Students and teachers, including Gisela Dunlop (above), who is due a baby next month, and Richard Dunlop (above) outside Grafton College language school this morning.
Grafton College has up to 500 students. It is understood that these students will be accommodated in other schools.
More than 20 teachers say they have been told that their jobs are gone just weeks before Christmas.
There are still around two weeks in the term to go before the Christmas break.
Speaking to RTÉ News, teachers said they have no idea what is going to happen and no idea if they will be paid the wages they are owed.