Once you have decided to study in Ireland, it is important to understand and arrange the required funds to support your stay. These include costs such as tuition fees, living expenses and accommodation, and financial requirements vary on the choice of university, course, degree level, city and available scholarships.
Accommodation at Irish universities includes on-campus residences and off-campus private rented apartments. Accommodation costs vary depending on:
Students can check the accommodation costs and availability of residences on and off campus from university websites, as well as private providers such as Collegecribs.ie, daft.ie and myhome.ie. Weekly accommodation costs vary, but students can expect to spend between €150 to €400 approximately on living expenses.
Students whose course fees are less than €6000 must pay the fee in full to the university before applying for a visa. When the course fee is more than €6000, you must pay at least €6000 as an immigration requirement, while some universities may also ask for a full payment.
Students must also provide evidence of having access to a minimum of €7000 per year for living expenses, in addition to the course fees, before applying for an Ireland Study Visa.
Financial aid and funding is provided by various private and public institutions to support undergraduate and postgraduate students study in Ireland. Public funding in the form of scholarships, bursaries and grants is offered by universities, public institutions and government programmes, while private funding by way of loans is often provided by independent lenders such as banks.
Each year a limited number of scholarships are available to students on the basis of academic excellence or to those who cannot afford to study abroad. While the competition can be fierce, every institution has their own eligibility criteria. With our comprehensive scholarship search tool you can find details of all the scholarships available to Indian students at different Irish universities.
Loans with flexible repayment options are provided by several Indian public and private sector banks. Usually repayment of loans begin after six months of course completion or commencement of employment. These loans cover tuition, travel, accommodation or other expenses related to the course of study.
The student must have an unconditional offer letter from the university and meet all terms and conditions of the bank to get the loan sanctioned. Also, it is advisable to start the loan application process shortly after receiving the unconditional letter as banks take time to sanction the loans.
Tuition fees at universities in Ireland are dependant on the student’s residence status as EU or non-EU national and on the type of course selected. Exact course fees can be found on each university website, but on average undergraduate courses cost around €13,000 - €15,000 per year, and postgraduate courses €9,000 - €12,000 per year.
Do you want to take the next step and apply for student funding? Arrange a free consultation at your nearest SI-Ireland office today so we can take you through all the options ahead of your stay in Ireland.