Top-Up
and Summer Special 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 2022 to June 2023
(covering
lecture attendance)
|
a. Stipend rates of €101.89 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 2023
(covering
apprenticeship)
|
d. Summer Special Stipend rates of €270.79 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.
|