- The State is now directly investing to support the construction of nearly 1,100 new student accommodation with projects underway to build new student accommodation blocks at DCU, the University of Limerick, University of Galway and Maynooth University.
- This landmark policy response will, for the first time, see the state providing financial support in the construction of on-site student accommodation, and underpins the policy commitments set out in Housing for All.
- Our government are also working with the five Technological Universities to assist them in developing their own individual student accommodation plans.
Rent A Room
Homeowners can earn up to €14,000 a year tax-free by renting a room to students.
Families living in social housing and social welfare recipients can also benefit from the rent-a-room scheme.
A person does not need to pay tax on this income up to €14,000 and social welfare entitlements and medical card eligibility will not be affected.
The government is encouraging people to rent out spare rooms in their homes as State-funded student accommodation is being built here for the first time ever.
However, rooms are needed for the upcoming academic year.
The government is funding the building of lots more student accommodation right across the country but students, parents, and homeowners should also be aware of the rent-a-room scheme.
This could provide a really helpful solution to many students this college year so if you have a spare room in the house, please go to gov.ie/roomforastudent where you can find out more.
If you are a student or the parent of a student, go there too where you can learn lots more about the initiative and see the links to the accommodation available at your local college.
The Department is working on guidelines for homeowners and students to consider before engaging in the rent a room scheme.
These will be published before the start of the academic year.