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Student Finance

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.

Budgeting Advice

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. 
  • Information on Fees and Grants at DkIT: We have all the information you could need relating to fees, grants and scholarships at DkIT.

Student Assistance Fund

The Student Assistance Fund (SAF) provides financial support to students who are experiencing short or long-term financial difficulties while attending higher education. 

Who is eligible to apply?

  • DkIT full-time registered students registered on courses leading to a higher education award (NFQ level 6-10) in the universities, institutes of technology and other approved colleges are eligible to apply for SAF.
  • Part-time students registered for a course of not less than one year’s duration that leads to a higher education award at Level 6 to 10 of the national framework of qualifications and who belongs to one of the following target groups as specified by the HEA’s National Access Plan:
    • mature students
    • Students with a disability 
    • Irish Travellers
    • Further education award holders
    • Lone parents 
    • Ethnic minorities (including programme refugees)
    • People who are or were in the care of the state
    • Students from socio-economically disadvantaged backgrounds

Eligible Expenses

The SAF is available to assist students who are unable to meet costs associated with day-to-day participation in higher education, including:

      • books and class materials
      • rent, heating and lighting bills
      • food
      • essential travel
      • childcare costs
      • medical costs
      • family difficulties e.g. bereavement
      • Students from socio-economically disadvantaged backgrounds

Who cannot apply for the Student Assistance Fund?

    • Students in courses that do not lead to a higher education award are not eligible for SAF.

What do I need to do before I start my application form?

    1. You must agree to the DkIT Data Protection Policy 2020 for the Student Assistance Fund in order to proceed with the application 
    2. Be registered as a student at DkIT and apply with your DkIT student email account
    3. Gather your supporting documentation i.e. proof of welfare, bank statement, proof of susi, etc.

How to Apply

Once you register as a student at DkIT you will receive your DkIT student details, including email address and a student id, which are required to make your application. Once you have received these details you can proceed with the following steps:

Please note: There is a common online application for both this Student Assistance Fund Scheme and the DkIT COVID-19 Laptop Loan Schemes. If you wish to avail of both, you should tick yes for Questions 2 and 3. The final question on the application form is regards to your Consent Declaration. If you do not tick yes, your application will not be submitted.


DkIT COVID-19 Laptop Loan Scheme

The HEA (Higher Education Authority) has provided funding to individual third level colleges to allow for the purchase of ICT (laptops and other devices) to be given to students on loan.

Students who receive this support 1) must be able to demonstrate a “verifiable financial need” for this support (see below*) AND 2) must also be a member of one or more of the following target groups (i.e. both conditions must be met):

      • Students disadvantaged by socio-economic barriers (highest level of support from SUSI / BTEA)
      • First-time mature students
      • Students with disabilities (the NAP prioritises physical/mobility/sensory disability)
      • Part-time/flexible learning students
      • Students who hold further education qualifications
      • Students who are members of the Traveller / Roma communities and minority ethnic groups
      • Lone Parents

How it Works

Successful applicants will be given an electronic device (laptop/tablet/ other) ON LOAN. The device remains at all times the property of DkIT. Financial support is not available as an alternative – the initiative is solely related to the provision of ICT devices on loan. As devices will be given to successive students on loan (e.g. after the first recipient graduates), it follows that the devices and software provided on same will be general and not highly specialised to the individual’s programme of study. 

How many laptops are available?

It is estimated that DkIT will have approximately 300 devices available to loan to students under this initiative. We expect demand will exceed supply therefore only those on the lowest level of income are invited to apply.

What is a verifiable financial need?

Applications will only be considered from students who are a) in receipt of BTEA or a means-tested Department of Employment Affairs and Social Protection (DEASP) payment (e.g. Disability Allowance, etc.) or b) who are in receipt of the Special rate of SUSI (€5,915 non-adjacent rate, €2,375 adjacent rate) or the 100% maintenance rate of SUSI (€3,025 non-adjacent rate, €1,215 adjacent rate). 

How to Apply

Once you register as a student at DkIT you will receive your DkIT student details, including email address and a student id, which are required to make your application. Once you have received these details you can proceed with the following steps:

Please note: There is a common online application for both this Student Assistance Fund Scheme and the DkIT COVID-19 Laptop Loan Schemes. If you wish to avail of both, you should tick yes for Questions 2 and 3. The final question on the application form is regards to your Consent Declaration. If you do not tick yes, your application will not be submitted.

Each application to the DkIT COVID-19 Laptop Loan Scheme will receive a communication with the result of that application – however, as this is a new scheme and the volume of applications unknown, no deadline can be set for that communication at this time. DkIT will assess applications using the documentation (evidence) supplied as part of the SAF application and reserves the right to seek further evidence and clarification as required. 

 

Contact Us

  • Student Services Centre
  • Faulkner Building, F113