MAKING CENTS: Coping with the costs of college is a skill in itself

But third-level education comes with a hefty price tag; the cost of studying away from home in Ireland is currently estimated to be roughly €11,000 per annum. Families who have been in a position to save for this time may feel fully ready for the expense, but for many other young people and their parents, loans will be needed to cover the cost.
AIB and Bank of Ireland (BoI) both offer loans specifically tailored for students. AIB offers students a reduced rate of 8.5% APR on their Student Personal Loan, up to a maximum of €50,000. Borrowers are expected to make monthly capital and interest repayments and also have the option of making unscheduled, additional repayments at any time. As is true of nearly all student borrowings, a parental/guardian guarantee will normally be required.