Finance
Student Finance
Understandably, you may be concerned about the cost of going to university or college. It may even make an impact on the decisions you make. There is, however, plenty of help and advice at hand about the opportunities and assistance available.The right mortgage has to have the right monthly payment for your particular financial situation.Loans are repaid by a 10% tax surcharge on income, once the student graduates and is employed. There is a minimum income level, roughly equivalent to the unemployment welfare benefit payment rate, that is exempt from assessment.From 2001, all full-time students have been exempt from interest while studying, and from 2006 all borrowers resident in New Zealand have been exempted interest.
The Maintenance Grant is the main source of financial assistance and anyone who is thinking of embarking on further study should investigate whether they are eligible, and, if so, submit an application. The Maintenance Grant section of studentfinance.ie is the most comprehensive source of information on the available schemes that you will find anywhere in Ireland. It provides a handy step-by-step guide to eligibility in clear, plain English.Taking out a mortgage to buy a home is a significant step for most people.Everything you need to know about your student loan, including your responsibilities, can be found in the Entrance Counselling session on the EDULINX website. Take ten minutes and work through this information – it will help you understand the student loan cycle and could save you money. Study first, pay back when you’re earning
There’s a student finance package available to help with the costs of higher education. The main sources of help for full-time students are: Student Loans and grants from the government Bursaries from universities and colleges.
