Higher education is a central part of our plan as a Government to support a strong economy and deliver a fair society.
I have prioritised investment in higher education in the past two budgets, as part of a broader contribution to developing a long-term sustainable funding model for the sector.
As a result, my Department is investing €100m more in higher education in 2018 compared to 2016. Separate to this is the provision which I have made for pay restoration costs in 2018. We will seek to build on this progress in Budget 2019.
I have provided details of my Department’s allocation to Higher Education funding in the table attached. These figures include current funding and student grant assistance allocations for the past 5 years.
Promoting access to higher education for under-represented groups continues to be a priority for me. The National Plan for Equity of Access to Higher Education 2015-19 contains more than 30 actions that are intended to make higher education more representative of wider society. This includes initiatives to encourage entrants from socio-economic groups that have low participation in higher education; first time mature student entrants and students with disabilities.
Funding Allocated to Higher Education
2014*
|
2015
|
2016
|
2017
|
2018
|
€1,389,484,000
|
€1,307,939,015
|
€1,390,202,016
|
€1,452,596,017
|
€1,471,331,018
|
2014* includes Research Funding Allocation which is reported differently from 2015 onwards