How is USC calculated?

If your income is greater than the exemption limit (€13,000 in 2023), you pay USC on your full income. Revenue will include a calculation of USC due in your Statement of Liability. You can request this in myAccount. These examples show how USC is calculated by applying the USC rate bands to your income. Sadhbh, aged 45, earns €50,000 in 2023.

How much does USC cost?

The following are the estimated two-semester costs for a full-time USC undergraduate (taking 12-18 units each semester): (Add $450 New Student Fee for your first semester.) To learn more about Financial Aid at USC please visit the USC Financial Aid website. of that $814 million comprised grants and scholarships.

How is the universal social charge calculated?

The Universal Social Charge is collected in the same manner as PAYE and on the same calculation basis USC is payable on gross income, including Notional Pay, before employee pension contributions.

How does USC financial aid work?

USC Financial Aid coordinates school, state and federal funds to fully meet the USC-determined need for undergraduates who satisfy all eligibility requirements and meet all deadlines. Nearly two-thirds of USC undergraduates receive some form of financial aid, including merit scholarships, need-based grants, Federal Work-Study and loans.