Your Finances

Managing your Money

Money management is very important for you to understand before, during and after coming to University. The following websites will be of interest to you to find out what your fee for attending college is and to see if you may be eligible for a grant and/or any other type of support, loan, or any type of scholarship

Student Fees and Grants

Scholarships 

The Bank of Ireland have introduced a new Student Loan Scheme.  Click here to find out more on this scheme.

Financial Aid Fund.  If you find yourself in financial difficulty find out more on how to apply to the Student Assistance Fund for assistance with living and childcare expenses and to find out how to appy for a rebatement of fees or paying fees

instalments, click here.

Investing in Your Future.

 

 

Cost of Living

The cost of living in Galway is comparable to the cost associated with living in Limerick or Cork, but is significantly lower than the cost of living in Dublin. The table below gives a good indication of your monthly costs in Galway.

Personal Advice    

If you would like advice with how to manage your money and prepare a personal budget, please contact cindy.dringnuigalway.ie or phone 091 492048.  To help you with your budget we have a blank "Budget Sheet" here. You can print this off and complete it to suit your own needs.  We find that this is useful tool in helping you manage their own finances.

Banks

The Banks closest to the Unviersity are:

• The Bank of Ireland, Concourse, Arts/Science Building 
  Bank of Ireland have launched a loan for parents called “ College Fees Loan” at a preferential rate of 10.2% APR.   If a parent borrows €2224, to be repaid monthly over a 12 month period, their monthly repayment would be circa €195/€196.   The loan approval is dependent on the parents’ income and commitments and normal credit criteria. The BOI will also lend directly to students where they can show repayment capacity. For more information checkout http://personalbanking.bankofireland.com/loans/college-fees-loan .
• Allied Irish Bank, Distillery Road, Newcastle