We recognise that some students may face financial difficulties during their time at college and as such we have a number of supports and services available to students to help them manage their money matters.
Student Assistance Fund
The Student Assistance Fund provides financial assistance for full-time higher education students who are experiencing financial difficulties whilst attending college. This fund is also available to part-time students undertaking a course leading to a higher education award at Level 6 to 10 of the national framework of qualifications, who are members of the access target groups, as specified in the HEA’s National Access Plan. i.e., People with Disabilities; Mature Students; Students from socio-economically disadvantaged backgrounds; Students progressing from further education, Part-Time students and students of the Irish Traveller community. Students who are lone parents are encouraged to apply as additional funding has been made available to support this group.
Students can apply for Student Assistance to help them with either temporary or ongoing financial difficulties. The Student Assistance Fund provides a further source of funding for higher education students in addition to the Student Grant.
International/non-EU fee-paying students are not eligible for funding. However, students who are non-EU nationals, but who are eligible for free or reduced fees in line with the criteria for the Free Fees Initiative, may be considered for the SAF subject to meeting the criteria above.
How to Apply:
Applications for the Student Assistance Fund can be made through the Student Services Office from Friday 4th October 2019. Both the application form and the information leaflet can be downloaded below. You are required to fully complete the application form and attach all required documents. The closing date for applications is Monday 25th November 2019. (12:00 noon). Please return completed application forms to the Student Services Office, DkIT.
In addition, please visit www.studentfinance.ie for some help with your application.
Incomplete application forms with insufficient supporting documents will not be considered. The fund does not cover tuition or registration fees, examination fees or loans. Applications are needs assessed and priority is given to those students in most financial need. Applications will be considered until the Fund is depleted.
Going to college is an exciting time whether you are staying at home or moving away but it can be tough financially if you don’t have a regular income and you are on a tight budget. With so many new costs and financial products to consider it can be hard to manage your cash. Below we have listed some useful sites and resources to help you manage your budget.
DkIT Students Union:
Information on managing your money sensibly can be obtained from the DkIT Student Union website.
Competition & Consumer Protection Commission:
The Competition & Consumer Protection Commission provides free and expert information on personal finance and managing money. Check out Going to College on their website and other useful links prior to starting college. Their budget planner will help you to work out what you are spending your money on and compare this with your income. This will allow you to work out a plan that suits you and help you to keep control of your spending effectively. Their Spending Calculator will help you to understand where you’re spending your money and help you to work out a realistic budget you can stick to. it’s a good idea to work out a budget.
Money Advice and Budgeting Service (MABS):
MABS provides free and expert information on managing your money take a look at this leaflet, First Steps, Second Thoughts, Third Level. The MABS Budgeting Tool will help you work out what you are spending and how to keep it under control while the MABS Information for School Leavers Leaflet is full of useful information for your first year after leaving school.