Educational Bursary 2025

Synergy Credit Union Educational Bursary Awards 2025

Each year, Synergy Credit Union awards one educational bursary to a member starting a full-time third-level course or registered apprenticeship. The bursary offers €2,500 in the first year and €1,000 per year for up to three subsequent years (max €5,500). Not a Member - You can join and Apply at the same time. Payments are made annually at the start of each academic year and are subject to continued full-time enrolment. Closing Date is 30th September 2025 for applications.

How To Get Started

If you’re starting your first year of a full-time third-level course or registered apprenticeship in Autumn 2025, you could be eligible for our Educational Bursary—worth up to €5,500 over four years. To apply, simply complete the online application form, send in or be in a position to show proof of acceptance of offer (e.g., CAO or apprenticeship offer), and submit a short personal statement (max 200 words).

Not yet a member? Don’t worry. You can easily join Synergy Credit Union using your phone before submitting your application. It’s quick, secure, and can be done entirely from home.

Applications are assessed by a panel based on merit, motivation, ambition, and the quality of your personal statement. One successful applicant will receive €2,500 in their first year and €1,000 annually for up to three additional years, subject to continued full-time enrolment.

Bursary Application Form

Why Students Should Bank At Synergy Local Credit Union

Free Student Current Account – No Fees or Charges

Students can open a current account with zero monthly maintenance fees, helping stretch every euro further during college.

Flexible Student Loans & Overdrafts

Need help covering tuition, rent, or other expenses? Credit unions offer affordable student loans and arranged overdrafts with transparent, fair terms.

 

Mobile Banking & Debit Card Convenience

Enjoy 24/7 access with mobile banking, plus a globally accepted debit card that can be added to your phone for secure, on-the-go payments.

Globally Accepted Debit Card
Shop in-store, online, or abroad with a debit card that works anywhere Mastercard is accepted.

Exclusive Perks – Like Discounted Car Insurance

Members benefit from extras like discounted car insurance, which can help with the cost of commuting or getting home for the weekend.

Community-Owned & Not-for-Profit

Unlike banks, credit unions are cooperatives—run for the benefit of members, not shareholders. That means better service, fairer rates, and a stronger local impact.

Educational Bursary FAQs

Have a question? See if it's answered in our Frequently Asked Questions below. if not contact us on info@synergycu.ie or Phone 0818 272927

Do I need to send in my college/apprenticeship offer or acceptance letter now?

No, you don’t need to send it with your application. However, if you are selected as the winner, you will be required to provide proof that you are enrolled in a full-time third-level course or apprenticeship before the bursary is awarded. you can forward if you wish to p.morrissey@synergycu.ie

Who can apply for the bursary?

You must be a member of Synergy Credit Union and starting your first year of a full-time undergraduate course or apprenticeship in Autumn 2025. If you're not already a member, you can join quickly and easily online before applying. Join Online Here: https://synergycu.ie/join

What should I include in my personal statement?

Your personal statement (max 200 words) should explain why you deserve the bursary, outline your future goals, describe how the bursary would help you achieve them, and share any challenges you’ve faced or expect to face.

How is the winner chosen?

All applications are reviewed by a selection panel based on merit, motivation, ambition, and the overall quality of the personal statement. Only one bursary is awarded each year. The  winner is announced before the 10th of October each year.

What does the bursary cover and how is it paid?

The bursary provides €2,500 in the first year and €1,000 each year for up to three additional years. It is paid annually at the start of each academic year, upon confirmation of continued full-time enrolment.