What does reckonable income mean?
Andrew Henderson
Published Mar 13, 2026
What does reckonable income mean?
Your reckonable income is the total amount of your net family income. This is income from all sources (including most social welfare payments), after tax, PRSI and USC have been deducted.
What is the threshold for Susi grant?
€24,500
To qualify, you must fulfil all the normal criteria for the grant and have a total reckonable income in the tax year January to December 2020 of less than €24,500, not including Qualified Child Increases and standard exclusions.
How much can a student earn before it affects Susi?
The income threshold for this payment was €31,500 for the 2020/21 academic year, depending on the number of family dependents. For 2021/22, the income threshold will be €54,250, and the fee grant contribution will increase from €2,000 to €3,500.
How much is the full Susi grant a month?
Student Grant Levels
| PLC Grant Levels (Maintenance only: No fees payable) | ||
|---|---|---|
| Level of Grant | Maintenance Non-adjacent Rate | Maintenance Adjacent Rate |
| Special Rate of maintenance grant | €5,915 | €2,375 |
| Standard Rate 100% maintenance | €3,025 | €1,215 |
| Standard Rate 75% maintenance | €2,270 | €910 |
What is reckonable income for NCS?
15. What is reckonable income? Reckonable income is the income that will be assessed when you apply. It is calculated by taking your net family income and deducting any allowable items under the Scheme, such as the Multiple Child Discount.
Is a student grant taxable income?
Students who enroll full-time and are entitled to the tuition deduction are not required to claim scholarship money as taxable income, except when related to employers and businesses. The following qualify for the scholarship exemption and are considered non-taxable: scholarships. awards.
Does Susi check your bank account?
A letter from the Department of Employment Affairs & Social Protection confirming Rent Allowance at this address; A letter from any Government Department confirming you are living independently from your parents. Please Note: SUSI do not accept bank statements alone for this purpose.
Can I work and get SUSI?
Students are also free to work part-time and/or during the holidays, as they can earn up to €4,500 whilst in education, without any effect on grant eligibility. There are guides to completing the application and further support is available on Facebook, or by emailing [email protected]
Does SUSI pay college fees?
Fee grants are paid directly to the college/institution on your behalf. To receive your grant payment, you must have: Received a grant award or grant renewal letter from SUSI; Been confirmed as registered for the new academic year by your college to SUSI at least one week prior to the next payment date.
What age is ECCE scheme for?
Children can start ECCE when they are 2 years and 8 months of age and continue until they transfer to primary school (provided that they are not older than 5 years and 6 months at the end of the pre-school year) – see rules.
How many days is the ECCE scheme?
183 days
The ECCE programme year has 183 days, i.e. 3 hours per day, 5 days per week, for 38 weeks per year. The pre-school year generally runs in line with the primary school year, which is September to June.
Are OSAP grants considered income?
Post-secondary school scholarships, fellowships, and bursaries are not taxable if you received them in 2020 for your enrolment in a program if you are considered a full-time qualifying student for 2019, 2020 or 2021.
Are social welfare payments accounted for in student grants?
Some social welfare payments are excluded from ‘reckonable income’ for the purposes of student grants – see more details on reckonable income on susi.ie and also in the Student Grant Scheme 2021.
Can I get a grant for repeating a year of study?
In general, you do not get a grant for repeating a year or attending a course at a level that does not represent progression from your previous studies. However, second-chance students may be eligible for a grant.
What is the means test for a student grant 2021-2022?
The means test for a student grant in 2021-2022 is based on you or your family’s gross income for the previous full tax year (2020). However, if you or your family have had a change of circumstances (which is likely to be permanent) since 31 December 2020, your changed circumstances will be taken into account.
Can Irish students studying in the UK apply for a grant?
From 1 January 2021, eligible Irish students studying in the UK and eligible UK students studying in Irish higher education institutions can continue to apply for a student grant. Who qualifies for a student grant? To qualify for a student grant, you must meet all the conditions of the scheme. These include:
