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BoI in student giveaway

14/03/2006 - 10:02:43
Thirty students from across the country will wake up this morning to the news that they have won money in a Bank of Ireland giveaway.

The Live Rent Free promotion, with a prize fund of €120,000, will reward each of the 30 students with a cheque for €4,000.

Rent is the single biggest expense facing the majority of students in Ireland, with 45% renting accommodation with friends and a further 21% living on campus.

The total cost of living for students is currently estimated at €699 per month or €6,291 for the nine-month academic year, with the cost of rent making up 42% of the overall cost.

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