Written answers

Tuesday, 18 October 2022

Department of Education and Skills

Grant Payments

Photo of Pádraig O'SullivanPádraig O'Sullivan (Cork North Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

117. To ask the Minister for Education and Skills if he has engaged with SUSI about the possibility of raising the income threshold to ensure that middle income earners who are struggling financially will be able to avail of third level grants in 2023; and if he will make a statement on the matter. [51495/22]

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The Deputy may be aware that I have made several changes to income thresholds, both in Budget 2022 and 2023.

For the academic year 2022/23, I increased the income threshold to qualify for the standard rate of student grant by €1,000.

As part of Budget 2023, I have secured a significant cost of living package for third level students including a once-off €1,000 state financial support towards the undergraduate student contribution fee for higher education students eligible for my Department’s free fees schemes.

The once off €1,000 support relates specifically to the student contribution payable by student’s eligible for free tuition fees under the Department free fees schemes in academic year 22/23. It will reduce the student contribution payable for free fees eligible students from €3,000 to €2,000 in 22/23.

In addition, I have made two changes to the income thresholds for the student contribution grant for the academic year 2023/24 which will reduce the cost of education for students and families. I have increased the income limit from €55,240 to €62,000 for students to avail of the 50% Undergraduate Student Contribution and introduced a new support to the value of €500 for families on qualifying incomes earning between €62,000 and €100,000. It is estimated that between 42,500 and 50,000 families could receive support under the Student Grant Scheme in 2023 for the first time as a result of these measures.

I have introduced two further measures whereby income up to €14,000 as declared to Revenue under the Government's Rent a Room Scheme will not be counted as reckonable income when calculating eligibility for the 2023/2024 academic year. In addition, the holiday earnings provision under the Student Grant Scheme will allow for a deduction up to a maximum amount of €6552 (an increase from €4500) to be applied to student earnings outside of term time within the reference period when calculating reckonable income for grant eligibility for the 2023/2024 academic year. As a result of both measures some students may find that they will receive a higher rate of grant and some new students may also find themselves eligible for a grant for the first time once these measures are introduced.

In addition, for the 2022/2023 Academic Year, a further €8 million of funding has been secured for the Student Assistance Fund for the current academic year. Students in third-level institutions experiencing exceptional financial need can apply for support under the Student Assistance Fund (SAF). The Fund provides financial support to students who are experiencing financial difficulties while attending college. Students can apply for SAF to help with either temporary or ongoing financial difficulties and can be assisted towards their rent, childcare costs, transport costs and books/class materials. It is open to both full and part-time registered students on courses of not less than one year's duration leading to an undergraduate or postgraduate qualification. It is designed to provide a source of financial support in addition to a SUSI grant.

Applications can be made under the Student Assistance Fund (SAF) through the Access Office in the third level institution you are attending. They will have more information concerning their own HEI. More information on this fund and other supports are also available at www.studentfinance.ie.

Comments

No comments

Log in or join to post a public comment.