Cover College Expenses Safely by Unlocking Your Pension
College costs can be a huge source of stress for parents. Fortunately, if you have a preserved pension from a previous job, you may be able to unlock your pension for college fees safely and tax-free to help cover tuition, accommodation, and living expenses.
Our simple, regulated process makes it easy to check your eligibility, giving you peace of mind while planning for your child’s future. Whether you need guidance on amounts, tax implications, or timing, we’re here to help every step of the way.
Trusted, Regulated Advice for Unlocking Your Pension
UnlockPension.ie is a service provided by OMA Financial Services Limited trading as Q Financial and is regulated by the Central Bank of Ireland C135240.
With over 100 years of experience in personal, company, and self-administered pension schemes in Ireland and the EU, we help parents plan safely for their child’s future.
Your information is completely secure and confidential. Completing the form allows us to guide you personally and book a call to discuss the best options for your family—quickly, safely, and without any obligation.
How to Unlock a Preserved Pension for College Fees
If you’ve left a job in the past and still have a pension with that employer, you may be able to unlock part of it now. This can be a safe and effective way to help cover rising college fees and living expenses without taking on extra debt.
✅ Access up to 25% of your preserved pension tax-free
✅ Put money towards tuition, rent, and student costs
✅ Reduce financial stress on your family during key education years
✅ Flexible options with guidance from trusted, regulated advisers
Frequently Asked Questions
Can I use my pension to pay for college fees?
You can only unlock a pension from a job you have already left (a preserved pension). In many cases, you can take up to 25% tax-free, which parents often use to cover tuition, accommodation, or living expenses.
Is unlocking my pension safe?
Yes — UnlockPension.ie is provided by OMA Financial Services Ltd trading as Q Financial, regulated by the Central Bank of Ireland. All advice is secure, confidential, and tailored to your situation.
Will I pay tax if I unlock my pension?
The first 25% of your preserved pension may be taken tax-free. Any additional withdrawals are subject to income tax. We guide you on the most tax-efficient way to access funds for college costs.
How long does the process take?
Most pension unlock applications can be completed within 4-8 weeks, depending on your pension provider. We handle the paperwork and keep you updated at every step.
Is my information secure if I fill in the form?
Absolutely. Your details are fully confidential, protected under GDPR, and only used to assess your eligibility and arrange a call with an adviser. We never share your information without your consent.
“As a parent myself, I know how stressful it can be when your child’s college fees are looming. Today my own son received his Leaving Cert results, and it reminds me why helping families access their preserved pensions safely is so important. We guide you every step of the way — securely, clearly, and without any pressure.”
— Claire Mannion, QFA, Q Financial.ie
“I never thought my preserved pension could actually help with college fees. Q Financial guided me every step, and I was able to access part of my pension safely and tax-free. It made a huge difference for my daughter’s first year at university — I can’t recommend them enough!”
— Sarah M., Caherlistrane Co, Galway
“I was really stressed about how I’d manage college fees for my son. UnlockPension.ie made it simple and reassuring. With their guidance, I accessed part of my preserved pension safely and could focus on supporting him without the financial worry.”
— David A., Navan Co. Meath
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