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Kerry campus of MTU expected to return financial surplus in next two years

Oct 19, 2021 08:10 By radiokerrynews
Kerry campus of MTU expected to return financial surplus in next two years Kerry campus of MTU expected to return financial surplus in next two years
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The Kerry campus of the MTU is expected to return a financial surplus over the next two years.

The Institute of Technology Tralee, now a campus of the Munster Technological University, has run budget deficits in recent years.

Two years ago, the Higher Education Authority (HEA) provided emergency funding of ā‚¬5 million to assist the college.

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The institute submitted a sustainability plan in parallel with a business plan for the Kerry Sports Academy to the HEA in March 2020.

The plan forecasts the institute will return to a surplus financial position from the 2022/23 academic year onward.

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