I propose to take Questions Nos. 2 and 5 together.
The programme for Government does indeed commit to reducing the student contribution in a financially sustainable manner over the lifetime of the Government. As part of the cost-of-living packages over the last three budgets the student contribution was reduced by €1,000 per annum on a temporary basis at a net cost of circa €99 million per annum. These measures were in response to particular cost-of-living challenges arising at the time and were not intended to be a permanent solution.
It is worth extrapolating the figures in totality. A €1,000 reduction of the type we saw during the cost-of-living measures equates to €99 million. A €2,000 reduction would equate to €200 million, and the full abolition, which the Deputy calls for, would equate to €300 million per annum. To extrapolate that over the term of the Government that is €1.5 billion. These are significant figures. I have an open mind on the Deputies' suggestions but I am sure the Deputies will agree that there are other competing priorities chasing those same scarce resources.
In considering how we can continue to address financial burdens for students and their families in a long-term, sustainable way, I am conscious of the opportunity costs and trade-offs associated with any policy option. We have to allocate resources in the fairest, most effective way possible. Given the reality of finite resources, allocations should be made in a targeted way to ensure those students most in need will be supported.
It is important to state that many students and their families do not pay the student contribution because their costs are covered by SUSI grants. In the last academic year, over 43,000 students had their full contribution paid for through SUSI, over 7,600 students received a 50% contribution, and a further 16,000 students had a €500 reduction in the student contribution fee. This means that 66,600 students in total, or almost half of all students, had the student contribution fee paid in full or in part by the State. In addition to those supports, my Department also paid out €368 million in the academic year in question as part of a free-fees initiative, which benefited all eligible students progressing through third level, amounting to some 143,000. All benefited from fee supports from the State, regardless of means, under the free fees scheme.
Notwithstanding these figures, which are important to put on the record to inform the debate, no decisions have been made and we are still early in the budget process. I am very much open to views and stakeholder feedback and I am inviting interested parties to a cost-of-education event that I intend to hold and chair next week. I will be hearing from students, representatives of the student population, access officers, student services employees, people who work with students on a day-to-day basis, advocacy organisations and those who advocate for under-represented students in education and minorities, and policymakers. My aim is to provide an opportunity for all stakeholders to have their say to inform the debate and my policy formulation on the cost-of-education issues. Following the event, I intend to publish an options paper, which will identify costs and potential impacts of various policy options identified, with the overall goal of reducing the cost of higher education. This will inform decisions on budget 2026. I look forward to the engagement and the policy discussion that will inevitably follow.