If you're an Irish student you could be missing out on thousands of euro in tax reliefs
Not like students need the money anyway...
Only 12% of Irish students actually claim tax back on their college fees, according to Dublin Institute of Technology.
Students are entitled to a maximum of €7,000, per course.
The information was released in DIT's annual cost of living guide. The purpose of the guide is to assist students and give them financial advice for their college life.
You can read the guide in full here.
The guide offers a number of tips to help students save money, such as urging students to shop around when buying expensive items goods such as phones, and not to buy the first one they see.
They also encourage students to always check to see if they are eligible for any grants or scholarships, as it can make a huge difference financially.
It should also be noted that they advise the students getting credit cards is a bad idea, and falling into the "debt trap" is a dangerous game to play.
According to Revenue.ie: "You can claim tax relief on fees (including the student contribution) that you have paid for third level education courses.
If you're the student, or you pay the fees on the student's behalf, you can claim the relief after you've paid the fees.
No relief is available for:
- examination fees
- registration fees
- administration fees