Catherine Murphy (Kildare North, Social Democrats)
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474. To ask the Minister for Education and Skills the estimated full-year cost if the budget for Royal Irish Academy of Music increased by 5%. [18459/20]

Norma Foley (Kerry, Fianna Fail)
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The Royal Irish Academy of Music (RIAM) is an autonmous institution and is not a designated institution under the Higher Education Authority (HEA).  RIAM therefore receives funding (pay and non-pay) directly from the Department and the purpose of this provision is to assistthe Academy in meeting their general running costs.

The 2020 allocation is €3,282,000, a 5% increase in this allocation would be €164,100.

The Academy also receives income from other sources such as tuition and examination fees, philanthropic donations, music fees, returns from investments, subscriptions etc.