LIMERICK Institute of Technology has launched an ambitious five-year plan aiming to invest €150 million on infrastructure, increase student numbers and position the institute as a Technological University after 2022.
The Technological Universities Act, which was passed into law in March, will see a number of third level institutions around the country merge to form Technological Universities.
The Strategic Plan 2018-2022 will see LIT grow while retaining its autonomy as the institution moves towards a different designation, according to President of LIT Professor Vincent Cunnane.
The plan is a “the bridge between our Institute of Technology status and our declared aim to become a Technological University after this plan is completed,” he said.
“It is an expression of our values as an institution, and its implementation will see us retain our autonomy as we move towards a different designation.”
Dublin Institute of Technology (DIT), Institute of Technology Blanchardstown (ITB) and Tallaght Institute of Technology (ITT) have submitted an application to be brought together under the consortium of TU4Dublin.
In Munster, Cork Institute of Technology and the Institute of Technology Tralee are due to submit an application proposing to become the Munster Technological University.
LIT’s Strategic Plan seeks to retain the insititute’s autonomy during this five year period, while growing student numbers by 20% to 7,500.
This includes a 200% increase in international student numbers, a 30% increase in flexible students, a 120% increase in postgraduate research students and a 27% increase in taught postgrad numbers.
“The implementation of this plan will see LIT transformed once more, at a time when Higher Education itself is being radically transformed,” Professor Cunnane said.
“It reinforces the strength of the unique Higher Education infrastructure that we have here in Limerick, building on our partnership with UL and Mary Immaculate in the Shannon Consortium.”
The plan is based on a wide-ranging consultation with LIT stakeholders, according to chairman of the governing body of LIT Niall Greene. “That consultation was deeply rooted in the key LIT value of being relevant to and engaged in the needs of the wider region that we serve.”
“The objective is to be the best that we can be in serving the diverse needs of our region. We believe that we have identified and are putting in place the key values, resources and actions needed to achieve that objective,” he added.
The Plan is available at www.lit.ie/reports.