International students in €430m boost to economy
EVERY full-time overseas student spends €11,000 on accommodation and other living expenses on average annually, a new report reveals.
The expenditure is on top of the tuition fees they pay for their study in Ireland's higher education colleges. These fees vary widely. For instance, Trinity College Dublin charges non-EU students fees ranging from around €16,000 a year for an undergraduate place in arts to €31,000 for a place in medicine.
The report from Enterprise Ireland shows that international students are generating almost €430m for the economy in the current academic year -- €192m in fees and the rest in living costs. But Enterprise, Trade and Innovation Minister Batt O'Keeffe says more must be done to capture a greater share of the market.
The report has found that nearly a quarter (23pc) of the international students in Ireland are studying at post-graduate level. Of these, 8pc, or more than 2,000 students, are taking PhDs. Post-graduate students are mainly taking science subjects, although significant numbers are studying humanities, engineering, computer science and medicine.
This year, 25,781 international students from 159 countries are studying in 51 colleges covered by the report. Over a third come from Europe, while 17pc come from the US, making it the most important country of origin for international students in higher education. After the US, the most important countries of origin are China, France, Britain, Germany, Spain, Malaysia, India and Canada.