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19 down from institute on holiday found answers (7,2,3)

Ross

I believe the answer is:

figured it out

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'holiday found answers' is the definition.
I don't know anything about this answer so I can't tell whether it can be defined by this definition.

'19 down from institute on' is the wordplay.
I cannot quite see how this works, but
'down' could be 'out' ('out' can be similar in meaning to 'down') and 'out' is found within the answer.
'institute' could be 'i' (common abbreviation as in MIT) and 'i' is found in the answer.
'on' could be 're' ('on' can be mean 'with reference to') and 're' is found within the answer.
This may be the basis of clue (or it may be nonsense).

Can you help me to learn more?

(Another definition for figured it out that I've seen is " Solved (something)".)

I've seen this clue in the Irish Times.
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