Minister for State at the Department of Further and Higher Education, Niall Collins
UNIVERSITY of Limerick, Limerick Institute of Technology and Mary Immaculate College are to share over €2.8m for capital works and equipment.
Minister for State at the Department of Further and Higher Education, Niall Collins, has announced an allocation of €25 million for higher education institutions nationally.
UL is to receive €1,356,000; €1,023,000 for LIT and €443,000 for Mary I.
The funding will allow institutions address small-scale capital investment and equipment needs based on their own priorities including health and safety works, infrastructure upgrades, ICT and equipment renewal, and energy-related upgrades.
The funding forms part of ongoing investment in the higher education sector under Project Ireland 2040. The allocation represents a significant increase from the €10 million provided in recent years. Previously limited to the technological sector, grant funding for the coming academic year is being extended to the university sector for the first time since 2011.
Minister Collins said he is very pleased to announce a significant increase in the devolved capital grant for the higher education sector and the extension of the grant to universities for the first time in nearly a decade.
"It is essential that higher education institutions can reinvest in their existing estate, renew and update their equipment, and can make capital investments to respond to developments in online and blended learning.
"Ongoing capital investment is essential to ensuring a high quality academic environment and a positive campus experience for students and staff. This flexible funding complements other targeted capital investments in the sector that will help expand availability of student places and transform campus infrastructure over the coming years.
"It also comes at an important time as the sector begins to prepare for the return of students next month," said Minister Collins.
Today’s announcement is in addition to the €168 million package of Covid 19-related supports for further and higher education institutions announced on 22 July.
The grant will be allocated to individual institutions in accordance with a model based primarily on student numbers, weighted by course type and mode of student. Funding will be provided by the Department of Further and Higher Education, Research, Innovation and Science through the Higher Education Authority (HEA).
Previous allocations under the Devolved Capital Grant have had a significant positive impact on campus development, facilitating initiatives such as upgrading of laboratories, replacement of obsolete ICT equipment, installation of energy efficient lighting, and repurposing of existing spaces in line with the needs of students and staff.
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