Summer Special Stipends and Topup Stipends
Topup Stipends
MCAST
apprentices and students following apprenticeship courses in other institutions may be eligible for the Topup Stipend Rate. This amount of stipend is credited to
students who are effectively working with their sponsor over and above the
normal stipend rate. Students found
eligible for these stipend rates receive a pro
rata amount of the National Minimum Wage.
Summer Special
Stipends
In the case of students doing an apprenticeship during
summer, stipend rates are credited in September, October and November, if found
eligible. For these three months, a
higher rate of stipend, known as the Summer Special Stipend, is payable. Thus, apprentices receive thirteen stipends
in all over one academic year.
Remuneration
Apprentices receive Students' Maintenance Grants
along with payment from their sponsor. Payment
from sponsors is
based on the number of hours effectively worked with the sponsor. On
the other hand, Students' Maintenance Grants are credited as follows:
|
Period Covered
|
Students' Maintenance Grants Received
(depending
on eligibility)
|
|
October
to June (covering lecture attendance)
|
a. Stipend rates of €89.40 every four
weeks
b. Initial Grant (credited once after the
students confirms the online application
c. Topup Stipend Rates *
|
|
July to September
(covering
apprenticeship)
|
d. Summer Special Stipend rates of €237.60 every four weeks
e. Topup Stipend Rates *
|
*Topup Stipend Rates
vary greatly according to the course being followed and according to the number
of days the student is attending lectures at his/her respective institution.