At primary level, pupils are taught the importance of saving money through the subject of Social, Personal and Health Education (SPHE).
At second level, Business Studies students are taught a strand called “Personal Finance”, which focuses on students developing a set of skills, knowledge and values that allows them to make informed decisions to effectively and responsibly manage their financial resources.
The new Framework for Junior Cycle is based on 24 Statements of Learning, one of which is to "make informed financial decisions and develop good consumer skills".
Under the provisions of the Education Act 1998 the Board of Management is the body charged with the direct governance of a school and therefore the provision of banking or other personal account services for students is a matter for the Board of Management of each individual school.