Irish Budget 2011: the key higher education figures
The impact of the Budget and Estimates on higher education can be worked out here, and may be summarised as follows.
• Overall the Education and Skills vote is down 2.6 per cent compared with the expected 2010 outturn (but marginally up on the Estimates figure this time last year).
• The higher education vote is down substantially: 7 per cent, from €1,194,183,000 to €1,112.717,000. Although I have not yet been able to track how the new student contribution is being factored in, I suspect this means that the increase is being clawed back by the government – though this in turn may mean that the net position to universities is less severe than the above figure implies.
• PRTLI expenditure for 2011 is being estimated at €55m, which suggests that most of the investment for Cycle 5 will be taking place after the next 12 months.
• The science and technology development budget in the Department of Enterprise, Trade and Innovation for 2011 is €320m, which presumably takes in Science Foundation Ireland. The sum is a 9 per cent increase on 2010.
More analysis later.