The Shame of Ireland
What is the difference between the RISF and the Education
There are two differences between RISF and the Education Finance
The Education Finance Board provided assistance towards the cost
of education only, RISF has a wider brief
Former residents and their relatives were eligible to apply to the
Education Finance Board. Only former residents who have received
awards through the Redress Board (or equivalent court awards) are
eligible to apply to RISF.
Why is the Education Finance Board gone?
The Education Finance Board was established in 2006 with a fund of
€12.7 million. This fund was fully allocated in November 2011 and no
applications were processed after this. The Residential Institutions
Statutory Fund Act, 2012 provides for the Finance Board to be dissolved
and all its assets and liabilities to be transferred to the RISF.