Millionaire halts university funding

MAYNOOTH UNIVERSITY will have most to lose from the decision by a major American benefactor to halt funding for Irish universities.

Atlantic Philanthrophies, one of the world’s largest international donors, announced on Monday that it is to cease a grant aiding higher education in Ireland.

The decision brings to an end more than a decade of assisting universities and colleges in the Republic and the North and means the colleges are to lose their collective biggest single source of private funding.