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MOST UNIVERSITIES AND third-level colleges are returning rent fees to students, while also facing a €500 million funding gap because of the Covid-19 pandemic.
This estimate by the Higher Education Authority poses a significant problem for universities: squeezed from all sides by a drop in international students, a drop in advertising, and a loss in on-campus accommodation fees.
Seven Irish universities that have on-campus accommodation have committed to refunding students their rent payments for on-campus accommodation for students who travelled back home during the lockdown.
NUI Galway have already refunded students; Trinity College Dublin said that they would refund students by June.
University of Limerick confirmed on Friday that it was refunding students from the date they left their student accommodation to the end of the semester. This amount is worth €3.45 million, it said.
Waterford IT said that
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