More than 200 Irish students are receiving free grants for the first time since the financial crisis.
More than 1,000 students, both Irish and foreign, will benefit from the new scholarship scheme after the State’s Higher Education Commission (HEC) announced that the scheme was introduced as part of its ongoing efforts to tackle the financial challenges facing the country.
The scheme will provide €1,000 to students who achieve a minimum of a 2.5 GPA for each of the four years they study, which includes all courses taught at an Irish university.
This is the first academic scholarship for Irish students and the first grant under the scheme.
The HEC said that more than 200 students had already applied to receive the grant.
“It is the largest ever grant from the HEC and is a significant step forward for Irish higher education and is an important step towards providing students with the financial support they need to finish their studies,” said Catherine McCaughey, Head of the Higher Education Policy Group at the Hec.
“This scheme has also ensured that there are a number of Irish students who have already secured grants under this scheme.”
We know that there is a high demand for academic scholarships and the scheme is designed to ensure that students have access to an affordable pathway to the Irish university and to support those who are currently unable to access the university due to financial pressures.
“The scheme also provides support for foreign students, who are eligible to receive up to €1.4 million per year.
It is also important to note that the award will be made to Irish students regardless of the type of degree awarded.
Students will be able to apply for the grant from their home country and will be eligible to apply up to two years in advance.
This means that students can receive a grant of up to £30,000 per year, with the maximum amount to be awarded to Irish nationals.
The Government said that this was the first of its kind in the world.”
The Government is committed to ensuring that our university students have the resources they need and the opportunities they want to pursue their studies and that they can secure an education,” said Minister for Higher Education, Higher Education and Skills, Leo Varadkar.”
Irish students are the most vulnerable in this country, so the Government is delighted to be making this grant available to help them make their way through the crisis and to ensure they are able to achieve the best of their future.
“I look forward to supporting Irish students to achieve their educational dreams and the next generation.”
The HEC has also launched an online application form for Irish applicants and will update it as soon as more applications are received.
In the coming weeks, students will be invited to participate in a debate on the issue, which will be held in their local community.
More to come.