Means Test Calculator

If you meet the initial eligibility criteria for the SEC grant (residence, child’s religion, SEC school), please use the Means Test calculator below to estimate the grant that you may be eligible to receive for the 2022/23 school year. The assessable year is 2020. This calculator is for test purposes only to give you an estimate and is not a guarantee of the grant you may receive. No information will be retained.

Means Test Calculator

All funds paid out in grants are provided by the Department of Education and Skills. The means test takes account of all financial information and is used to identify necessitous applicants below a certain threshold. The criteria for the test are reviewed annually by the board of directors of the SEC.

(After Tax Income + Social Welfare Payments + all other income) – (Rent/Mortgage) – (Dependent Child Allowance) = Net Reckonable Income (NRI)

Other income: Liquid assets (e.g. cash, savings, investment bonds) of up to €80,000 are disregarded from the means test. Any assets over this amount are added to the NRI.

Rent or mortgage payments: a max €30,000 p.a. is acceptable.

The value of the family home/farm/business is not included in the means test.  Second homes/rental properties must have a net value (i.e. market value  – mortgage) of less than €375,000. An application with a Net Asset Value exceeding this allowance will fail the means test.

Special circumstances allowances can be made for further reductions to the NRI. Full details of the special circumstances allowances are available on the website.

Only capital allowances for trading losses are factored into the means test.

Calculating dependent children

Below is a table showing the allowances given for dependent children (child born after 31st August 1998 under the age of 24).

Dependent Children Allowance  1 at 3rd level  2 at 3rd level  3 at 3rd level
1  €4,980
2  €9,960  €12,049
3  €14,940  €17,029  €19,118
4  €19,920  €22,009  €24,098  €26,187
5  €24,900  €26,989  €29,078  €31,167
6  €29,880  €31,969  €34,058  €36,147
7  €34,860  €36,949  €39,038  €41,127



Grant Values 2021/22

Net Reckonable Incomes are divided into bands and grant amounts are awarded based on these bands. The highest Net Reckonable Income that qualifies for a grant currently is €60,000. The table below outlines the levels of grants payable in 2021/22. Grant amounts are reviewed annually.

Band Net Reckonable Income Day Boarder
Band 1 €0 – €20,000 €3,702 €8,466
Royal School Cavan €8,199
Band 2 €20,000 – €25,000 €3,102 €7,122
Band 3 €25,000 – €30,000 €2,520 €6,000
Band 4 €30,000 – €35,000 €1,902 €4,302
Band 5 €35,000 – €40,000 €1,200 €2,502
Band 6 €40,000 – €45,000 €669 €1,380
Band 7 €45,000 – €50,000 €321 €696
Band 8 €50,000 -€60,000 €162 €336