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Institutes of Technology

Dáil Éireann Debate, Wednesday - 31 January 2024

Wednesday, 31 January 2024

Questions (202)

Matt Shanahan

Question:

202. Deputy Matt Shanahan asked the Minister for Further and Higher Education, Research, Innovation and Science to detail the annual payments in respect of the loans provided to IT Tralee and Waterford IT since the loan was provided; and if he will make a statement on the matter. [4362/24]

View answer

Written answers

My Department has entered recharge arrangements with respect to emergency funding provided to both IT Tralee and Waterford IT.

As regards Waterford IT, now under SETU, the latest recharge payment was made in October 2023 bringing total repayments to €6.9m. The recharge arrangement with IT Tralee, now MTU, is due to commence in May 2024.

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