The HEA manages and disburses recurrent funds to the universities, institutes of technology and other designated colleges*. These recurrent funds include core recurrent grants, grants in respect of the “Free Fees” Scheme, funding in respect of increased student intake, supplementary funding requirements, and other miscellaneous initiatives that may require funding.
Other functions of the funding sections include:
The ongoing development of the Recurrent Grant Allocation Model
Evaluating and agreeing budgets with the institutions for the expenditure of these monies
Evaluating and agreeing the format of audited accounts from the universities and the institutes of technology
Analysis of staffing and related expenditure
Preparation of annual Estimates submission to Department of Education and Science
Recommending amounts of recurrent funds required
Annual fee increase negotiations
Collection and analysis of unit cost data
Administration of reporting requirements for ESF/NDP programmes
Compilation of courses eligible for tax relief in third level institutions. The list of such courses is available on the Revenue Commissioners Website www. revenue.ie
*These institutions include: Mary Immaculate College Limerick, St. Patrick’s College Drumcondra, National College of Art and Design, Mater Dei Institute of Education, St. Angela’s College Sligo, the Royal Irish Academy and the Royal College of Surgeons in Ireland.
Please note that the HEA does not provide funding directly to students. For information on State higher education grants, please access the Student Finance website, www.studentfinance.ie or contact the Department of Education and Science