Ireland education Coronavirus Ireland

Covid-19 plunges universities into funding crisis

Reading now: 443
www.rte.ie

Ireland's seven universities are facing a major funding crisis due to the decimation of revenue streams caused by the Covid-19 pandemic.

According to documents seen by RTÉ's This Week, factors such as the collapse of international student fee income, rental of on-campus accommodation and commercial revenues will cost the universities €374m in the 2020 and 2021 financial years.

The details of the financial crisis facing the sector are contained in a document sent from the Irish Universities Association to Government and other stakeholders in the education sector this weekend.

Since the outbreak of Covid-19 Irish universities have played a leading role in the national response. They are providing testing facilities, contact tracing and

Read more on rte.ie
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA