Dealing with money on any level has the potential to make any of us break into a cold sweat.
But, the thought of financing your son or daughter’s third-level study can bring a whole new level of stress.
The whole process of student finances can be extremely complicated. But, there’s potentially some help out there.
In Ireland many third-level fees are paid for up to level 8 (on the National Qualification Framework). This may include level 6 and level 7 diplomas and certificates.
However, once a certain level is achieved, students must advance to avail of free fees. For instance, if someone has a level 6 diploma, they won’t get fees paid to repeat or take on new studies at the same level.
Irish universities, institutes of technology and qualifying colleges are part of the free-fee scheme. It sometimes also covers study abroad.
The scheme comes with conditions though and is only available for people who don’t already have a degree.
There are bursaries available to help eligible students with registration and living costs.
Whether an applicant is eligible or not will depend on a number of things including their parents’/guardians’ income (if the applicant is under 23 years-old on 1 January of the year of application).
If the whole process is daunting, or if there’s something you’re unsure about, don’t be afraid to ask for help.