UL's lossmaking student union must act urgently on poor financial planning, review says

The quality review of UL Student Life also found 'a lack of transparency around budgets and financial performance'

(Left to right) Síofra Foley, UL Student Life president, minister for Further and Higher Education, Research, Innovation and Science, James Lawless, and Professor Shane Kilcommins at the opening of University of Limerick's €34m Student Centre in October last year. The cost overruns on the new student centre prompted an internal audit review which echoes the most recent review. Picture: Sean Curtin True Media.

An internal review of the University of Limerick's student union's processes concluded that "trust and transparency needed to improve" and that poor financial planning needed to be addressed as "a matter of urgency".

The quality review of UL Student Life found that the organisation, which posted losses of close to €1.6m in under three years to 2025, “lacks financial planning and effective day-to-day financial management processes”.