Advertisement
News

One third of students facing serious financial strain

Apr 20, 2023 09:42
By News Northern Sound
Share this article
One third of students facing serious financial strain

'Almost a third of students are feeling significant financial pressure'

One third of students are facing serious financial strain. That's according to a new survey - which says many students are spending more than they earn and are being forced to rely on family to bridge the gap.

Almost a third of students are feeling significant financial pressure according to a new report by the Higher Education Authority. It blames rent as the biggest burden - with average student accommodation costing nearly €500 a month.

The report says many students are spending more than they earn and are having to rely on family to top them up. That's despite nearly two thirds of students having a job.

Advertisement

The report also says that the Pandemic has left its mark on students. Nearly 60% said their mental health had been affected - with female students suffering most.

Despite these struggles, students say they're generally happy and the report says there's been a rise in the number of students enrolling in college in recent years.

Advertisement

NorthernSound Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Northern Sound FM
Milltown Business Park
Monaghan
H18 YF22

Download NorthernSound App Today

Copyright © 2026 Northern Sound FM. Developed by Square1 and Powered by PublisherPlus