President of NUI Galway says student accommodation is not aimed at making profit

31st August 2017. Pictured for NUI Galway is Ciarán Ó hOgartaigh. Picture Jason Clarke

Galway Bay fm newsroom – The President of NUI Galway says the college’s student accommodation is aimed at providing accessible and affordable bed spaces to students.

A new survey reveals the university took in €5.2m last year for student accommodation fees – a decrease of several hundred thousand euro for the second year running, despite rising rents.

It means the university has seen a drop of almost €1m in student rental income over the past two years.

The figures published by the Irish Independent, also reveal NUI Galway is the only one of the seven main universities nationwide with a downward trend.

President of NUI Galway, Professor Ciarán Ó hÓgartaigh says the college aims to provide affordable accommodation for students and is not a landlord hoping to make a profit – for more on this story tune in to Galway Bay fm news on the hour…