Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Public Accounts Committee

Special Report No. 88 of the Comptroller and Auditor General: Restructuring the Administration of Student Grants

10:00 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

If this happened in a private business, it would no longer be in business. When we move on to 2014, the cost is €8.9 million. The first two years cost €22 million when the error is included. SUSI's costs amounted to €8.9 million, compared to an estimated cost of €10.5 million for the 66 agencies. After all that happened, we are still on the losing side. When will SUSI break even in terms of the €10.5 million figure?

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