03–JUL–2023 | For all academic courses due to begin after 1 July 2023, you must show evidence that you have immediate access to at least €10,000. This is the estimated cost of living in Ireland for a student for one academic year.
The Irish Department of Justice has introduced new regulations regarding the financial requirements for non-EEA students intending to study in Ireland. Non-EEA students are now obligated to provide evidence of sufficient funds as follow:
- Non-Visa requiring students – Course less than 6 months – €500 per month of their stay or €3,000, whichever is the lesser
- Visa requiring students – Course less than 6 months – €700 per month of their stay or €4,200, whichever is the lesser
- Non-Visa requiring students – Course more than 6 more – €4,500 Per Year
- Visa Requiring students – Course more than 6 months – €10,000 per year. Students must also demonstrate that they and/or their sponsor(s) have ready access to at least €10,000 for each subsequent year of their studies in addition to course fees for each of those years.
Non-Visa requiring refers to nationalities that do not need to obtain a visa before travelling to Ireland, such as Brazilian, Mexican, Korean and Japanese. Students must register with the immigration authorities once in Ireland.
Visa requiring refers to nationalities that must obtain a visa before travelling to Ireland, such as Mongolian, Turkish, Chinese, Russian and Colombian.
More information about the new financial requirement is available on the Department of Justice website here.
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