The Student Loan Agreement serves as the primary legal instrument for educational financing in Ireland, establishing the terms and conditions under which financial institutions provide funding to students pursuing higher education. This document is essential when a student requires financial assistance for educational purposes and must comply with the Consumer Credit Act 1995, EU consumer credit directives, and Irish consumer protection regulations. The agreement typically includes detailed provisions on loan amount, interest calculations, repayment terms, grace periods, and borrower obligations. It may also incorporate guarantor provisions when required by the lender's credit policy. The document is designed to protect both the lender's interests and the student borrower's rights while ensuring transparency and fairness in accordance with Irish law.

1. Parties: Identifies the lender and the student borrower, including full legal names, addresses, and any relevant registration numbers

2. Background: Sets out the context of the loan, including its purpose for funding education and the educational institution involved

3. Definitions: Defines key terms used throughout the agreement, including academic terms, loan periods, and financial terminology

4. Loan Amount and Purpose: Specifies the total loan amount, purpose of the loan, and any conditions for drawdown

5. Interest Rate and Calculations: Details the applicable interest rate(s), calculation method, and APR as required by consumer credit regulations

6. Repayment Terms: Outlines the repayment schedule, payment amounts, and payment methods

7. Grace Period and Deferment: Specifies any grace period after graduation and conditions for payment deferment

8. Events of Default: Defines what constitutes default and the consequences thereof

9. Representations and Warranties: States the representations made by the borrower regarding their eligibility and intended use of funds

10. Borrower's Covenants: Lists the borrower's ongoing obligations, including maintaining enrollment and academic standing

11. Data Protection: Addresses GDPR compliance and how personal data will be handled

12. Notices: Specifies how and where formal communications between parties should be made

13. Governing Law: Confirms Irish law as governing law and jurisdiction

14. Execution: Signature blocks and execution requirements