Oireachtas Joint and Select Committees

Tuesday, 6 November 2018

Joint Oireachtas Committee on Education and Skills

Letterkenny Institute of Technology: Chairperson Designate

3:30 pm

Mr. Fintan Moloney:

It is a mixture of all of those sources. The position is that, with our five year development plan, the campus in Killybegs will not wash its own face, that is, it will not cover the costs associated with it. For the campus in Letterkenny, the position is positive, but, obviously, while the funds can be used to offset the deficit in Killybegs, they are not sufficient. In the next couple of years we will have €750,000 per annum which will help to balance the books, but we will have to look for more funding in that regard. In the intervening period the growth in student numbers, in particular, the number of international students, has had a significant impact. That is where we are concentrating to bring in additional revenue.

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