How to budget for further education

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How to budget for further education
Smart-ChoicesLeaving-CertificateFurther-Education
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Effective financial planning is essential for students to develop a realistic budget

A constant struggle for students on top of any college fees is having to deal with adult costs — bills, rent, fuel, food and so forth — without the luxury of a full-time adult wage to cover them.

“Consider supplementing your income by exploring part-time work opportunities. Colleges often have job boards listing on-campus positions or local businesses seeking student employees.” “Some colleges offer additional financial support for students facing higher living costs in urban areas. Explore these opportunities to ease your financial burden.”

There are a number of other possible financial supports for people who receive a social welfare payment. These include Back to Education Allowance; Vocational Training Opportunity Scheme payments; and traineeship allowances. “To qualify you must be currently receiving a qualifying payment and be on this payment for a period of three months for further education. This payment only applies to full-time education options.”

Youthreach is a programme aimed at early-school leavers where they can progress their education through further education and receive a training allowance. These are integrated with the vocational training modules. Courses are generally one year in duration and are full-time and lead to big awards on the NFQ at Levels 3 and Level 4.

A traineeship combines learning in the classroom and experience in the workplace to improve employment outcomes for participants and increase retention and productivity in a given sector. They support many organisations engaged in a wide range of initiatives including genealogy, environmental, heritage, tourism, theatre, sports, and coaching. Some projects are targeted at specific groups in society.

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Smart-Choices Leaving-Certificate Further-Education

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