Large funding package announced for Cork higher education institutions

Large funding package announced for Cork higher education institutions

SOME €3.1 million has been allocated for capital works and equipment in higher education institutions in Cork, it has been revealed.

The funding will allow institutes to 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.

Cork TD Colm Burke (FG) welcomed the funding.

“This funding provided by my Fine Gael colleague, Minister for Further and Higher Education Simon Harris, represents 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,” he said.

“Our local higher education institutions play a hugely important role in the fabric of our community here in Cork “It is essential that UCC and CIT 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,” he added.

The funding 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).

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