David Cullinane (Waterford, Sinn Fein)
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131. To ask the Minister for Education and Skills further to Parliamentary Question No. 97 of 7 December 2016, the reason for the delay in supplying the information requested; and if he will make a statement on the matter. [10653/17]

Richard Bruton (Dublin Bay North, Fine Gael)
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Officials from my Department have again liaised with the Higher Education Authority in relation to this matter and have been advised that University College Cork (UCC) has to date not received any income from the Irish Management Institute (IMI) for the validation of degrees. However, UCC receives funding related to joint programmes based on credit input that UCC has in courses offered by the IMI.  Details of that funding is set out in the following table.

Also attached is a table with the details of the debt and borrowings for each of the years 2000 - 2016 for UCC.

UCI/IMI Joint Programme Income

University College Cork (UCC) - Information on Surplus/Deficits and Borrowings

1. Data is not available in respect of financial years 2013/14 as statements have not yet been audited by the C&AG.

2. Borrowings based on loans, overdrafts and obligations arising under financing arrangements