Pádraig Mac Lochlainn (Donegal North East, Sinn Fein)
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Question 23: To ask the Minister for Education and Skills the rationale behind the scholarship scheme awarded by the Irish Universities Association offering Indian students a chance to pursue their studies in Ireland with €10,000 awarded for living expenses and full tuition fee waiver. [10029/12]

Ruairi Quinn (Dublin South East, Labour)
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The Programme for Government indicated that the Government would "develop cultural and diplomatic links with emerging markets including through a scholarship scheme". A similar recommendation is also made in the international education strategy 2010-2015.

It is in Ireland's long-term interests to identify and educate the next generation of business, political and cultural leaders in emerging markets which are increasing importance to our country.

There is also an immediate impact on the economy and on job creation. International students are worth over €750m to the Irish economy in direct expenditure. International education has also been identified in the Action Plan for Jobs as a key growth sector.

To fulfil Ireland's potential in this area, we need to raise our profile as a centre for international education. International scholarships are regarded as a crucial tool in that effort. Our competitors use them very effectively.

My Department and the Higher Education Authority will shortly be launching this new scholarship scheme.