"The Student Assistance Fund is an invaluable resource for third level students who are finding it difficult to make ends meet,” Minister Harris said.

“Budget 2023 made real and meaningful changes for students. We reduced the registration fee by €1,000 and increased the maintenance grant. The renters credit and the extension of free public transport are also tangible changes which will make important changes for students. This is a further extension of that support,” he added.

The funding will be distributed by the Higher Education Authority to higher education institutions across the country in early 2023.