The figure referred to by the Deputy is based on the statistical returns which colleges are obliged to submit to the Higher Education Authority every year. The information is obtained from students when they register and not all students have their accommodation arrangements finalised at that time.
The relevant colleges approve some of the hostel accommodation, which is dedicated for student use. In addition some overseas students who attend colleges to participate in short-term modules may also use this type of accommodation due to the temporary nature of their attendance.
In recognition of the difficulties which students have been experiencing the Government introduced a special tax incentive to encourage the provision of student rented residential accommodation in Section 50 of the 1999 Finance Act. A recent survey shows that 3,315 bed spaces have been provided as a result of the tax incentive to date. The survey also indicates that an additional 14,514 bed spaces are to be provided under the scheme.
In addition to the Section 50 tax incentive scheme, this Government introduced "Rent-a-room" relief in the 2001 budget. It allows homeowners rent out a room in their homes and have rental income of €7,618, £6,000, a year tax-free.