Being a student can sometimes bring financial hardship. Please remember you are not alone and there are resources and supports available to help you.

Two supports offered through the college that might be helpful to you include the Student Assistance Fund (SAF) and the SUSI grant. Please click the Grants and Funding tab for more information.

Take a look at the following links that can be useful when looking for funding and managing your money:

This website is a convenient and user-friendly source of information on financial support for further and higher education

FLAC – Free Legal Advice Centre
Cork Citizen’s Information Centre, 80 South Mall, Cork.
Tel: 076 1076 950
1st & 3rd Wednesday of the month: 6:30pm – 7:30pm

MABS – Money Advice & Budgeting Service
Unit 12, Penrose Wharf, Penrose Quay, Cork
T: 0761 07 2090  E:

Free Legal Forms Online

A dedicated organsation that supports students by providing information online: and free high-quality legal templates and

Grants and Funding SUSI GRANT

SUSI is the main type of grant payment in the Republic of Ireland. Grants are only awarded to those applying to full time courses in registered  public colleges. Students in private colleges are not eligible for grant applications. Therefore, most MTU students are eligible to apply for the grant. Although postgraduate students are not eligible for a maintenance allowance, they may be eligible for a grant for tuition fees. Grants are only awarded to those who have legally lived in Ireland for 3 of the last 5 years.

For more information and enquiries on SUSI contact SUSI helpdesk at,  call 0761 08 7874 or go to

If you applied for your Student Grant using the SUSI system last year you should receive an email or letter at the start of June asking you to renew your grant to see if you are still eligible for it.

If you are applying for the first time you can apply by clicking here

Students in receipt of grants from existing awarding authorities should renew with that awarding authority.

  • The SUSI Support desk is available for both email:  and telephone queries at 0761 08 7874 for all queries.
  • Take a look at the SUSI Facebook page for guides and updates
  • Take a look at this quick video from SUSI on how to apply for the SUSI Grant

If  you have any questions about SUSI contact our Vice President Education.

Back to education allowance

The Back to Education Allowance (BTEA) allows people in receipt of certain social welfare payments to retain those payments whilst participating in approved full-time courses in further and higher education. The BTEA allows qualifying persons to return to full-time education in approved courses while continuing to get income support. Approved programmes range from foundation courses to postgraduate courses. Participants receive a standard rate of payment that is not means-tested.

For more information on the Back To Education allowance please visit the Student Finance website. There is a comprehensive guide to the allowance here which will outline the eligibility criteria and give you an idea as to whether you application might be successful.

If  you have any questions about the BTEA contact our Vice President Education.

Student Assistance Fund (SAF)

As part of an initiative to tackle educational disadvantage, an ESF aided Student Assistance Fund has been made available to MTU by the Department of Education and Skills.

The Student Assistance Fund provides financial assistance for full-time higher education students who are experiencing financial difficulties whilst attending college. Students can apply for Student Assistance to help them with either temporary or ongoing financial difficulties. The Student Assistance Fund provides a further source of funding for higher education students in addition to the Student Grant. Often students may not qualify for the SUSI grant but may still be struggling, they can also apply for the Student Assistance Fund.

Take a look at the necessary information in relation to the MTU Student Assistance Fund here.

If you have any questions about the Student Assistance Fund, don’t hesitate to contact the Vice President of Welfare.

Managing Money

Money is a big concern for most students these days, developing budgeting skills is a very well worthwhile task.  A budget is an easy way to see how much you have available to spend and on what and how to divide up your spending. Budgeting is simply a matter of discovering where your money is going each month and how much you should have left over at the end. All you have to do is add up all your income and subtract your bills and other outgoings. If you have more money going out than coming in, then you will find yourself in debt and that’s never good.

Useful Websites:

MABS (Money Advice & Budgeting Service)

Budgeting Tips

Your budget will help to guide you in deciding whether you need to spend less, or if you need to spend differently, here are a few money saving tips:

  • Keep a diary of what you spend and you’ll quickly see what is essential and what you can do without. Visit to download free budget planners
  • Use online banking to keep an eye on your finances.
  • Shop around for bargains; you never know where you’ll find a better price.
  • Use your student card for discounts in the cinema, shops, restaurants, and for bus and train fares.
  • Turn off the lights when you leave the room and try to save energy around the house. Wasting electricity or heating will cost you.
  • Share a taxi home after a night out.
  • Do a weekly shop and buy supermarket own brands. They are often the same quality at a much cheaper price.
  • WARNING – Stocking up in the local corner shop everyday can be a third more expensive for the same products!
  • Check to make sure you are receiving all of the financial help you are due i.e. maintenance grant.
  • Some banks offer interest free overdrafts but you will need a parent to sign as guarantor.
  • Look out for special offers- e.g. 2 for 1 midweek cinema deals.
  • Don’t use credit cards when you are low on money. Always read the small print and don’t put your name down for anything especially not for lollipops.
  • Only use credit cards for real necessities. Remember that credit cards aren’t free money.
  • If you decide to sign up for broadband/chorus/sky for a year contract, keep in mind you will only be renting for nine months and will still have to pay during the summer even if you’re not availing of the service anymore. Be really careful what you sign up for, as it’s extremely hard to get out of a contract once you put your name to it.
  • Cycling or walking to college is not only cost free but better for the environment. Students always find it hard to find parking, therefore to avoid the hassle of queuing every morning, leave the car at home or arrange car-pooling with your friends/classmates who are travelling from the same area. If you park somewhere where you are not supposed to you will be clamped and left with a big fine. Save yourself the money and headaches by finding alternative transportation. If you are worried about finances there are services available to support you.