The Student Grant Scheme, administered by SUSI (Student Universal Support Ireland), provides grant assistance to students attending an approved course in an approved institution who meet the prescribed conditions of funding, including those relating to nationality, residency, previous academic attainment and means.
The means test arrangements of the Student Grant Scheme are applied nationally. Student grant applications are means tested on gross income from all sources earned inside and outside the State within a specified reference period. In the case of both employed and self-employed applicants, gross income, before deduction of income tax or universal social charge, is assessed with certain specified social welfare and health service executive payments excluded.
The assessment of means under the Student Grant Scheme is based on gross income from all sources. Therefore, all income is assessed from the same starting point, eliminating any distortion which might arise from different spending decisions.
Article 23 of the Student Grant Scheme 2021 deals with the determination of reckonable income. In calculating reckonable income no account is taken of capital assets. Therefore no deduction is given for capital expenditure, regardless of how it is treated for income tax purposes.
Apart from the Student Grant Scheme, students in third-level institutions experiencing exceptional financial need can apply for support under the Student Assistance Fund. This Fund assists students, in a sensitive and compassionate manner, who might otherwise be unable to continue their third level studies due to their financial circumstances. Information on the fund is available through the Access Officer in the third level institution attended. The fund is administered on a confidential, discretionary basis.
In addition, tax relief at the standard rate of tax may be claimed in respect of tuition fees paid for approved courses at approved colleges of higher education. Further information on this tax relief is available from a student's local Tax Office or from the Revenue Commissioners website, www.revenue.ie .
