Third Level Education Costs
A good education is the foundation for a successful future. However, many parents end up having to borrow to fund the significant costs of third level education. These costs can be particularly difficult to manage in the current climate on top of other existing loans including mortgages, car loans, etc…

Free fees, but the costs still stack up!

To give your child the best start in their adult life, you will need the finance to match their ambition. All “free-fees” third level institutions will charge a mandatory student contribution of €3,000 per year for 2015/16. Unfortunately, this student contribution is just one of the costs likely to be incurred when putting your child through third level education. Like the contribution charge, also other third level education expenses are also on the rise.

Plan ahead with Stability Financial

With the costs of all aspects of third level education increasing year-on-year, it makes sense to plan ahead and save for your children’s education. How realistic is it to prepare for this future cost now? The Government child benefit is currently €135 per month for one child (as at July 2015). This amount invested regularly over 18 years has great potential…