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Instalment Plans

Instalment Plans 

At LIT, we are very aware of the financial difficulties faced by many students. For most students, starting college coincides with moving away from home for the first time and trying to manage on a budget. Students will have most outgoings at the start of the year, so it is important to budget for books, class materials and rent deposits, as well as day-to-day living costs.

An Instalment Plan is available for those students who cannot pay their fees in two instalments due to financial difficulties. This Instalment Plan allows you to pay your fees over 8 months from September 2019 to April 2020. The first payment is due when signing up for the instalment plan. 

If two of the agreed monthly instalments are missed, the student will be removed from the instalment plan and an Administration fee charge of €100.00 will be applied to their account.  Please note, that students with outstanding fees at the end of an academic year, will have a hold placed on their account and will be unable to access their exam results / progress from one year of study to another.

IMPORTANT: Please note the following in relation to Instalment Plans:

  • Incomplete forms will not be accepted and will be returned to the student.
  • The person who complet​es and signs this form is agreeing to pay the fees in monthly instalments.
  • As stated above, the first payment is due when signing up for the instalment plan.
  • Due to GDPR regulations, if a Parent/Guardian requires information in relation to a student’s fee account (such as the fees balance), signed authorisation from the student must be provided to the Grants & Fees Office before any disclosure can be made.  Please email studentfees@lit.ie for the relevant Third Party Authorisation form.
  • Students with outstanding fees at the end of an academic year will have a hold placed on their account and they will be unable to access their exam results / progress from one year of study to another.
  • Please return the completed and signed form(s) to: -Grants & Fee Office, Limerick Institute of Technology, Moylish Park, Limerick or email: studentfees@lit.ie

Students Awaiting their SUSI Grant 

If a student has not been awarded their SUSI grant by mid-October, to avoid late payment fees charges being added to their account, they should contact the Grants & Fees Office to set up a monthly SUSI instalment plan.  Any surplus monies paid will be refunded to the student’s bank account once their SUSI Grant has been awarded. 

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