Simon Coveney (Cork South Central, Fine Gael)
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Question 110: To ask the Minister for Education and Science if she has given assurances to the third level sector that funds raised independently will not be taken into account when making Exchequer funding available to universities and ITs; and if she will make a statement on the matter. [12942/05]

Mary Hanafin (Dún Laoghaire, Fianna Fail)
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I have recently indicated that I accept as a matter of principle that income generated by higher education institutions from external sources should not be subject to off setting in the allocation of Exchequer funding. This is in a context where the recent OECD review of Irish higher education recommended that institutions should be incentivised to seek external sources of funding. However, in determining the income which it is appropriate for institutions to retain, account must be taken of Exchequer expenditure which has facilitated the generation of such income.