The establishment of SUSI as a single national awarding authority in 2012 has enabled significant process and efficiency improvements in grant administration, resulting in positive outcomes for students in terms of streamlined grant application processing and the payment of awarded grants.
These improvements include the payment of maintenance grants directly into students' personal bank accounts by electronic funds transfer (EFT) in monthly instalments throughout the academic year. Students can also provide and update their bank account details quickly and securely, together with other important information, on a self-service basis through their online SUSI accounts.
The payment processing service that is used by SUSI currently facilitates EFT payments to Irish bank accounts only. However, students can access their funds from anywhere in the EU.