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06 Jul 2022

Dundalk IT responds to report highlighting the 'significant financial challenges' the college faces

Dundalk IT responds to report highlighting the 'significant financial challenges' the college faces

Dundalk Institute of Technology (DkIT) have responded to today's HEA Financial Review of the Institutes of Technology report which highlighted the 'significant financial challenges' the college is facing at present.
In response to the challenging financial environment faced by the Higher Education sector in recent years, DkIT has implemented a series of measures to manage costs and direct resources to critical areas to ensure that its standards of teaching and learning are maintained where possible.
Speaking today, Ann Campbell, President of DkIT said:
“Like all other Institutes of Technology across the country, the past 10 years have presented major financial challenges for DkIT, particularly in relation to the unprecedented cuts in state funding to the Higher Education sector.
"We welcome today’s report by the HEA which highlights the considerable burden placed on IoTs in managing consistently reduced budgets amidst an environment of rising student numbers and rapidly changing technological demands in Higher Education. We call for a restoration of this funding to allow us to continue to make future-proof investments in the facilities and education of our students.
"It is important to note that despite financial challenges, our dedication to teaching and learning has never wavered and we are committed to delivering highly skilled, creative graduates that are career-ready and meet the needs of employers. I am pleased to report that of our 2015 graduate survey confirm this, with 89% of our graduates entering full-time employment or further study within just nine months of graduation. ”

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