This research paper presents an insightful investigation into the perceptions and ethical considerations of students regarding the use of Artificial Intelligence (AI) tools in academia, particularly focusing on the University of Limerick in Ireland. Herein, AI tools like OpenAI's ChatGPT have emerged as valuable assets in promoting interactive learning and enhancing student engagement. Thus, this research aimed to explore the privacy and ethical considerations students have regarding the use of AI tools in education. Using a quantitative methodological approach, the study solicited the attitudes, opinions, and patterns of students towards AI utilities. The study revealed intriguing perspectives on data privacy concerns associated with AI tools. Students from technology and science-focused schools displayed a higher degree of concern, suggesting their deeper understanding of potential privacy implications. Conversely, students from arts, humanities, and social sciences, and law politics & public administration displayed slightly lower levels of concern.