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€4.7m Stability Fund Announced...

Coronavirus

€4.7m Stability Fund Announced For The Irish Summer Colleges Sector

Rebecca Noonan
Rebecca Noonan

06:22 28 May 2020


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The stabilisation fund is being provided as a once-off measure

A €4.7m stability fund has been announced for the Irish summer colleges  sector

The stabilisation fund is being provided as a once-off measure  with the overall objective of ensuring the ongoing viability of the sector

Under the stability fund,  up to €3.1m will be directed at supporting the college authorities to refund fees/deposits to parents while a further €1.6m is being allocated to offset losses incurred by up to 700 certified Gaeltacht householders who normally keep students attending one of the recognised 42 colleges during the summer months.

The measure follows the cancellation last month of Irish summer college courses by the Department of the Gaeltacht in the interests of protecting public health during the COVID-19 pandemic.


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