Taxes Consolidation Act 1997 section 192F

Exemption in respect of certain education-related payments

Section 192F provides an exemption from income tax for student grant payments made under the Student Support Act 2011, commonly known as SUSI (Student Universal Support Ireland) grants, as well as equivalent payments from other EU Member States or the United Kingdom.

• Payments made by an awarding authority to or in respect of a student under a scheme of grants made or confirmed by the Minister for Education and Skills are exempt from income tax.
• The exemption also covers equivalent student support payments made under the law of another EU Member State or the United Kingdom.
• Payments made on or after 1 January 2020 are exempt from income tax and are not included in computing the student's total income.
• Payments made before 1 January 2020 are treated retrospectively as exempt from income tax for the year of assessment to which they relate.