A Midlands credit union says they give out a couple of million euro a year.
There has been a decline in the number of parents who say that covering the cost of back to school is a financial burden.
The Irish League of Credit Unions annual Back to School survey for 2024 revealed a drop of 10 per cent in the numbers under financial pressure down from 73 per cent last year.
The total Back to School spend in 2024 stands at €1,086 per child for primary school parents and €1,401 per child for secondary school parents.
Tom Allen, Manager at North Midlands Credit Union, says in a typical school year the credit union gives out a couple of million euro:
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