Summer Special Stipends and Top-Up Stipends
Top-Up Stipends
MCAST
students on apprentice programmes may be eligible for the
Top-Up 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 covering July, August and September are credited in September,
October and November respectively, 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 2021 to June 2022
(covering
lecture attendance)
|
a. Stipend rates of €91.75 every four
weeks (10 Payments)
b. Initial Grant (credited once after the
students confirms the online application
c. Top-Up Stipend Rates *
|
July
to September 2022
(covering
apprenticeship)
|
d. Summer Special Stipend rates of €243.83 every
four weeks
e. Top-Up Stipend Rates *
|
*Top-Up
Stipend Rates vary greatly according to the course being followed and
according to the number of days students are attending for lectures at their
respective institution.
|