"President Deeks himself received a salary of €194,175 for the 12 months to the end of September 2018. Ten staff members at UCD were on annual salaries in excess of €200,000."
There was an increase of €3.1 million in UCD's annual surplus for the financial year ending in September 2018 - making a total of €35.2 million. There had been concerns regarding the funding for third-level education in the Budget however the university reported a successful financial year with the latest accounts showing a 6 per cent rise in income for UCD to €587.1 million - an annual increase of €33.4 million.
Academic fees, which were up €11.3 million to €230.8 million and State grants which were up €6.7 million to €68.7 million, were largely responsible for the growth in revenue.
2018 was also the university's most successful year ever for research grants, according to UCD president Andrew Deeks. Research grants were up more than 25 per cent to €122.4 million. Total expenditure went up by 5.8 per cent to €552.1 million. Accounts show that UCD spent €3.9 million total on contracts with 50 suppliers during 2018 that did not comply with national or EU procurement rules, however, the university said it was aiming to achieve compliance with public sector procurement requirements within three years.
President Deeks himself received a salary of €194,175 for the 12 months to the end of September 2018. Ten staff members at UCD were on annual salaries in excess of €200,000.
The number of centres supporting UCD's engagement overseas increased to five in 2018 with the opening of a new Global Centre in Dubai. Additionally, international student numbers increased in 2018 making the international student population enrolment numbers stand at 7,923, which is over a quarter of all students in UCD campuses.
Expenditure in the year to September 2018 totalled €38.2 million - this included work on UCD's student residences and the incorporation of a new subsidiary, UCD English Language Academy Company.