Catherine Murphy (Kildare North, Independent)
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242. To ask the Minister for Education and Skills his plans to introduce a postgraduate loan scheme; if he intends to include private sector sponsorship as part of this plan; and if he will make a statement on the matter. [40647/13]

Ruairi Quinn (Dublin South East, Labour)
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I have no plans at present to introduce a loan scheme for postgraduate students. A number of financial institutions offer loans to assist students with costs associated with their studies. Following discussions with my Department, with support and advice from the National Treasury Management Agency, a specific loan initiative was introduced by Bank of Ireland in 2012 to provide finance for fees and living costs for postgraduate students.