A cut of up to €1,000 is among a list of options available to reduce the cost of higher education.
A new paper, published by the Minister Simon Harris, also lists alternatives to that cut, where income limits for SUSI grants are extended.
It's believed stakeholders are keen to see any measures approved in the Budget later this month, are backdated to the start of this academic year.
Minister Harris says he's keen to offer costs relief to students and their families in the Budget later this month.