UCC finance chief says sector needs new funding model

Revenue at UCC from international students at €32.4m was down €4.5m year on year.

The Chief Financial Officer at University College Cork has warned that the funding model for third-level education "threatens the sector’s ability to deliver such services in a sustainable manner".

New financial statements for the year 2021 showed that student numbers are increasing at the university, along with student fee income, and the overall financial picture for the university is positive. However, there was a longer-term warning about the financial pressures on the higher education sector.