Financial and Psychological Challenges Faced by International Students: Evidence from a Case Study in Ireland

Abstract International student mobility has increased significantly over the past decades as students seek access to high-quality education, international experience, and improved career opportunities (OECD, 2024). Ireland has become an increasingly attractive destination for international students due to its English-speaking environment, recognized higher education institutions, and strong connections with global industries (HEA, 2023). Despite these advantages, international students often face a variety of financial and psychological challenges while adapting to a new academic and social environment, a trend also observed in broader international research (ICEF Monitor, 2023). This study examines the financial and psychological challenges experienced by international students studying in Ireland. The research focuses on understanding how factors such as living expenses, employment limitations, and social adjustment influence students’ overall academic experience. A mixed-method approach was adopted in this research, combining quantitative data collected through an online survey with qualitative insights obtained from interviews consistent with recommended practices for studying complex student experiences (Creswell & Plano Clark, 2018). The findings suggest that financial pressure represents one of the most significant challenges faced by international students. High living costs, particularly accommodation expenses, and limitations related to part-time employment contribute to financial stress (Daft.ie Rental Report, 2024). In addition, many students report psychological challenges such as anxiety, stress, and difficulties adapting to a new cultural and academic environment (Zhou et al., 2021). These findings show the importance of institutional support systems that help international students manage both financial and emotional challenges during their studies abroad. Key Words: Challenges, International, Financial, Psychological, Costs.