Dundalk Institute of Technology (DkIT) has this week responded to the publication of a report by the Higher Education Authority (HEA) on performance in the higher education sector.
The report identified that DkIT was performing well in many areas but that Institute lacked strategic focus and was trying to do too much with too few resources.
This resulted in a threat of reduced funding if the matter is not addressed.
Dundalk Institute of Technology, GMIT and the National College of Art and Design in Dublin are all
This issue was highlighted in December and the DkIT Management Team set about addressing the issue immediately.
In statement DkIT say: “In conjunction with addressing the future strategy for the Institute, the DkIT team developed a revised financial plan to address the shortfall in the budget and this has been accepted by the HEA.
“A new revised performance plan is also to be submitted to the HEA in the coming weeks. Once this plan has been accepted, the threat of reduced funding for the Institute will be removed.
“DkIT is at the heart of education, industry and innovation in the North East.
“Arising from the public finance crisis since 2007, DkIT (like all state funded Higher Education Institutions) has had substantial cuts in funding.
“These cuts, coupled with increased student numbers, have resulted in a financial deficit since 2013.
“DkIT has always provided excellence in education, research, training and enterprise provision.
“Despite the financial challenges, the HEA report confirmed that DkIT has met or exceeded the majority of its performance indicators and has performed particularly well across a number of areas:
“Students view the Institute as a student-focussed learning environment.
“The student learning experience is reflected in the provision of quality teaching and learning within a highly supportive environment.
“The Institute is a top performer within the sector in attracting international students.
“DkIT is among the top performing Institutes in the country in terms of generating research income.
“The Institute is acknowledged as a pioneer in developing relationships between academia and industry. There have been significant achievements by DkIT.
“Over the past 25 years, it has supported over 1,200 entrepreneurs and carried out in excess of 255 applied research projects with industry.
“DkIT assures students, staff and the wider community that the Institute will continue to provide a high quality educational experience despite the difficult funding environment.
“DkIT continues to be a key driver of economic, social and cultural progress in the north east region.”