State lifts €3.7m funding penalties on University of Limerick

Kerstin Mey, UL’s president, told staff in memo that the decision was a ‘clear signal that UL has turned a corner in terms of addressing historic governance shortcomings’

The state grants were withheld by the government because of governance concerns related to its purchase of a site in Limerick city centre

The government has lifted €3.7 million worth of funding penalties which it imposed on the University of Limerick (UL) because of governance concerns related to its controversial acquisition of a derelict site in the city centre.

Professor Kerstin Mey, UL’s president, today told staff that the government department in charge of universities has lifted a pause on state grants which had prevented the institute from accessing €3.7 million in funding this year.

The state withheld ...