Emergency student accommodation fund and increases in Susi grants under consideration
“This paper sets out a number of options to consider in advance of this year’s budget,” he said. “Today we are publishing the paper to have a discussion on the most effective way to drive down costs for students and their families. Decisions will be made at the budget but it is important to see all of the levers available.”
The options paper says the cost of boosting the reduction to €1,000 would cost the Exchequer €21 million, while a €1,500 cut in fees would cost €42 million. The options paper estimates that increasing the income threshold by €4,000 would cost almost €20 million. The paper estimates that removing the provision which limits the deduction of holiday earnings to “earnings outside of term time” and increasing the amount to €7,051 would cost up to €22 million and benefit about 13,000 students.
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