Cork Institute of Technology concerned over finances

Cork Institute of Technology is facing a severe shortage of cash.

The 'stark reality' of the finances of Ireland's Technology Institutes has been revealed in a new report by the Higher Education Authority.

It shows that there are major concerns over the future of 10 institutues of technology, including CIT as they are all facing serious money problems...

Cork, Waterford, Tralee, Letterkenny, Galway/Mayo and Dundalk were all found to be "vulnerable" and facing immediate sustainability challenges...

President of Limerick's I.T. Professor Vincent Cunnane says there's serious under-funding in the sector which needs to be addressed.

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