You have studied hard and are due to get your results today, 15th of August. We want to wish all our members who received these results the very best of luck and hope you got what you have worked hard for.
For some the next step is getting your College offers to see where your future lies. If you are beginning your third level journey, you need to assess and be ready for the potential costs. We want our members to be informed and we want you to know that at St. Colman’s Credit Union we have the Student loan for you and our friendly experienced staff are ready to help you with your application.
In helping you assess potential costs we have put together the following, we hope you find this useful.
The cost of sending one child through the Irish education system has risen to €45,000, according to a new report by Zurich’s Cost of Education in Ireland 2017 study, which details the cost from primary school all the way to third level education.
In focusing on the Third Level Sector depending on where a student will live for their college years, the cost can change dramatically. The report found that 60pc of third level students are living at home to help bring down the cost of college. It places annual college spends between €4,340 and €8,206 – or a four year spend of between €17,360 and €32,824.
The Dublin Institute of Technology Campus Life cost-of-living guide estimates rents outside Dublin at €325 a month, up 6% on last year. But a 12% rise is shown for the cost of a room in the capital — up from €372 a year ago to €418, and heading back towards peak 2007 levels. However, the €2,925 expected average for students’ rent is surpassed by the student charge payable this year by more than half of undergraduate students who do not qualify for a grant than half of undergraduate students who do not qualify for a grant.
We at St. Colman’s Credit Union want to be able to help you and your parents at this stressful and financially burdened time so please come talk to us, check out our website at www.claremorriscu.ie and be sure to apply for the Seamus Connaughton Education Bursary, which you could win €3,500 towards your college costs.