Generate additional non-exchequer income

In order to finance our ambitious increase in faculty numbers and our infrastructure programme, we will increase the amount of non-exchequer income we generate. By the end of the strategy period we will be generating an extra €25 million each year in non-exchequer income.

We will develop income generating activities which utilise our infrastructure after hours, at weekends and particularly over the summer trimester, increasing the utilisation of our teaching facilities over those periods of time and increasing the utilisation of our student accommodation over summer. 

We will also build summer school and conference activity over summer, and undertake other activities to ensure that the accommodation, sporting facilities and associated student amenities are highly utilised and are generating income to support the core operation of the University. We will give priority to activities that support the core objectives of the strategy.

Through the UCD University Club, we will increase the utilisation of O’Reilly Hall and other university venues to provide one of Dublin’s premier meeting and conference facilities, generating further non-exchequer income through room hire and catering.

Universities around the world increasingly rely on the financial support of their alumni, corporate partners and other philanthropists. UCD is no exception. Over the period of this strategy we will work to continue to increase the amount of philanthropic support received by the University.

We will explore other opportunities to generate a financial return from the assets of UCD, while continuing to support the core operations of the University and uphold our values and our reputation.