If you had an change of circumstances ie your income has reduced you can apply to be accessed on the current years income. So if you had rental income in 2023 but have none in 2024 it might be worth your while@Sharpie. If there are additional people in the household attending full time courses and/or relevant pension contributions are circa 10% or above on the €100,000 euro earnings. That is what it roughly appears to be from my view. I can't get it as my student offspring have part time jobs throughout the year, and I had rental earnings (no more) in 2023. (The government don't account for the fact that the tenants caused more costs than income.)
If you have PAYE income and you have not maxed your pension contributions allowable for tax relief you could do so to reduce your reckonable income for SUSI. Another option would be cycle-to-work salary sacrifice and just pay it all in one lump.Crunched the numbers. Just short of getting the 500 off the fees for each of them.
When you say that your children are self-sufficient, do you mean that they help for the general costs (food , transportation...) or they just cover their personal costs ( phone, clothing, going out). I fully understand that 3 children at the same time is costly. Just trying to see how perhaps they can help a little bit more...@michaelm I can't max out my pension contributions as I have to pay for fees, accommodation, and Erasmus costs upfront. Apparently Erasmus funds come back later in the term, even for those unable to get SUSI. I did plan for college years ago, but the harsh reality is worse and more expensive than I planned for. My kids don't ask for any money and are self sufficient from their jobs, but the fees x 3 plus accommodation for the Erasmus student especially, are tough.