstanding, subject to our terms and conditions.

All benefits are paid at the discretion of our Board of Directors. Life Protection is not an insurance policy and is not guaranteed. For more information please click here.

Additional borrowing

If you have an existing loan with us and want to borrow extra, there are two options available. Click here to see more information.

Need help?

If you are experiencing financial difficulty, or are struggling to repay your loan with us, please contact us as soon as possible and a member of our team will be able to assist you.