Tuesday 20 March 2018

Students face living costs hike of €360

Katherine Donnelly

Katherine Donnelly

STUDENTS will have to fork out an extra €360 in the coming academic year.

They are facing increases in almost all their living expenses, on top of September's €250 hike in the college contribution.

The total extra payout will amount to a 4.6pc rise in the cost of getting through college.

The only expense predicted to fall in the new college year is social life -- mainly because of cheaper alcohol.

A student in rented accommodation should budget €7,803 for the year -- up from €7,691, according to an annual student cost-of-living survey by Dublin Institute of Technology (DIT).

That is on top of the €2,250 college contribution, which is increasing from €2,000.

Meanwhile, a student living at home will need about €4,095 -- up from €3,987 -- as well as the €2,250 college contribution.

Day-to-day expenses will work out at €867 a month for those living away from home. And expenses for those who stay at home will be €455 a month.

DIT says that it is becoming more difficult for students and their parents to make ends meet.

Irish Independent

Today's news headlines, directly to your inbox every morning.

Editor's Choice

Also in Irish News